HB1700 - 104th General Assembly (2025-2026)

FUNDS-COMMUNITY REINVESTMENT
Last Action
5/31/2026 - House: Passed Both Houses
Statutes Amended In Order of Appearance
15 ILCS 520/16.1  from Ch. 130, par. 35.1
15 ILCS 520/16.3  
30 ILCS 235/8  
Synopsis As Introduced
Amends the Deposit of State Moneys Act and the Public Funds Investment Act. Provides that the State Treasurer or any public agency may consider the current and historical ratings that a financial institution has received under the Illinois Community Reinvestment Act when deciding whether to deposit State or public funds in that financial institution. Provides that, effective January 1, 2026, no State or public funds may be deposited in a financial institution subject to the Illinois Community Reinvestment Act unless either (i) the institution has a current rating of satisfactory or outstanding under the Illinois Community Reinvestment Act or (ii) the Department of Financial and Professional Regulation has not yet completed its initial examination of the institution pursuant to the Illinois Community Reinvestment Act. Makes conforming changes. Effective January 1, 2026.

House Committee Amendment No. 1
Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes. Provides that State and public funds that have been deposited may not be withdrawn from a financial institution prior to the date of maturity solely on the basis of a less than satisfactory rating under the Illinois Community Reinvestment Act. Makes other changes. Effective January 1, 2026.

Senate Committee Amendment No. 1
Deletes reference to:
15 ILCS 520/16.1  
15 ILCS 520/16.3   
30 ILCS 235/8  
Adds reference to:
15 ILCS 520/0.01  from Ch. 130, par. 19m
Replaces everything after the enacting clause. Amends the Deposit of State Moneys Act. Makes a technical change in a Section concerning the short title.

Senate Floor Amendment No. 3
Deletes reference to:
20 ILCS 3125/20  
20 ILCS 3125/55  
Adds reference to:
20 ILCS 3855/1-56  
220 ILCS 5/8-104  
Replaces everything after the enacting clause. Reinserts the provisions of the engrossed bill, as amended by Senate Amendment No. 2, with the following changes. Removes provisions amending the Energy Efficient Building Act. Further amends the Illinois Power Agency Act. Provides that, in addition to the listed funding methods, costs associated with the Illinois Solar for All Program and its components may be paid for using, through the program year concluding May 31, 2028, collections associated with the purchase of renewable energy resources collected pursuant to specified provisions of the Public Utilities Act up to an amount that shall not exceed $10,000,000 for the program year commencing June 1, 2026 and that shall not exceed $5,000,000 for the program year commencing June 1, 2027. In provisions concerning prevailing wage requirements for specified new geothermal heating and cooling systems, changes the amount of aggregate geothermal system tonnage from 29 to 14. Further amends the Public Utilities Act in provisions concerning natural gas energy efficiency programs. In provisions concerning distributed generation and storage rebates, provides that, except for distributed storage projects that have obtained a signed interconnection agreement on or before June 1, 2026, the compensation provided for distributed storage under certain provisions shall be limited to payment for no more than 25,000 (rather than 30,000) kilowatt-hours of nameplate energy capacity and no more than 5 (rather than 6) kilowatt-hours of nameplate energy capacity for every one kilowatt of participating power capacity, or an alternative nameplate energy capacity to participating power capacity ratio determined by the Illinois Commerce Commission. Requires the compensation provided for distributed storage under certain provisions for distributed storage projects with more than 25,000 (rather than 30,000) kilowatt-hours of nameplate energy capacity that demonstrate that the project's interconnection application was submitted and application fees were paid (rather than was deemed complete by the applicable utility) before June 1, 2026 to be limited to payment for no more than 150,000 (rather than 100,000) kilowatt-hours of nameplate energy capacity and no more than 5 (rather than 6) kilowatt-hours of nameplate energy capacity for every one kilowatt of participating power capacity for any single meter, but for no more than 2 meters per entity. In provisions concerning the resolution of disputes between facility owners and units of local government related to the siting of qualified energy facilities, provides that, in resolving disputes, the Commission shall have authority to issue a siting certificate for a qualified energy facility if the Commission determines that the qualified energy facility is in compliance with the applicable State siting law for a qualified energy facility and that the respondent (i) has denied the qualified energy facility a siting certificate, (ii) has failed or declined to issue the qualified energy facility a siting certificate in accordance with the specified timeline in the applicable State siting law (rather than in a timely manner), or (iii) has failed to adopt a siting or zoning ordinance in compliance with the applicable State siting law as of the date the petition was filed, as long as the petitioner provided written notice of the respondent's noncompliance to the respondent at least 10 business days before the date the petition was filed. Makes other changes. Effective June 1, 2026.

Senate Floor Amendment No. 4
In provisions concerning the resolution of disputes between facility owners and units of local government related to the siting of qualified energy facilities, provides that, in resolving disputes under the provisions, the Illinois Commerce Commission shall have authority to issue a siting certificate for a qualified energy facility if the Commission determines that the qualified energy facility is in compliance with the applicable State siting law for a qualified energy facility and that the respondent has failed to adopt a siting or zoning ordinance in compliance with the applicable State siting law as of the date the petition was filed, as long as the petitioner provided written notice of the respondent's noncompliance to the respondent at least 60 (rather than 10) business days before the date the petition was filed.
Actions
DateChamberAction
1/24/2025HouseFiled with the Clerk by Rep. Kimberly Du Buclet
1/28/2025HouseFirst Reading
1/28/2025HouseReferred to Rules Committee
2/18/2025HouseAssigned to Financial Institutions and Licensing Committee
2/24/2025HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Kimberly Du Buclet
2/24/2025HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2/25/2025HouseHouse Committee Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee
2/27/2025HouseAdded Co-Sponsor Rep. Debbie Meyers-Martin
2/27/2025HouseAdded Co-Sponsor Rep. Suzanne M. Ness
2/27/2025HouseAdded Chief Co-Sponsor Rep. Sonya M. Harper
2/27/2025HouseAdded Chief Co-Sponsor Rep. Camille Y. Lilly
2/27/2025HouseAdded Co-Sponsor Rep. William "Will" Davis
2/27/2025HouseAdded Co-Sponsor Rep. Justin Slaughter
3/04/2025HouseAdded Co-Sponsor Rep. Michael Crawford
3/04/2025HouseHouse Committee Amendment No. 1 Adopted in Financial Institutions and Licensing Committee; by Voice Vote
3/04/2025HouseDo Pass as Amended / Short Debate Financial Institutions and Licensing Committee; 009-002-000
3/05/2025HousePlaced on Calendar 2nd Reading - Short Debate
3/06/2025HouseAdded Co-Sponsor Rep. Lisa Davis
3/18/2025HouseSecond Reading - Short Debate
3/18/2025HousePlaced on Calendar Order of 3rd Reading - Short Debate
3/18/2025HouseAdded Co-Sponsor Rep. Emanuel "Chris" Welch
4/09/2025HouseThird Reading - Short Debate - Passed 084-030-001
4/09/2025HouseAdded Chief Co-Sponsor Rep. Jehan Gordon-Booth
4/09/2025HouseAdded Co-Sponsor Rep. Yolonda Morris
4/09/2025SenateArrive in Senate
4/09/2025SenatePlaced on Calendar Order of First Reading April 10, 2025
4/09/2025HouseAdded Co-Sponsor Rep. Hoan Huynh
4/23/2025SenateChief Senate Sponsor Sen. Mattie Hunter
4/23/2025SenateFirst Reading
4/23/2025SenateReferred to Assignments
5/08/2025SenateAssigned to Executive
5/09/2025SenateRule 2-10 Committee Deadline Established As May 23, 2025
5/13/2025SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon
5/13/2025SenateSenate Committee Amendment No. 1 Referred to Assignments
5/13/2025SenateAlternate Chief Sponsor Changed to Sen. Don Harmon
5/14/2025SenateSenate Committee Amendment No. 1 Assignments Refers to Executive
5/14/2025SenateSenate Committee Amendment No. 1 Adopted
5/15/2025SenateDo Pass as Amended Executive; 009-004-000
5/15/2025SenatePlaced on Calendar Order of 2nd Reading
5/15/2025SenateSecond Reading
5/15/2025SenatePlaced on Calendar Order of 3rd Reading May 20, 2025
5/23/2025SenateRule 2-10 Third Reading/Passage Deadline Established As June 1, 2025
6/02/2025SenateRule 3-9(a) / Re-referred to Assignments
10/14/2025SenateApproved for Consideration Assignments
10/14/2025SenatePlaced on Calendar Order of 3rd Reading October 15, 2025
12/01/2025SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
5/20/2026SenateApproved for Consideration Assignments
5/20/2026SenatePlaced on Calendar Order of 3rd Reading May 21, 2026
5/22/2026SenateRule 2-10 Third Reading Deadline Established As May 31, 2026
5/28/2026SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Steve Stadelman
5/28/2026SenateSenate Floor Amendment No. 2 Referred to Assignments
5/29/2026HouseChief Sponsor Changed to Rep. Ann M. Williams
5/29/2026SenateSenate Floor Amendment No. 3 Filed with Secretary by Sen. Steve Stadelman
5/29/2026SenateSenate Floor Amendment No. 3 Referred to Assignments
5/29/2026SenateSenate Floor Amendment No. 4 Filed with Secretary by Sen. Steve Stadelman
5/29/2026SenateSenate Floor Amendment No. 4 Referred to Assignments
5/30/2026SenateSenate Floor Amendment No. 3 Be Approved for Consideration Assignments
5/30/2026SenateSenate Floor Amendment No. 4 Be Approved for Consideration Assignments
5/30/2026SenateAlternate Chief Sponsor Changed to Sen. Steve Stadelman
5/30/2026SenateRecalled to Second Reading
5/30/2026SenateSenate Floor Amendment No. 3 Adopted; Stadelman
5/30/2026SenateSenate Floor Amendment No. 4 Adopted; Stadelman
5/30/2026SenatePlaced on Calendar Order of 3rd Reading
5/30/2026SenateThird Reading - Passed; 036-020-000
5/30/2026SenateSenate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a)
5/30/2026SenateAdded as Alternate Co-Sponsor Sen. Mattie Hunter
5/30/2026HouseArrived in House
5/30/2026HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1, 3, 4
5/30/2026HouseSenate Committee Amendment No. 1 Motion Filed Concur Rep. Ann M. Williams
5/30/2026HouseSenate Floor Amendment No. 3 Motion Filed Concur Rep. Ann M. Williams
5/30/2026HouseSenate Floor Amendment No. 4 Motion Filed Concur Rep. Ann M. Williams
5/30/2026HouseSenate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
5/30/2026HouseSenate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee
5/30/2026HouseSenate Floor Amendment No. 4 Motion to Concur Referred to Rules Committee
5/30/2026HouseSenate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Rules Committee; 005-000-000
5/30/2026HouseSenate Floor Amendment No. 3 Motion to Concur Recommends Be Adopted Rules Committee; 005-000-000
5/30/2026HouseSenate Floor Amendment No. 4 Motion to Concur Recommends Be Adopted Rules Committee; 005-000-000
5/31/2026HouseSenate Committee Amendment No. 1 House Concurs 075-039-000
5/31/2026HouseSenate Floor Amendment No. 3 House Concurs 075-039-000
5/31/2026HouseSenate Floor Amendment No. 4 House Concurs 075-039-000
5/31/2026HouseHouse Concurs
5/31/2026HousePassed Both Houses