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Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the Guide.

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20 ILCS 3501/850-15

    (20 ILCS 3501/850-15)
    Sec. 850-15. Purposes; Climate Bank. In its role as the Climate Bank for the State, the Authority shall consider the following purposes:
        (1) the distribution of the benefits of clean
energy in an equitable manner, including by evaluating benefits to eligible communities and equity investment eligible persons;
        (2) making clean energy accessible to all,
especially eligible persons, through financing opportunities and grants for minority-owned businesses, as defined in the Business Enterprise for Minorities, Women, and Persons with Disabilities Act, and for low-income communities, eligible communities, environmental justice communities, and the businesses that serve these communities; and
        (3) accelerating the investment of private capital
into clean energy projects in a manner reflective of the geographic, racial, ethnic, gender, and income-level diversity of the State.
(Source: P.A. 102-662, eff. 9-15-21.)