(20 ILCS 3501/825-70) Sec. 825-70. Criteria for participation in the program. Applications to
the
Authority for financing of any Clean Coal, Coal, Energy Efficiency Project, or Renewable Energy Project shall be reviewed
by the Authority. Upon submission of any such application, the Authority staff
shall review the application for its completeness and may, at the discretion of
the Authority staff, request such additional information as it deems necessary
or advisable to aid in review. If the Authority receives applications for
financing for Clean Coal, Coal, Energy Efficiency Project, or Renewable Energy Projects in excess of the bond
authorization
available for such financing at any one time, it shall consider applications in
the order of priority as it shall determine, in consultation with other State
agencies, and consistent with State policy to promote environmentally preferable technology and energy independence. (Source: P.A. 96-103, eff. 1-1-10; 96-817, eff. 1-1-10.) |