Illinois 2023-2024 Regular Session

Illinois Senate Bill SB2532 Compare Versions

Only one version of the bill is available at this time.
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11 SB2532
22 A BILL FOR
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44 103RD GENERAL ASSEMBLY
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66 State of Illinois
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88 2023 and 2024
99 SB2532
1010
1111 Introduced 2/28/2023, by Sen. Elgie R. Sims, Jr.
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1313 SYNOPSIS AS INTRODUCED:
1414
1515 Makes appropriations for the ordinary and contingent
1616 expenses of the Illinois Power Agency for the fiscal year
1717 beginning July 1, 202 3, as follows:
1818 Other State Funds $107,000,000
1919
2020
2121 SDS103 00040 AIH 45040 b
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2424
2525
2626 SB2532 SDS103 00040 AIH 45040 b
2727
2828 AN ACT concerning appropriations. 1
2929
3030 Be it enacted by the People of the State of Illinois, represented 2
3131 in the General Assembly: 3
3232
3333 ARTICLE 1 4
3434
3535 Section 5. The amount of $ 36,000,000, or so much thereof 5
3636 as may be necessary, is appropriated to the Illinois Power 6
3737 Agency from the Illinois Power Agency Operations Fund for it s 7
3838 current and prior year ordinary and contingent expenses , as 8
3939 well as for refunds. 9
4040
4141 Section 10. The amount of $ 4,000,000, or so much thereof 10
4242 as may be necessary, is appropriated to the Illinois Power 11
4343 Agency from the Illinois Power Agency Operations Fund for its 12
4444 ordinary and contingent expenses pursuant to the Energy 13
4545 Transition Act. 14
4646
4747 Section 15. The amount of $56,000,000, or so much thereof 15
4848 as may be necessary, is appropriat ed to the Illinois Power 16
4949 Agency from the Illinois Power Agency Renewable Energy 17
5050 Resources Fund for funding of current and prior fiscal year 18
5151 purchases of renewable energy resources and related expenses, 19
5252 including the refund of bidder deposit fees, refund of 20 SB2532 -2- SDS103 00040 AIH 45040 b
5353
5454 overpayments of alternative compliance payments, and expenses 1
5555 related to the development and administration of the Illinois 2
5656 Solar for All Program, pursuant to subsections (b), (c), and 3
5757 (i) of Section 1-56 of the Illinois Power Agency Act. 4
5858
5959 Section 20. The amount of $11,000,000, or so much thereof 5
6060 as may be necessary, is appropriated to the Illinois Power 6
6161 Agency from the Illinois Power Agency Trust Fund for deposit 7
6262 into the Illinois Power Agency Operations Fund pursuant to 8
6363 subsection (c) of Section 6z -75 of the State Finance Act. 9
6464
6565 Section 99. Effective Date. This Act takes effect July 1, 10
6666 2023.11