|
|
|
|
95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB5114
Introduced , by Rep. Mike Boland SYNOPSIS AS INTRODUCED:
|
|
|
|
Creates the Cool and Green Roofs Linked Deposit Program Act. Creates the Cool and Green Roof Linked Deposit Program within the Office of the Treasurer in which the Treasurer agrees to deposit moneys with a financial institution at less than current market rates if the institution agrees to provide financial incentives to a specified class of customers in order to further social policies. Effective immediately.
|
| |
|
|
| FISCAL NOTE ACT MAY APPLY | |
|
|
|
A BILL FOR
|
|
|
|
|
HB5114 |
|
LRB095 18416 BDD 44502 b |
|
|
| 1 |
| AN ACT concerning environmental safety.
|
| 2 |
| Be it enacted by the People of the State of Illinois,
|
| 3 |
| represented in the General Assembly:
|
| 4 |
| Section 1. Short title. This Act may be cited as the Cool |
| 5 |
| and Green Roofs Linked Deposit Program Act.
|
| 6 |
| Section 5. Findings and intent.
The General Assembly finds |
| 7 |
| that improvement of our urban environments to reduce air |
| 8 |
| pollutants and the urban heat island effect will benefit the |
| 9 |
| State's residents and that developing a program to assist |
| 10 |
| property owners and developers to address these issues by |
| 11 |
| adapting, building, or retrofitting green and cool roofs will |
| 12 |
| improve our communities. The General Assembly also finds that |
| 13 |
| green and cool roofs may reduce cooling costs, increase the |
| 14 |
| life of the roof, and improve the quality of life for building |
| 15 |
| occupants.
|
| 16 |
| Section 10. Definitions. |
| 17 |
| "Cool roof" means a roof that uses specialized materials, |
| 18 |
| including without limitation soybean-based paint, to reflect |
| 19 |
| and radiate a high percentage of solar heat off of the roof |
| 20 |
| surface and reduces the building's heat gain. |
| 21 |
| "Green roof" means a roof or partially covered roof |
| 22 |
| consisting of plants, soil, or another lightweight growing |