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IL HB2219
Bill
Status
7/28/2023
Primary Sponsor
Marcus Evans
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AI Summary
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Amends the Metropolitan Water Reclamation District Act to allow issuance of bonds up to 3.35% of equalized assessed valuation through December 31, 2034, for sewage treatment, water quality improvements, distributed renewable energy generation devices, and flood control facilities.
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Increases the annual bond issuance limit from $150,000,000 to $150,000,000 plus any unused authorized amounts from the prior 3 budget years.
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Authorizes the district to issue up to $600,000,000 in additional bonds for contributions to the district's pension fund without voter approval.
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Creates new Section 56 authorizing the district to capture, recover, and sell recovered resources and renewable energy from wastewater treatment operations, including biogas, nutrients, algae, and thermal energy.
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Permits the district to accept food waste, organic waste, and other materials to enhance the production of renewable energy and recovered resources from its facilities.
Legislative Description
MWRD-RESOURCE RECOVERY
Last Action
Public Act . . . . . . . . . 103-0299
7/28/2023