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IL SB3472
Bill
AI Summary
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Prohibits school districts and area vocational centers from entering into new guaranteed energy savings contracts, modifications, or amendments on or after January 1, 2021.
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Reduces the guaranteed energy savings contract performance period from 20 years to 8 years from the date of final installation of energy conservation measures.
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Requires performance reviews to be conducted at least once every 4 years to verify outcomes of guaranteed energy savings contracts, with reviews performed during health and life safety surveys.
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Clarifies that "energy conservation measure" excludes new construction or building additions beyond existing square footage and footprint, except areas required solely for mechanical and electrical upgrades.
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Repeals Article 19b (school energy conservation measures) 20 years after the effective date of this amendatory Act.
Legislative Description
SCH CD-ENERGY CONSERVATION
Last Action
Session Sine Die
1/13/2021