Bill Status of SB2689

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SB2689 - 104th General Assembly

FINANCE AUTH-ENERGY STORAGE
Last Action
10/14/2025 - Senate: Referred to Assignments
Senate Sponsors
Sen. Willie Preston
Statutes Amended In Order of Appearance
20 ILCS 3501/825-65
20 ILCS 3501/825-70
20 ILCS 3501/825-75
Synopsis As Introduced
Amends the Illinois Finance Authority Act. In provisions regarding clean coal, coal, energy efficiency, PACE, and renewable energy project financing, adds provisions regarding energy storage project financing. Makes changes in provisions concerning project bond authorizations and financing limits. Makes conforming changes to related provisions regarding findings, definitions, creation of reserve funds, powers and duties of the Illinois Finance Authority, criteria for program participation, securitization of bonds issued by the Authority, and other related provisions.
Actions
Date Chamber Action
10/14/2025 Senate Filed with Secretary by Sen. Willie Preston
10/14/2025 Senate First Reading
10/14/2025 Senate Referred to Assignments