Bill Status of HB 28   97th General Assembly

Short Description:  PROP TX-GREEN ENERGY SSA

House Sponsors
Rep. Lou Lang-Patrick J. Verschoore, Elaine Nekritz, Karen A. Yarbrough, Dave Winters, Sara Feigenholtz, Marlow H. Colvin and Naomi D. Jakobsson

Last Action  View All Actions

DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
20 ILCS 3501/820-10
20 ILCS 3501/820-20
20 ILCS 3501/820-25
20 ILCS 3501/820-37 new
35 ILCS 200/27-5
35 ILCS 200/27-97 new
55 ILCS 5/5-1005from Ch. 34, par. 5-1005
65 ILCS 5/Art. 11 Div. 15.4 heading new
65 ILCS 5/11-15.4-1 new

Synopsis As Introduced
Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority has the power to purchase special service area bonds and to accept assignments or pledges, or both, of special service area bonds or agreements relating to public and private green special service area projects. Amends the Special Service Area Tax Law in the Property Tax Code. Provides that the corporate authorities of a county or a municipality may establish a green special service area. Provides that those green special service areas shall include only property for which each owner of record has executed a contract or agreement with the county or municipality consenting to the inclusion of the property within the green special service area. Provides that the owner of record of a parcel of property within a green special service area may arrange for specific energy efficiency improvements, renewable energy improvements, or water use improvements and may obtain financing for those improvements through the process set forth in the ordinance establishing the green special service area. Provides that the corporate authorities of a county or municipality that establishes a green special service area shall levy a tax on all property in a green special service area where each owner of record has entered into a contract for improvements. Provides that counties and municipalities may issue bonds in connection with green special service areas and may sell, assign, or pledge those bonds to the Illinois Finance Authority. Amends the Counties Code and the Illinois Municipal Code to provide that each county or municipality shall have the power and authority to engage in specified activities that relate to green special service areas. Effective immediately.

Actions 
DateChamber Action
  12/28/2010HousePrefiled with Clerk by Rep. Lou Lang
  12/28/2010HouseChief Co-Sponsor Rep. Patrick J. Verschoore
  1/12/2011HouseFirst Reading
  1/12/2011HouseReferred to Rules Committee
  1/28/2011HouseAdded Co-Sponsor Rep. Elaine Nekritz
  1/28/2011HouseAdded Co-Sponsor Rep. Karen A. Yarbrough
  1/28/2011HouseAdded Co-Sponsor Rep. Dave Winters
  2/8/2011HouseAdded Co-Sponsor Rep. Sara Feigenholtz
  2/8/2011HouseAssigned to Revenue & Finance Committee
  3/10/2011HouseAdded Co-Sponsor Rep. Marlow H. Colvin
  3/17/2011HouseRule 19(a) / Re-referred to Rules Committee
  1/24/2012HouseAssigned to Revenue & Finance Committee
  3/9/2012HouseRule 19(a) / Re-referred to Rules Committee
  7/11/2012HouseAdded Co-Sponsor Rep. Naomi D. Jakobsson
  1/8/2013HouseSession Sine Die

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