Date	Chamber	Action
1/12/2011	Senate	Session Sine Die

Statutes Amended In Order of Appearance

20 ILCS 3501/820-10

20 ILCS 3501/820-20

20 ILCS 3501/820-25

20 ILCS 3501/820-37 new

35 ILCS 200/27-5

35 ILCS 200/27-97 new

55 ILCS 5/5-1005

from Ch. 34, par. 5-1005

65 ILCS 5/Art. 11 Div. 15.4 heading new

65 ILCS 5/11-15.4-1 new

Synopsis As Introduced
Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority has the power to purchase special service area bonds and to accept assignments or pledges, or both, of special service area bonds or agreements relating to public and private green energy special service area projects, which authority shall be liberally construed. Allows any unit of local government with the authority in connection with green energy special service area projects to provide special service area financing under specified provisions, including bonds. Specifies that bonds issued pursuant to the financing be secured by special service area agreements. Amends the Special Service Area Tax Law in the Property Tax Code. Provides that the corporate authorities of a county or a municipality may establish a green energy special service area and specifies the criteria for the creation of the areas. Amends the Counties Code and the Municipal Code to specify that each county or municipality shall have the power and authority to engage in specified activities that relate to green energy special service areas. Effective immediately.

Actions 

Date	Chamber	Action
10/15/2009	Senate	Filed with Secretary by Sen. Michael W. Frerichs
10/15/2009	Senate	First Reading
10/15/2009	Senate	Referred to Assignments
12/18/2009	Senate	Added as Chief Co-Sponsor Sen. William Delgado
2/24/2010	Senate	Assigned to Local Government
3/8/2010	Senate	Rule 3-9(a) / Re-referred to Assignments
3/16/2010	Senate	Added as Co-Sponsor Sen. A. J. Wilhelmi
1/12/2011	Senate	Session Sine Die

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