RAUSCHENBERGER-RONEN-SULLIVAN, HALVORSON AND DEL VALLE. (NOVAK-CURRIE-HULTGREN-HAMOS) 20 ILCS 3505/7.91 new 20 ILCS 3505/7.92 new 20 ILCS 3505/7.94 new Amends the Illinois Development Finance Authority Act. Provides that it is in the public interest to reduce the costs of energy supplies and services by providing loans and by financing the administration of loans and the provision of technical assistance related thereto to fund energy efficiency improvements in governmental, commercial, and certain multi-family and other buildings. Authorizes the Authority to provide loans at no more than 2% interest for this purpose, with repayment periods of no longer than 8 years. Effective immediately. SENATE AMENDMENT NO. 1. In provisions concerning the loan program, provides that loans may be made for the purchase and installation of any energy efficiency measure having a financial payback of no more than 7 years. FISCAL NOTE (Illinois Development Finance Authority) This legislation is not subject to an appropriation nor does the Authority receive State appropriation. However, it may be necessary for the Authority to procure outside services to administer the loan program. Furthermore, depending on the size of the Fund, it may be necessary for the Authority to issue bonds to either fund or serve the program. Therefore, the fiscal impact on the Authority cannot be determined at this time. JAN-23-2002 S FIRST READING JAN-23-2002 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-27-2002 S ASSIGNED TO COMMITTEE EXECUTIVE MAR-07-2002 S DO PASS 012-000-000 SEXC MAR-07-2002 S PLACED ON CALENDAR ORDER OF 2ND READING 02-03-20 MAR-20-2002 S SECOND READING MAR-20-2002 S PLACED ON CALENDAR ORDER OF 3RD READING 02-03-21 MAR-27-2002 S ADDED AS A CO-SPONSOR HALVORSON APR-02-2002 S FILED WITH SECRETARY APR-02-2002 S AMENDMENT NO. 01-RAUSCHENBERGER APR-02-2002 S AMENDMENT REFERRED TO SRUL APR-02-2002 S ADDED AS A CO-SPONSOR DEL VALLE APR-03-2002 S ADDED AS A CHIEF CO-SPONSOR RONEN APR-03-2002 S AMENDMENT NO. 01-RAUSCHENBERGER APR-03-2002 S RULES REFERS TO SEXC APR-03-2002 S AMENDMENT NO. 01-RAUSCHENBERGER APR-03-2002 S BE ADOPTED SEXC/013-000-000 APR-03-2002 S RECALLED TO SECOND READING APR-03-2002 S AMENDMENT NO. 01-RAUSCHENBERGER APR-03-2002 S ADOPTED APR-03-2002 S PLACED ON CALENDAR ORDER OF 3RD READING 02-04-04 APR-04-2002 S ADDED AS A CHIEF CO-SPONSOR SULLIVAN APR-04-2002 S THIRD READING - PASSED 055-000-000 APR-04-2002 H ARRIVE IN HOUSE APR-04-2002 H HOUSE SPONSOR NOVAK APR-04-2002 H FIRST READING APR-04-2002 H REFERRED TO HOUSE RULES COMMITTEE RULES APR-05-2002 H ASSIGNED TO COMMITTEE ENVRMNT ENRGY APR-15-2002 H FISCAL NOTE FILED APR-15-2002 H COMMITTEE ENVRMNT ENRGY APR-18-2002 H DO PASS/SHORT DEBATE 017-000-000 HENE APR-18-2002 H PLACED CALENDAR 2ND READING-SHORT DEBATE APR-24-2002 H ADDED AS A JOINT SPONSOR CURRIE MAY-01-2002 H ADDED AS A JOINT SPONSOR HULTGREN MAY-02-2002 H 3RD RDG. DEADLINE EXTENDED-RULE 9(B) TO 05/17/02 MAY-02-2002 H CALENDAR ORDER 2ND READING-SHORT DEBATE MAY-08-2002 H SECOND READING-SHORT DEBATE MAY-08-2002 H PLCD CAL ORDER 3RD READING-SHORT DEBATE MAY-14-2002 H ADDED AS A JOINT SPONSOR HAMOS MAY-14-2002 H THIRD READING/SHORT DEBATE/PASSED 116-000-000 MAY-14-2002 S PASSED BOTH HOUSES JUN-12-2002 S SENT TO THE GOVERNOR AUG-02-2002 S GOVERNOR APPROVED AUG-02-2002 S EFFECTIVE DATE 02-08-02 AUG-02-2002 S PUBLIC ACT.............................. 92-0757 END OF INQUIRY Full Text Bill Summary