Public Act 101-0193
 
SB0211 EnrolledLRB101 07983 RJF 53039 b

    AN ACT concerning finance.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Illinois Procurement Code is amended by
adding Section 25-47 as follows:
 
    (30 ILCS 500/25-47 new)
    Sec. 25-47. Renewable energy resources contracts or
leases. State purchasing officers or a State agency may enter
into renewable energy resources contracts and leases for a
period of time deemed to be in the best interest of the State,
but not exceeding 25 years inclusive of proposed contract or
lease renewals. For the purposes of this Section, "renewable
energy resources" has the meaning ascribed to that term in
Section 1-10 of the Illinois Power Agency Act.
 
    Section 99. Effective date. This Act takes effect upon
becoming law.