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Amends the Illinois Finance Authority Act. In provisions regarding clean coal, coal, energy efficiency, PACE, and renewable energy project financing, adds provisions regarding energy storage project financing. Makes changes in provisions concerning project bond authorizations and financing limits. Makes conforming changes to related provisions regarding findings, definitions, creation of reserve funds, powers and duties of the Illinois Finance Authority, criteria for program participation, securitization of bonds issued by the Authority, and other related provisions.
Introduced
Oct 14, 2025
Last Action
Oct 14, 2025
Session
IL 104th
Sponsors
1 primary · 0 co
Filed with Secretary by Sen. Willie Preston
First Reading
Referred to Assignments
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Referred to Assignments