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SB 2689

Illinois Senate bill in Session 104.

Status: in_committee. Latest action: October 14, 2025.

FINANCE AUTH-ENERGY STORAGE.

Bill ID IL-104-SB-2689
Session 104
Status in_committee
Committee Assignments
Senate in_committee 2025-10-14
Summary

Amends the Illinois Finance Authority Act. In provisions regarding clean coal, coal, energy efficiency, PACE, and renewable energy project financing, adds provisions regarding energy storage project financing. Makes changes in provisions concerning project bond authorizations and financing limits. Makes conforming changes to related provisions regarding findings, definitions, creation of reserve funds, powers and duties of the Illinois Finance Authority, criteria for program participation, securitization of bonds issued by the Authority, and other related provisions.

Sponsor
Willie Preston
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-10-14 Introduced Bill introduced
2025-10-14 Status in_committee
2025-10-14 Latest Action 10/14/2025 - Senate:
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