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IL HB5195

Bill

Official Source

Status

Passed

7/6/2012

Primary Sponsor

Daniel Biss

Click for details

Origin

House of Representatives

97th General Assembly

AI Summary

  • Amends the Illinois Finance Authority Act to expand the definition of "energy conservation project" to include Energy Efficiency Projects as defined in Section 825-65(b)(iii) for school districts and community college districts
  • Changes the Authority's role from "shall" to "may" assist the Department in establishing a program to help units of local government identify and arrange financing for energy conservation projects
  • Maintains that bonds issued under the program do not constitute state indebtedness and are payable solely from Authority revenues and assets
  • Takes effect upon becoming law

Legislative Description

IFA-CONSERVATION PROJECT

Last Action

Public Act . . . . . . . . . 97-0760

7/6/2012

Committee Referrals

Environment4/11/2012
Assignments3/21/2012
State Government Administration2/17/2012
Rules2/8/2012

Full Bill Text

No bill text available