SB 3018

Illinois Senate bill in Session 104.

Status: passed_upper. Latest action: June 2, 2026.

IFA-FIRE TRUCK LOANS.

Bill ID IL-104-SB-3018
Session 104
Status passed_upper
Committee Rules Committee
Senate passed_upper 2026-06-02
Summary

Amends the Illinois Finance Authority Act. Makes changes concerning the fire truck revolving loan program, the fire station revolving loan program, and the ambulance revolving loan program. Provides that those loans shall be paid out of certain locally held funds established by the Illinois Finance Authority. Provides that loans for the purchase of fire trucks may not exceed $750,000 per truck. Provides that loans for the purchase of ambulances may not exceed $350,000 to any fire department, fire protection district, or non-profit ambulance service. Makes other changes.

Sponsor
Patrick J. Joyce
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-29 Introduced Bill introduced
2026-06-02 Status passed_upper
2026-06-02 Latest Action 6/02/2026 - House:
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