| 1 | 1 | | HB3989 |
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| 2 | 2 | | A BILL FOR |
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| 3 | 3 | | |
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| 4 | 4 | | 103RD GENERAL ASSEMBLY |
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| 5 | 5 | | |
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| 6 | 6 | | State of Illinois |
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| 7 | 7 | | |
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| 8 | 8 | | 2023 and 2024 |
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| 9 | 9 | | HB3989 |
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| 10 | 10 | | |
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| 11 | 11 | | Introduced , by Rep. Jehan Gordon -Booth |
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| 12 | 12 | | |
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| 13 | 13 | | SYNOPSIS AS INTRODUCED: |
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| 14 | 14 | | |
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| 15 | 15 | | Appropriates specified amounts to the Illinois Power |
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| 16 | 16 | | Agency for the purpose of ordinary and contingent expenses, |
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| 17 | 17 | | funding of current and prior fiscal year purchases of renewable |
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| 18 | 18 | | energy resources and related expenses, and deposit into the |
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| 19 | 19 | | Illinois Power Agency Operations Fund. Effective July 1, 2023. |
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| 20 | 20 | | |
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| 21 | 21 | | |
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| 22 | 22 | | LRB103 31097 LNS 57754 b |
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| 23 | 23 | | |
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| 24 | 24 | | |
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| 25 | 25 | | |
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| 26 | 26 | | |
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| 27 | 27 | | HB3989 LRB103 31097 LNS 57754 b |
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| 28 | 28 | | |
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| 29 | 29 | | AN ACT concerning appropriations. 1 |
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| 30 | 30 | | |
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| 31 | 31 | | Be it enacted by the People of the State of Illinois, represented 2 |
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| 32 | 32 | | in the General Assembly: 3 |
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| 33 | 33 | | |
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| 34 | 34 | | Section 5. The amount of $36,000,000, or so much of that 4 |
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| 35 | 35 | | sum as may be necessary, is appropriated to the Illinois Power 5 |
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| 36 | 36 | | Agency from the Illinois Power Agency O perations Fund for its 6 |
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| 37 | 37 | | current and prior year ordinary and contingent expenses, as 7 |
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| 38 | 38 | | well as for refunds. 8 |
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| 39 | 39 | | |
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| 40 | 40 | | Section 10. The sum of $4,000,000, or so much of that sum 9 |
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| 41 | 41 | | as may be necessary, is appropriated to the Illinois Power 10 |
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| 42 | 42 | | Agency from the Illinois Power A gency Operations Fund for its 11 |
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| 43 | 43 | | ordinary and contingent expenses pursuant to the Energy 12 |
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| 44 | 44 | | Transition Act. 13 |
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| 45 | 45 | | |
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| 46 | 46 | | Section 15. The amount of $56,000,000, or so much of that 14 |
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| 47 | 47 | | sum as may be necessary, is appropriated to the Illinois Power 15 |
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| 48 | 48 | | Agency from the Illinois Power Agency Renewable Energy 16 |
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| 49 | 49 | | Resources Fund for the funding of current and prior fiscal year 17 |
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| 50 | 50 | | purchases of renewable energy resources and related expenses, 18 |
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| 51 | 51 | | including the refund of bidder deposit fees, refund of 19 |
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| 52 | 52 | | overpayments of alternative compliance payments, a nd expenses 20 |
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| 53 | 53 | | related to the development and administration of the Illinois 21 HB3989 -2- LRB103 31097 LNS 57754 b |
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| 54 | 54 | | |
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| 55 | 55 | | Solar for All Program, pursuant to subsections (b), (c), and 1 |
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| 56 | 56 | | (i) of Section 1-56 of the Illinois Power Agency Act. 2 |
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| 57 | 57 | | |
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| 58 | 58 | | Section 20. The amount of $11,000,000, or so much of that 3 |
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| 59 | 59 | | sum as may be necessary, is appropriated to the Illinois Power 4 |
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| 60 | 60 | | Agency from the Illinois Power Agency Trust Fund for deposit 5 |
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| 61 | 61 | | into the Illinois Power Agency Operations Fund pursuant to 6 |
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| 62 | 62 | | subsection (c) of Section 6z -75 of the State Finance Act. 7 |
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| 63 | 63 | | |
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| 64 | 64 | | Section 99. Effective date. This Act takes effect July 1, 8 |
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| 65 | 65 | | 2023. 9 |
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