Illinois 2025-2026 Regular Session

Illinois Senate Bill SB2315 Compare Versions

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11 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB2315 Introduced 2/7/2025, by Sen. Laura Ellman SYNOPSIS AS INTRODUCED: 30 ILCS 425/4 from Ch. 127, par. 2804 Amends the Build Illinois Bond Act. Authorizes bonds to be issued under the Act for the purpose of making of grants to units of local government, including counties and park districts, through the Illinois Green Infrastructure Grant Program to restore and protect shorelines in the State. LRB104 10464 BDA 20539 b A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB2315 Introduced 2/7/2025, by Sen. Laura Ellman SYNOPSIS AS INTRODUCED: 30 ILCS 425/4 from Ch. 127, par. 2804 30 ILCS 425/4 from Ch. 127, par. 2804 Amends the Build Illinois Bond Act. Authorizes bonds to be issued under the Act for the purpose of making of grants to units of local government, including counties and park districts, through the Illinois Green Infrastructure Grant Program to restore and protect shorelines in the State. LRB104 10464 BDA 20539 b LRB104 10464 BDA 20539 b A BILL FOR
22 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB2315 Introduced 2/7/2025, by Sen. Laura Ellman SYNOPSIS AS INTRODUCED:
33 30 ILCS 425/4 from Ch. 127, par. 2804 30 ILCS 425/4 from Ch. 127, par. 2804
44 30 ILCS 425/4 from Ch. 127, par. 2804
55 Amends the Build Illinois Bond Act. Authorizes bonds to be issued under the Act for the purpose of making of grants to units of local government, including counties and park districts, through the Illinois Green Infrastructure Grant Program to restore and protect shorelines in the State.
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1111 1 AN ACT concerning finance.
1212 2 Be it enacted by the People of the State of Illinois,
1313 3 represented in the General Assembly:
1414 4 Section 5. The Build Illinois Bond Act is amended by
1515 5 changing Section 4 as follows:
1616 6 (30 ILCS 425/4) (from Ch. 127, par. 2804)
1717 7 Sec. 4. Purposes of Bonds. Bonds shall be issued for the
1818 8 following purposes and in the approximate amounts as set forth
1919 9 below:
2020 10 (a) $4,741,094,533 for the expenses of issuance and sale
2121 11 of Bonds, including bond discounts, and for planning,
2222 12 engineering, acquisition, construction, reconstruction,
2323 13 development, improvement, demolition, and extension of the
2424 14 public infrastructure in the State of Illinois, including: the
2525 15 making of loans or grants to local governments for waste
2626 16 disposal systems, water and sewer line extensions and water
2727 17 distribution and purification facilities, rail or air or water
2828 18 port improvements, gas and electric utility extensions,
2929 19 publicly owned industrial and commercial sites, buildings used
3030 20 for public administration purposes and other public
3131 21 infrastructure capital improvements; the making of loans or
3232 22 grants to units of local government for financing and
3333 23 construction of wastewater facilities, including grants to
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3737 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB2315 Introduced 2/7/2025, by Sen. Laura Ellman SYNOPSIS AS INTRODUCED:
3838 30 ILCS 425/4 from Ch. 127, par. 2804 30 ILCS 425/4 from Ch. 127, par. 2804
3939 30 ILCS 425/4 from Ch. 127, par. 2804
4040 Amends the Build Illinois Bond Act. Authorizes bonds to be issued under the Act for the purpose of making of grants to units of local government, including counties and park districts, through the Illinois Green Infrastructure Grant Program to restore and protect shorelines in the State.
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6868 1 serve unincorporated areas; refinancing or retiring bonds
6969 2 issued between January 1, 1987 and January 1, 1990 by home rule
7070 3 municipalities, debt service on which is provided from a tax
7171 4 imposed by home rule municipalities prior to January 1, 1990
7272 5 on the sale of food and drugs pursuant to Section 8-11-1 of the
7373 6 Home Rule Municipal Retailers' Occupation Tax Act or Section
7474 7 8-11-5 of the Home Rule Municipal Service Occupation Tax Act;
7575 8 the making of deposits not to exceed $70,000,000 in the
7676 9 aggregate into the Water Pollution Control Revolving Fund to
7777 10 provide assistance in accordance with the provisions of Title
7878 11 IV-A of the Environmental Protection Act; the planning,
7979 12 engineering, acquisition, construction, reconstruction,
8080 13 alteration, expansion, extension and improvement of highways,
8181 14 bridges, structures separating highways and railroads, rest
8282 15 areas, interchanges, access roads to and from any State or
8383 16 local highway and other transportation improvement projects
8484 17 which are related to economic development activities; the
8585 18 making of loans or grants for planning, engineering,
8686 19 rehabilitation, improvement or construction of rail and
8787 20 transit facilities; the planning, engineering, acquisition,
8888 21 construction, reconstruction and improvement of watershed,
8989 22 drainage, flood control, recreation and related improvements
9090 23 and facilities, including expenses related to land and
9191 24 easement acquisition, relocation, control structures, channel
9292 25 work and clearing and appurtenant work; the planning,
9393 26 engineering, acquisition, construction, reconstruction and
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104104 1 improvement of State facilities and related infrastructure;
105105 2 the making of Park and Recreational Facilities Construction
106106 3 (PARC) grants; the making of grants to units of local
107107 4 government for community development capital projects; the
108108 5 making of grants for improvement and development of zoos and
109109 6 park district field houses and related structures; and the
110110 7 making of grants for improvement and development of Navy Pier
111111 8 and related structures.
112112 9 (b) $3,554,636,967 for fostering economic development and
113113 10 increased employment and fostering the well being of the
114114 11 citizens of Illinois through community development, including:
115115 12 the making of grants for improvement and development of
116116 13 McCormick Place and related structures; the planning and
117117 14 construction of a microelectronics research center, including
118118 15 the planning, engineering, construction, improvement,
119119 16 renovation and acquisition of buildings, equipment and related
120120 17 utility support systems; the making of loans to businesses and
121121 18 investments in small businesses; acquiring real properties for
122122 19 industrial or commercial site development; acquiring,
123123 20 rehabilitating and reconveying industrial and commercial
124124 21 properties for the purpose of expanding employment and
125125 22 encouraging private and other public sector investment in the
126126 23 economy of Illinois; the payment of expenses associated with
127127 24 siting the Superconducting Super Collider Particle Accelerator
128128 25 in Illinois and with its acquisition, construction,
129129 26 maintenance, operation, promotion and support; the making of
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140140 1 loans for the planning, engineering, acquisition,
141141 2 construction, improvement and conversion of facilities and
142142 3 equipment which will foster the use of Illinois coal; the
143143 4 payment of expenses associated with the promotion,
144144 5 establishment, acquisition and operation of small business
145145 6 incubator facilities and agribusiness research facilities,
146146 7 including the lease, purchase, renovation, planning,
147147 8 engineering, construction and maintenance of buildings,
148148 9 utility support systems and equipment designated for such
149149 10 purposes and the establishment and maintenance of centralized
150150 11 support services within such facilities; the making of grants
151151 12 for transportation electrification infrastructure projects
152152 13 that promote use of clean and renewable energy; the making of
153153 14 capital expenditures and grants for broadband development and
154154 15 for a statewide broadband deployment grant program; the making
155155 16 of grants to public entities and private persons and entities
156156 17 for community development capital projects; the making of
157157 18 grants to public entities and private persons and entities for
158158 19 capital projects in the context of grant programs focused on
159159 20 assisting economically depressed areas, expanding affordable
160160 21 housing, supporting the provision of human services,
161161 22 supporting emerging technology enterprises, fostering the
162162 23 advancement of quantum information science and technology, and
163163 24 supporting minority owned businesses; and the making of grants
164164 25 or loans to units of local government for Urban Development
165165 26 Action Grant and Housing Partnership programs.
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176176 1 (c) $2,785,076,600 for the development and improvement of
177177 2 educational, scientific, technical and vocational programs and
178178 3 facilities and the expansion of health and human services for
179179 4 all citizens of Illinois, including: the making of grants to
180180 5 school districts and not-for-profit organizations for early
181181 6 childhood construction projects pursuant to Section 5-300 of
182182 7 the School Construction Law; the making of grants to
183183 8 educational institutions for educational, scientific,
184184 9 technical and vocational program equipment and facilities; the
185185 10 making of grants to museums for equipment and facilities; the
186186 11 making of construction and improvement grants and loans to
187187 12 public libraries and library systems; the making of grants and
188188 13 loans for planning, engineering, acquisition and construction
189189 14 of a new State central library in Springfield; the planning,
190190 15 engineering, acquisition and construction of an animal and
191191 16 dairy sciences facility; the planning, engineering,
192192 17 acquisition and construction of a campus and all related
193193 18 buildings, facilities, equipment and materials for Richland
194194 19 Community College; the acquisition, rehabilitation and
195195 20 installation of equipment and materials for scientific and
196196 21 historical surveys; the making of grants or loans for
197197 22 distribution to eligible vocational education instructional
198198 23 programs for the upgrading of vocational education programs,
199199 24 school shops and laboratories, including the acquisition,
200200 25 rehabilitation and installation of technical equipment and
201201 26 materials; the making of grants or loans for distribution to
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212212 1 eligible local educational agencies for the upgrading of math
213213 2 and science instructional programs, including the acquisition
214214 3 of instructional equipment and materials; miscellaneous
215215 4 capital improvements for universities and community colleges
216216 5 including the planning, engineering, construction,
217217 6 reconstruction, remodeling, improvement, repair and
218218 7 installation of capital facilities and costs of planning,
219219 8 supplies, equipment, materials, services, and all other
220220 9 required expenses; the making of grants or loans for repair,
221221 10 renovation and miscellaneous capital improvements for
222222 11 privately operated colleges and universities and community
223223 12 colleges, including the planning, engineering, acquisition,
224224 13 construction, reconstruction, remodeling, improvement, repair
225225 14 and installation of capital facilities and costs of planning,
226226 15 supplies, equipment, materials, services, and all other
227227 16 required expenses; and the making of grants or loans for
228228 17 distribution to local governments for hospital and other
229229 18 health care facilities including the planning, engineering,
230230 19 acquisition, construction, reconstruction, remodeling,
231231 20 improvement, repair and installation of capital facilities and
232232 21 costs of planning, supplies, equipment, materials, services
233233 22 and all other required expenses.
234234 23 (d) $277,873,000 for protection, preservation, restoration
235235 24 and conservation of environmental and natural resources,
236236 25 including: the making of grants to soil and water conservation
237237 26 districts for the planning and implementation of conservation
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248248 1 practices and for funding contracts with the Soil Conservation
249249 2 Service for watershed planning; the making of grants to units
250250 3 of local government for the capital development and
251251 4 improvement of recreation areas, including planning and
252252 5 engineering costs, sewer projects, including planning and
253253 6 engineering costs and water projects, including planning and
254254 7 engineering costs, and for the acquisition of open space
255255 8 lands, including the acquisition of easements and other
256256 9 property interests of less than fee simple ownership; the
257257 10 making of grants to units of local government, including
258258 11 counties and park districts, through the Illinois Green
259259 12 Infrastructure Grant Program to protect water quality, and
260260 13 mitigate flooding, and restore and protect shorelines in the
261261 14 State; the acquisition and related costs and development and
262262 15 management of natural heritage lands, including natural areas
263263 16 and areas providing habitat for endangered species and nongame
264264 17 wildlife, and buffer area lands; the acquisition and related
265265 18 costs and development and management of habitat lands,
266266 19 including forest, wildlife habitat and wetlands; and the
267267 20 removal and disposition of hazardous substances, including the
268268 21 cost of project management, equipment, laboratory analysis,
269269 22 and contractual services necessary for preventative and
270270 23 corrective actions related to the preservation, restoration
271271 24 and conservation of the environment, including deposits not to
272272 25 exceed $60,000,000 in the aggregate into the Hazardous Waste
273273 26 Fund and the Brownfields Redevelopment Fund for improvements
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