Bill Texts: IL SB3627 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the Property Tax Code. Creates valuation procedures for eligible energy storage systems. Provides that an "eligible energy storage system" means commercially available technology that is capable of absorbing energy and storing a capacity of up to 2 megawatts for use at a later time, including, but not limited to, electrochemical, thermal, and electromechanical technologies. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2022-04-30 - Chief Sponsor Changed to Sen. Don Harmon [SB3627 Detail]

Bill Drafts

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Introduced2022-01-19HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB3627

Supplemental Documents

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No supplemental documents for Illinois SB3627 currently on file.

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