State of Illinois
Introduced 2/23/2023, by Rep. Jehan Gordon-Booth
SYNOPSIS AS INTRODUCED:
Appropriates specified amounts to the Illinois Power Agency for the purpose of ordinary and contingent expenses, funding of current and prior fiscal year purchases of renewable energy resources and related expenses, and deposit into the Illinois Power Agency Operations Fund. Effective July 1, 2023.
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AN ACT concerning appropriations.
Be it enacted by the People of the State of Illinois, represented in the General Assembly:
Section 5. The amount of $36,000,000, or so much of that sum as may be necessary, is appropriated to the Illinois Power Agency from the Illinois Power Agency Operations Fund for its current and prior year ordinary and contingent expenses, as well as for refunds.
Section 10. The sum of $4,000,000, or so much of that sum as may be necessary, is appropriated to the Illinois Power Agency from the Illinois Power Agency Operations Fund for its ordinary and contingent expenses pursuant to the Energy Transition Act.
Section 15. The amount of $56,000,000, or so much of that sum as may be necessary, is appropriated to the Illinois Power Agency from the Illinois Power Agency Renewable Energy Resources Fund for the funding of current and prior fiscal year purchases of renewable energy resources and related expenses, including the refund of bidder deposit fees, refund of overpayments of alternative compliance payments, and expenses related to the development and administration of the Illinois Solar for All Program, pursuant to subsections (b), (c), and (i) of Section 1-56 of the Illinois Power Agency Act.
Section 20. The amount of $11,000,000, or so much of that sum as may be necessary, is appropriated to the Illinois Power Agency from the Illinois Power Agency Trust Fund for deposit into the Illinois Power Agency Operations Fund pursuant to subsection (c) of Section 6z-75 of the State Finance Act.
Section 99. Effective date. This Act takes effect July 1, 2023.