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<xml>
<title>Illinois General Assembly - Bill Status for SB 3114         </title>
<shortdesc>IPA-CARBON INFASTRUCTURE FUND</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Dale Fowler-Sue Rezin</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>20 ILCS 3855/1-129 new</reference><aliasreference></aliasreference><reference>30 ILCS 105/5.970 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Power Agency Act. Provides that the Carbon Capture Infrastructure Fund is created as a special fund in the State treasury and shall be administered by the Illinois Power Agency. Provides that $10,000,000 shall be transferred from the Illinois Power Agency Renewable Energy Resources Fund to the Carbon Capture Infrastructure Fund. Provides that the Agency shall award grants from the fund to carbon producing power plants for the construction of new carbon capture storage systems. Amends the State Finance Act to create the Carbon Capture Infrastructure Fund.</SynopsisText></synopsis>
<actions>
<statusdate>1/11/2022</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Dale Fowler</action>
<statusdate>1/11/2022</statusdate><chamber>Senate</chamber><action>Chief Co-Sponsor Sen. Sue Rezin</action>
<statusdate>1/11/2022</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/11/2022</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

