104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
SB2620

 

Introduced 2/26/2025, by Sen. Elgie R. Sims, Jr.

 

SYNOPSIS AS INTRODUCED:
 


    Makes appropriations for the ordinary and contingent expenses of the Illinois Power Agency for the fiscal year beginning July 1, 2025.


SDS104 00025 JMS 10025 b

 

SB2620SDS104 00025 JMS 10025 b

1    AN ACT concerning appropriations.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4
ARTICLE 1

5    Section 5. The amount of $50,999,828, or so much thereof
6as may be necessary, is appropriated to the Illinois Power
7Agency from the Illinois Power Agency Operations Fund for its
8current and prior year ordinary and contingent expenses, as
9well as for refunds.
 
10    Section 10. The amount of $56,000,000 or so much thereof
11as may be necessary, is appropriated to the Illinois Power
12Agency from the Illinois Power Agency Renewable Energy
13Resources Fund for funding of current and prior fiscal year
14purchases of renewable energy resources and related expenses,
15including the refund of bidder deposit fees, refund of
16overpayments of alternative compliance payments, and expenses
17related to the development and administration of the Illinois
18Solar for All Program, pursuant to subsections (b), (c), and
19(i) of Section 1-56 of the Illinois Power Agency Act.
 
20    Section 15. The amount of $12,000,000, or so much thereof
21as may be necessary, is appropriated to the Illinois Power

 

 

SB2620- 2 -SDS104 00025 JMS 10025 b

1Agency from the Illinois Power Agency Trust Fund for deposit
2into the Illinois Power Agency Operations Fund pursuant to
3subsection (c) of Section 6z-75 of the State Finance Act.
 
4
ARTICLE 2
5    Section 99. Effective date. This Act takes effect July 1,
62025.