SB2689 amends the Illinois Finance Authority Act to include energy storage projects among those eligible for financing.
SB2689 amends the Illinois Finance Authority Act to include energy storage projects among those eligible for financing. The bill adds provisions regarding energy storage project financing and makes changes to project bond authorizations and financing limits. It authorizes the Illinois Finance Authority to issue bonds for clean coal, coal, energy efficiency, energy storage, PACE, and renewable energy projects. The bill sets specific financing limits for each type of project and outlines the criteria for reviewing applications.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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