Replaces everything after the enacting clause. Creates the School District Intergovernmental Cooperation Renewable Energy Act. Sets forth the findings of the General Assembly. Provides that the provisions of the Act are intended to be supplemental and, in addition to all other powers or authorities granted to any school district, shall be construed liberally and shall not be construed as a limitation of any power or authority otherwise granted. Provides that all actions to be taken by a school district or an agency pursuant to the Act shall be fully effective if taken by resolution. Provides that an agency organized under the Act shall be a unit of local government of the State of Illinois and a body politic and corporate. Provides that any 2 or more school districts, whether contiguous or noncontiguous, may form a an agency by the execution of an intergovernmental agreement authorized by resolution adopted by the governing body of each school district. Specifies the requirements of the intergovernmental agreement. Specifies the composition of the board, including the selection of officers and method of adoption of its bylaws. Requires that within 3 months after the organizational meeting, the board shall cause a certified copy of the intergovernmental agreement to be filed with the Secretary of State of Illinois. Requires each agency to maintain an office in the State as its principal office. Provides that each member to the intergovernmental agreement shall have full power and authority to appropriate money from its operation and maintenance fund for the payment of the expenses of the agency and of its representative in exercising its functions as a member of the agency, which expenses may include payment of principal of and interest on bonds of the agency for a period not greater than 40 years after the dated date of any bonds. Specifies the general powers and duties of an agency. Provides that an agency may issue bonds pursuant to applicable law and specified provisions. Specifies the conditions under which an agency may levy charges against specified parties. Specifies the conditions under which a school district may enter into contracts. Contains a severability clause. Effective immediately.
Senate Committee Amendment No. 2 In the definition of "eligible project", in a reference to electrical energy derived from renewable energy resources, clarifies that the renewable energy resources are renewable energy resources as defined in specified provisions of the Illinois Power Agency Act.
Senate Floor Amendment No. 3 In provisions concerning filing of the intergovernmental agreement, provides that the Secretary of State shall accept such filing and issue an acknowledgement of filing (rather than a certificate of approval). Provides that the production, interconnection, transmission, distribution, and sale at wholesale or retail of electric energy generated by the eligible project must be in accordance with all laws, regulations, and rules applicable to generators of electricity, alternative retail electric suppliers, municipal utilities, or electric cooperatives, as applicable, but further provided that this provision does not affect any exemption otherwise available under the Public Utilities Act. Provides that such agency shall not sell electricity to end-use customers otherwise than in accordance with the provisions of the Public Utilities Act, but further provided that the provision does not affect any exemption otherwise available to the agency under the Public Utilities Act. Makes other changes.