SB3247 amends the Illinois Finance Authority Act to set bond authorization and financing limits for clean coal, coal, energy efficiency, PACE, and.
SB3247 amends the Illinois Finance Authority Act to establish bond authorization and financing limits for clean coal, coal, energy efficiency, PACE, and renewable energy projects. The bill sets specific limits on the aggregate principal amounts of bonds that can be issued for these projects, excluding bonds issued to refund existing bonds. It also prohibits members, officers, or employees of the Illinois Finance Authority from having a financial interest in contracts or agreements they may vote on, requiring them to abstain from voting if they have such an interest.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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