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state_legiscan_drain · IL

FUNDS-COMMUNITY REINVESTMENT

January 24, 2025

Summary

If enacted, this bill would amend several Illinois energy laws to modify funding for the Illinois Solar for All Program, adjust prevailing wage thresholds for geothermal systems, change distributed storage rebate caps, and alter dispute resolution procedures for siting qualified energy facilities. It primarily affects energy developers, utilities, and local governments, with no direct impact on mortgage lending or financial services.

Source: https://www.ilga.gov/Legislation/BillStatus?DocNum=1700&GAID=18&DocTypeID=HB&SessionID=114&GA=104

Common questions

What does "FUNDS-COMMUNITY REINVESTMENT" cover?
If enacted, this bill would amend several Illinois energy laws to modify funding for the Illinois Solar for All Program, adjust prevailing wage thresholds…
When was it published?
It was published on January 24, 2025.

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