HB3574: PROCUREMENT-DATA RESIDENCY

Legislative Summary

Reinserts the provisions of the introduced bill with changes. Provides that, if the State data was stored within the State of Illinois but outside of any qualified area, then the amount of the earned credit shall be 2% of the contract's value for storage of the State data. Provides that, if the State data was stored within the State of Illinois and all or part of the State data was stored within a qualified area, then the amount of the earned credit shall be 4% of the contract's value for storage of the State data. Provides that the provisions of the introduced bill do not apply to contracts that are primarily for the provision of telecommunications services.