IL SB3114 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 11 2022 - 25% progression
Action: 2022-01-11 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Power Agency Act. Provides that the Carbon Capture Infrastructure Fund is created as a special fund in the State treasury and shall be administered by the Illinois Power Agency. Provides that $10,000,000 shall be transferred from the Illinois Power Agency Renewable Energy Resources Fund to the Carbon Capture Infrastructure Fund. Provides that the Agency shall award grants from the fund to carbon producing power plants for the construction of new carbon capture storage systems. Amends the State Finance Act to create the Carbon Capture Infrastructure Fund.

Tracking Information

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Title

IPA-CARBON INFASTRUCTURE FUND

Sponsors


History

DateChamberAction
2022-01-11SenateReferred to Assignments
2022-01-11SenateFirst Reading
2022-01-11SenateChief Co-Sponsor Sen. Sue Rezin
2022-01-11SenateFiled with Secretary by Sen. Dale Fowler

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2038551-129New CodeSee Bill Text
301055.970New CodeSee Bill Text

Illinois State Sources


Bill Comments

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