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IL SB3825
Bill
Status
Introduced
2/6/2026
Primary Sponsor
Ram Villivalam
Click for details
AI Summary
- Creates the Lead Service Line Replacement Bonding Act, authorizing the Illinois Environmental Protection Agency to issue up to $2,000,000,000 in bonds to fund lead pipe replacement across the state
- Bond proceeds will finance low-interest or zero-interest loans for lead service line replacement projects through the Lead Service Line Replacement Loans Program
- Disadvantaged communities may receive principal forgiveness or negative interest loans to help cover replacement costs
- Funds may also cover bond issuance costs, administration, credit enhancement, and refinancing of similar existing obligations
- Addresses public health risks from lead exposure, particularly for children and pregnant persons, by accelerating removal of both publicly and privately owned lead service lines
Legislative Description
EPA-ISSUE BONDS
Last Action
Rule 2-10 Committee Deadline Established As April 24, 2026
3/13/2026
Committee Referrals
Appropriations - Public Safety and Infrastructure2/24/2026
Assignments2/6/2026
Full Bill Text
No bill text available