PROCUREMENT- DISCLOSURE

Amends the Illinois Procurement Code. Redefines "contract" to include amendments to contracts. Prohibits the use of the sole source method of procurement as the basis for amending contracts if the additions would result in extensions of cost or term beyond specified limits. Limits the terms of emergency procurements to the shorter of 2 months or the period reasonably needed for competitive sealed bidding. Redefines the State services that, if disrupted, would warrant emergency procurements. Requires State agencies to comply with the Comptroller's requests for documents and information concerning specific contracts. Authorizes the Comptroller, with the approval of the Treasurer, to void or ratify contracts (now, only the chief procurement officers). Requires that bids or offers worth $50,000 or more annually must be accompanied by a disclosure of the potential contract executing entity and various entities with financial relationships with, or to whom political contributions may be made by, the contracting entity. Requires publication of the disclosures of winning bidders or offerors in the Procurement Bulletin. Specifies deadlines for posting certain notices in the online Procurement Bulletin. Makes other changes. Creates the Legislative Contract Disclosure Act and the Lieutenant Governor Contract Disclosure Act and amends the State Budget Law, the Attorney General Act, the Secretary of State Act, the State Comptroller Act, the State Treasurer Act, and the Illinois State Auditing Act, to require similar disclosure with respect to contracts entered into by the offices of executive branch constitutional officers, the legislative branch, and the Auditor General. Effective immediately.