Illinois HB 37: IL SPORTS FACILITIES-PROPERTY

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
HB0037

Introduced 1/9/2025, by Rep. La Shawn K. Ford 

SYNOPSIS AS INTRODUCED:

70 ILCS 3205/12.2 new

 Amends the Illinois Sports Facilities Authority Act. Provides that the Illinois Sports Facilities Authority may sell certain specified property. Provides for the disposition of moneys received from the sale. Authorizes the Illinois Sports Facilities Authority to enter into any agreements and execute any documents necessary to arrange for the sale of the property.

LRB104 03034 HLH 13052 b

A BILL FOR

HB0037LRB104 03034 HLH 13052 b

1 AN ACT concerning local government.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Illinois Sports Facilities Authority Act is 

5amended by adding Section 12.2 as follows:

6 (70 ILCS 3205/12.2 new)

7 Sec. 12.2. Sale of property.

8 (a) The Authority is authorized to sell any or all of the 

9parcels of property described in Section 12. 

10 (b) If the Authority sells the property described in 

11Section 12, the Authority shall obtain 3 appraisals of that 

12property, at least one of which shall be performed by an 

13appraiser residing in Cook County. The highest appraised value 

14from the 3 appraisals received plus the cost of obtaining the 

15appraisals shall represent the fair market value of the real 

16property only for the purposes of this subsection (b). No 

17property may be conveyed under this Section for less than the 

18fair market value. The Authority may sell the real property by 

19public auction following notice of the sale by publication on 

203 separate days not less than 15 nor more than 30 days prior to 

21the sale in a daily newspaper having g