101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB3398

 

Introduced , by Rep. Katie Stuart

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 500/25-45
110 ILCS 62/20

    Amends the Illinois Procurement Code. Provides that construction agencies (currently, State purchasing officers) may enter into energy conservation program contracts or energy savings contracts or leases that provide for utility cost savings. Provides that energy conservation program contracts or energy savings contracts and leases may be entered into for a period of time deemed to be in the best interest of the State but not exceeding 30 years (currently, 15 years) inclusive of proposed contract or lease renewals. Provides that renewable energy resources contracts and leases may be entered into for a period of time deemed to be in the best interest of the State but not exceeding 30 years inclusive of proposed contract or lease renewals. Amends the Public University Energy Conservation Act. Provides that guaranteed energy savings contracts under the Act shall include a written guarantee of the qualified provider that either the energy or operational cost savings, or both, will meet or exceed within 30 (currently, 20) years the costs of the energy conservation measures. Provides that the guaranteed energy savings contract may provide for payments over a period of time, not to exceed 30 (currently, 20) years from the date of final installation of the measures. Makes conforming changes. Defines "renewable energy resources". Effective immediately.


LRB101 07984 RJF 53040 b

 

 

A BILL FOR

 

HB3398LRB101 07984 RJF 53040 b

1    AN ACT concerning finance.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Procurement Code is amended by
5changing Section 25-45 as follows:
 
6    (30 ILCS 500/25-45)
7    Sec. 25-45. Energy conservation program contracts; energy
8savings and renewable energy resources contracts or leases.
9    (a) For the purposes of this Section: , an
10    "Energy energy savings contract or lease" means a contract
11or lease for an improvement, repair, alteration, betterment,
12equipment, fixture, or furnishing that is designed to reduce
13energy consumption or operating costs, and that includes an
14agreement that payments, except obligations on termination of
15the contract or lease before its expiration, shall be made over
16time and that savings are guaranteed to the extent practicable
17to pay for the cost of the improvement, repair, alteration,
18betterment, equipment, fixture, or furnishing.
19    "Renewable energy resources" has the meaning ascribed to
20that term in Section 1-10 of the Illinois Power Agency Act.
21    (b) Construction agencies State purchasing officers may
22enter into energy conservation program contracts or energy
23savings contracts or leases that provide for utility cost

 

 

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1savings. Notwithstanding any other law to the contrary, energy
2savings contracts or leases may include an alternative
3financing or lease to purchase option.
4    (c) Energy conservation program contracts or energy
5savings contracts and leases may be entered into for a period
6of time deemed to be in the best interest of the State but not
7exceeding 30 15 years inclusive of proposed contract or lease
8renewals.
9    (c-5) Renewable energy resources contracts and leases may
10be entered into for a period of time deemed to be in the best
11interest of the State but not exceeding 30 years inclusive of
12proposed contract or lease renewals.
13    (d) The chief procurement officer shall promulgate and
14adopt rules for the implementation of this Section.
15(Source: P.A. 100-23, eff. 7-6-17.)
 
16    Section 10. The Public University Energy Conservation Act
17is amended by changing Section 20 as follows:
 
18    (110 ILCS 62/20)
19    Sec. 20. Guarantee. The guaranteed energy savings contract
20shall include a written guarantee of the qualified provider
21that either the energy or operational cost savings, or both,
22will meet or exceed within 30 20 years the costs of the energy
23conservation measures. The qualified provider shall reimburse
24the public university for any shortfall of guaranteed energy

 

 

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1savings projected in the contract. A qualified provider shall
2provide a sufficient bond to the public university for the
3installation and the faithful performance of all the measures
4included in the contract. The guaranteed energy savings
5contract may provide for payments over a period of time, not to
6exceed 30 20 years from the date of final installation of the
7measures.
8(Source: P.A. 94-1062, eff. 7-31-06.)
 
9    Section 99. Effective date. This Act takes effect upon
10becoming law.