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Amends the Illinois Finance Authority Act. In provisions concerning powers and duties of the Illinois Finance Authority in furtherance of its clean energy powers and purposes, provides that the Authority shall have the power to utilize certain funding sources for clean water, drinking water, and wastewater treatment or climate resilience projects. Amends the Climate Bank Loan Financing Act. Defines "climate resilience project" to mean a project to reduce hazards or risks to people and property from future disasters or climate-related conditions. Provides that "climate resilience project" includes, but is not limited to, projects that ensure access to clean water and drinking water, support wastewater treatment or resiliency of other essential infrastructure and other projects that reduce the potential impact of disasters or climate change. Adds climate resilience projects to provisions concerning clean energy infrastructure projects and authority to issue bonds. Effective immediately.
Introduced
Apr 9, 2025
Last Action
May 31, 2025
Session
IL 104th
Sponsors
2 primary · 20 co
Rule 19(a) / Re-referred to Rules Committee
Third Reading/Final Action Deadline Extended-9(b) May 31, 2025
Held on Calendar Order of Second Reading - Short Debate
Second Reading - Short Debate
Added Alternate Chief Co-Sponsor Rep. Abdelnasser Rashid
Added Alternate Co-Sponsor Rep. Daniel Didech
Placed on Calendar 2nd Reading - Short Debate
Added Alternate Co-Sponsor Rep. Brad Stephens
Do Pass / Short Debate Revenue & Finance Committee; 011-005-000
Added Alternate Co-Sponsor Rep. Maurice A. West, II
Added Alternate Co-Sponsor Rep. Diane Blair-Sherlock
Added Alternate Co-Sponsor Rep. Kelly M. Cassidy
Added Alternate Co-Sponsor Rep. Michelle Mussman
Added Alternate Co-Sponsor Rep. Laura Faver Dias
Added Alternate Co-Sponsor Rep. Edgar González, Jr.
Added Alternate Co-Sponsor Rep. Bob Morgan
Added Alternate Co-Sponsor Rep. Lilian Jiménez
Added Alternate Co-Sponsor Rep. Kyle Moore
Assigned to Revenue & Finance Committee
Third Reading - Passed; 051-004-000
Recalled to Second Reading
Senate Floor Amendment No. 1 Adopted; Ventura
Placed on Calendar Order of 3rd Reading
Arrived in House
Chief House Sponsor Rep. Nabeela Syed
First Reading
Referred to Rules Committee
Added as Co-Sponsor Sen. Jil Tracy
Added as Co-Sponsor Sen. Ram Villivalam
Senate Floor Amendment No. 1 Recommend Do Adopt Executive; 012-000-000
Added as Co-Sponsor Sen. Linda Holmes
Senate Floor Amendment No. 1 Assignments Refers to Executive
Senate Floor Amendment No. 1 Referred to Assignments
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Rachel Ventura
Added as Chief Co-Sponsor Sen. Graciela Guzmán
Second Reading
Added as Chief Co-Sponsor Sen. Sara Feigenholtz
Added as Co-Sponsor Sen. Mike Porfirio
Added as Co-Sponsor Sen. Laura M. Murphy
Added as Co-Sponsor Sen. Adriane Johnson
Placed on Calendar Order of 3rd Reading April 1, 2025
Do Pass Executive; 011-000-000
Placed on Calendar Order of 2nd Reading March 20, 2025
Assigned to Executive
Referred to Assignments
Filed with Secretary by Sen. Rachel Ventura
First Reading
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Rule 19(a) / Re-referred to Rules Committee
Edgar González, Jr.
Kelly M. Cassidy
Daniel Didech
Laura M. Murphy
Maurice A. West, II