Bill Status of SB3418 100th General Assembly
Short Description: IPA MARKET-BASED BENCHMARK
Sen. Mike Jacobs and Linda Holmes
| 1/13/2015||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Power Agency Act. In a provision concerning the price paid to procure renewable energy credits using monies from the Illinois Power Agency Renewable Energy Resources Fund, directs the Agency to implement a market-based benchmark subject to approval by the Illinois Commerce Commission. Provides that the Agency shall recover all planning and procurement costs. Provides that the Agency may procure renewable energy resources independently as well as in conjunction with a procurement event for certain electric utilities. Effective immediately.
|Date||Chamber|| Action|| 2/14/2014||Senate||Filed with Secretary by Sen. Mike Jacobs|| 2/14/2014||Senate||First Reading|| 2/14/2014||Senate||Referred to Assignments|| 2/27/2014||Senate||Added as Co-Sponsor Sen. Linda Holmes|| 1/13/2015||Senate||Session Sine Die|