Bill Text: IL SB0550 | 2015-2016 | 99th General Assembly | Engrossed
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Amends the Illinois Nuclear Facility Safety Act. Makes a technical change in a Section on legislative findings.
Spectrum: Partisan Bill (Democrat 46-0)
Status: (Enrolled - Dead) 2017-01-11 - Sent to the Governor [SB0550 Detail]
Download: Illinois-2015-SB0550-Engrossed.html
Bill Title: Amends the Illinois Nuclear Facility Safety Act. Makes a technical change in a Section on legislative findings.
Spectrum: Partisan Bill (Democrat 46-0)
Status: (Enrolled - Dead) 2017-01-11 - Sent to the Governor [SB0550 Detail]
Download: Illinois-2015-SB0550-Engrossed.html
| |||||||
| |||||||
| |||||||
1 | AN ACT concerning safety.
| ||||||
2 | Be it enacted by the People of the State of Illinois, | ||||||
3 | represented in the General Assembly:
| ||||||
4 | Section 5. The Department of Public Health Act is amended | ||||||
5 | by adding Section 5.2 as follows:
| ||||||
6 | (20 ILCS 2305/5.2 new) | ||||||
7 | Sec. 5.2. Identification of plumbing-related lead hazards | ||||||
8 | in schools. To protect children and other members of the public | ||||||
9 | from any threat to public health that might be posed by lead in | ||||||
10 | drinking water at schools, the Department of Public Health | ||||||
11 | shall, as soon as practicable after the effective date of this | ||||||
12 | amendatory Act of the 99th General Assembly but no later than | ||||||
13 | June 30, 2018, adopt rules that (i) establish a program to | ||||||
14 | identify, in each school in the State, any lead service line or | ||||||
15 | lead-bearing plumbing that is a lead hazard, as defined in | ||||||
16 | Section 2 of the Lead Poisoning Prevention Act, and (ii) | ||||||
17 | require the mitigation of those lead hazards within a | ||||||
18 | reasonable time after their identification.
| ||||||
19 | Section 10. The Environmental Protection Act is amended by | ||||||
20 | changing Sections 19.3 and 19.4 and by adding Section 17.11 as | ||||||
21 | follows:
|
| |||||||
| |||||||
1 | (415 ILCS 5/17.11 new) | ||||||
2 | Sec. 17.11. Lead in drinking water prevention. | ||||||
3 | (a) For the purposes of this Section: | ||||||
4 | "First-draw sample" means one liter of water volume | ||||||
5 | collected at a source of potable water and prior to the | ||||||
6 | sample there must be a minimum of 6 hours during which | ||||||
7 | there is no water used from the source of potable water or | ||||||
8 | any sources adjacent or close to that source. | ||||||
9 | "Non-source origination community water system" means | ||||||
10 | a community water system owned by a city, village, or | ||||||
11 | incorporated town that receives improved water from a | ||||||
12 | source origination community water system and distributes | ||||||
13 | that water outside the corporate limits of the city, | ||||||
14 | village, or incorporated town that owns the source | ||||||
15 | origination community water system. | ||||||
16 | "Potentially affected residence" means any residence | ||||||
17 | where water service is or may be temporarily interrupted or | ||||||
18 | shut off by the community water supply because the supply | ||||||
19 | is carrying out construction or repair work. | ||||||
20 | "School" means any school district or public, private, | ||||||
21 | charter, or nonpublic day or residential educational | ||||||
22 | institution, constructed prior to 1987 that provides | ||||||
23 | education from pre-kindergarten through grade 5 and | ||||||
24 | receives water from a community water supply. | ||||||
25 | "Source of potable water" means the point at which | ||||||
26 | non-bottled water exits any tap, faucet, drinking |
| |||||||
| |||||||
1 | fountain, or similar point of use regularly ingested by | ||||||
2 | children or used for food preparation. | ||||||
3 | "Source origination community water system" means a | ||||||
4 | community water system owned by a city, village, or | ||||||
5 | incorporated town that operates a waterworks whereby a | ||||||
6 | source of water from a lake, river, or other source is | ||||||
7 | treated at the waterworks and furnished to a non-source | ||||||
8 | origination community water system that operates outside | ||||||
9 | the corporate limits of the city, village, or incorporated | ||||||
10 | town. | ||||||
11 | (b) Prior to December 31, 2019, schools shall collect and | ||||||
12 | the owner or operator of a community water supply shall analyze | ||||||
13 | for lead a first-draw sample from representative sources of | ||||||
14 | potable water located at each school within the community water | ||||||
15 | supply distribution system. Representative sources of potable | ||||||
16 | water shall include at least one sample from each unique model | ||||||
17 | of drinking fountain or fixture that provides potable water. | ||||||
18 | The community water supply shall provide the school with | ||||||
19 | technical assistance to determine the sampling locations that | ||||||
20 | are most representative of the sources of potable water at each | ||||||
21 | school. The community water supply shall supply each school | ||||||
22 | with the sampling instructions and equipment necessary to | ||||||
23 | collect all required lead samples. Lead sampling results | ||||||
24 | obtained shall not be used for purposes of determining | ||||||
25 | compliance with the Board rules that implement the national | ||||||
26 | primary drinking water regulations for lead and copper. The |
| |||||||
| |||||||
1 | community water supply shall submit all lead sampling results | ||||||
2 | to the school and the Department of Public Health within 7 | ||||||
3 | business days of receipt of the results. If any sample exceeds | ||||||
4 | the lead action level of 15 parts per billion (15 micrograms | ||||||
5 | per liter), the school shall promptly notify the parents or | ||||||
6 | legal guardians of all enrolled students of the exceedance and | ||||||
7 | its location within the school and direct them to the United | ||||||
8 | States Environmental Protection Agency's website for | ||||||
9 | information about lead in drinking water. | ||||||
10 | An investor-owned water utility shall be allowed to | ||||||
11 | annually recover expenditures associated with this Section | ||||||
12 | through its rates. | ||||||
13 | (c) Within 180 days after the effective date of this | ||||||
14 | amendatory Act of the 99th General Assembly, the owner or | ||||||
15 | operator of a community water supply shall develop and submit | ||||||
16 | to the Department of Public Health a plan to compile a | ||||||
17 | comprehensive inventory of all lead service lines within the | ||||||
18 | community water supply distribution system including privately | ||||||
19 | owned lead service lines. At a minimum, the plan shall include: | ||||||
20 | (1) a procedure for determining whether any water | ||||||
21 | service lines exposed as a result of construction or | ||||||
22 | excavation by the community water supply or any other | ||||||
23 | public utility are made of lead; and | ||||||
24 | (2) a procedure by which the owner or operator of the | ||||||
25 | community water supply will update the information in its | ||||||
26 | lead service line inventory on at least an annual basis. |
| |||||||
| |||||||
1 | The owner or operator of a community water supply shall | ||||||
2 | implement the lead service line inventory development plan in | ||||||
3 | accordance with its terms. | ||||||
4 | (d) On or before April 15 of each year, the owner or | ||||||
5 | operator of a community water supply shall submit to the | ||||||
6 | Department of Public Health an inventory of all known lead | ||||||
7 | service lines within its community water supply distribution | ||||||
8 | system, including privately owned lead service lines current | ||||||
9 | through at least the end of the previous calendar year. The | ||||||
10 | lead service line inventory shall separately identify the lead | ||||||
11 | service lines that were added to the inventory after the | ||||||
12 | previous year's submission and shall include a summary that | ||||||
13 | provides: | ||||||
14 | (1) the total number of service lines within the | ||||||
15 | community water supply distribution system; | ||||||
16 | (2) the percentage of service lines that are known to | ||||||
17 | contain lead; | ||||||
18 | (3) the percentage of service lines that are known to | ||||||
19 | be of a material other than lead; and | ||||||
20 | (4) the percentage of service lines added to the | ||||||
21 | inventory after the previous submission of the annual lead | ||||||
22 | service line inventory. | ||||||
23 | (e) Beginning January 1, 2017, when conducting routine | ||||||
24 | inspections of community water supplies as required under this | ||||||
25 | Act, the Agency may conduct a separate audit to identify | ||||||
26 | progress that the community water supply has made toward |
| |||||||
| |||||||
1 | completing the material inventories required under this | ||||||
2 | Section. | ||||||
3 | (f) The owner or operator of a community water supply shall | ||||||
4 | promptly notify the owners and occupants of a residence where | ||||||
5 | sampling results show lead levels in any individual tap sample | ||||||
6 | exceed 15 parts per billion (15 micrograms per liter) and shall | ||||||
7 | also provide public education materials comparable in content | ||||||
8 | to the public education materials that the Board rules require | ||||||
9 | to be delivered when a supplier exceeds the lead action level. | ||||||
10 | (g) The owner or operator of a community water supply | ||||||
11 | shall, 14 days prior to beginning planned work to repair or | ||||||
12 | replace any water mains or lead service lines, notify the | ||||||
13 | owners and occupants of all potentially affected residences of | ||||||
14 | the planned work. In cases where a community water supply must | ||||||
15 | perform construction or repair work on an emergency basis or | ||||||
16 | where such work is not scheduled at least 14 days prior to work | ||||||
17 | taking place, the community water supply shall notify | ||||||
18 | potentially affected residences as soon as reasonably | ||||||
19 | possible. When work is to repair or replace a water meter, the | ||||||
20 | notification shall be provided at the time the work is | ||||||
21 | initiated. The notification shall include: | ||||||
22 | (1) a warning that the work may result in sediment, | ||||||
23 | possibly containing lead, in the residence's water supply; | ||||||
24 | and | ||||||
25 | (2) information concerning best practices for | ||||||
26 | preventing the consumption of any lead in drinking water, |
| |||||||
| |||||||
1 | including a recommendation to flush water lines during and | ||||||
2 | after the completion of the repair or replacement work and | ||||||
3 | to clean faucet aerator screens. | ||||||
4 | (h) A source origination community water system's | ||||||
5 | obligation to comply with this Section is limited | ||||||
6 | geographically to any and all activity that occurs within the | ||||||
7 | corporate limits of the city, village, or incorporated town | ||||||
8 | that owns or operates the source origination community water | ||||||
9 | system. Once a source origination community water system has | ||||||
10 | furnished water to a non-source origination community water | ||||||
11 | system, it is the sole responsibility of that system to comply | ||||||
12 | with and implement the provisions of this Section. Nothing in | ||||||
13 | this Section shall relieve a community water system of its | ||||||
14 | obligations under the Public Water Supply Operations Act.
| ||||||
15 | (415 ILCS 5/19.3) (from Ch. 111 1/2, par. 1019.3)
| ||||||
16 | Sec. 19.3. Water Revolving Fund.
| ||||||
17 | (a) There is hereby created within the State Treasury a | ||||||
18 | Water Revolving
Fund, consisting of 3 interest-bearing special | ||||||
19 | programs to be known as the
Water Pollution Control Loan | ||||||
20 | Program, the Public Water Supply Loan Program, and
the Loan | ||||||
21 | Support Program, which shall be used and administered by the | ||||||
22 | Agency.
| ||||||
23 | (b) The Water Pollution Control Loan Program shall be used | ||||||
24 | and administered
by the Agency to provide assistance for the | ||||||
25 | following purposes:
|
| |||||||
| |||||||
1 | (1) to accept and retain funds from grant awards, | ||||||
2 | appropriations,
transfers, and payments of interest and | ||||||
3 | principal;
| ||||||
4 | (2) to make direct loans at or below market interest | ||||||
5 | rates and to provide additional subsidization, including, | ||||||
6 | but not limited to, forgiveness of principal, negative | ||||||
7 | interest rates, and grants, to any
eligible local | ||||||
8 | government unit to finance the construction of
treatments | ||||||
9 | works, including storm water treatment systems that are | ||||||
10 | treatment works, and projects that fulfill federal State | ||||||
11 | Revolving Fund grant requirements for a green project | ||||||
12 | reserve , and sampling and replacement of lead pipes and | ||||||
13 | fixtures in schools ;
| ||||||
14 | (2.5) with respect to funds provided under the American | ||||||
15 | Recovery and Reinvestment Act of 2009: | ||||||
16 | (A) to make direct loans at or below market | ||||||
17 | interest rates to any eligible local government unit | ||||||
18 | and to provide additional subsidization to any | ||||||
19 | eligible local government unit, including, but not | ||||||
20 | limited to, forgiveness of principal, negative | ||||||
21 | interest rates, and grants; | ||||||
22 | (B) to make direct loans at or below market | ||||||
23 | interest rates to any eligible local government unit to | ||||||
24 | buy or refinance debt obligations for treatment works | ||||||
25 | incurred on or after October 1, 2008; and | ||||||
26 | (C) to provide additional subsidization, |
| |||||||
| |||||||
1 | including, but not limited to, forgiveness of | ||||||
2 | principal, negative interest rates, and grants for | ||||||
3 | treatment works incurred on or after October 1, 2008; | ||||||
4 | (3) to make direct loans at or below market interest | ||||||
5 | rates and to provide additional subsidization, including, | ||||||
6 | but not limited to, forgiveness of principal, negative | ||||||
7 | interest rates, and grants, to any
eligible local | ||||||
8 | government unit to buy or refinance debt obligations for | ||||||
9 | costs
incurred after March 7, 1985, for the construction of | ||||||
10 | treatment works, including storm water treatment systems | ||||||
11 | that are treatment works, and projects that fulfill federal | ||||||
12 | State Revolving Fund grant requirements for a green project | ||||||
13 | reserve;
| ||||||
14 | (3.5) to make loans, including, but not limited to, | ||||||
15 | loans through a linked deposit program, at or below market | ||||||
16 | interest rates for the
implementation of a management | ||||||
17 | program established under Section 319 of the
Federal Water | ||||||
18 | Pollution Control Act, as amended;
| ||||||
19 | (4) to guarantee or purchase insurance for local | ||||||
20 | obligations
where such action would improve credit market | ||||||
21 | access or reduce interest rates;
| ||||||
22 | (5) as a source of revenue or security for the payment | ||||||
23 | of principal and
interest on revenue or general obligation | ||||||
24 | bonds issued by the State or any
political subdivision or | ||||||
25 | instrumentality thereof, if the proceeds of such
bonds will | ||||||
26 | be deposited in the Fund;
|
| |||||||
| |||||||
1 | (6) to finance the reasonable costs incurred by the | ||||||
2 | Agency in the
administration of the Fund;
| ||||||
3 | (7) to transfer funds to the Public Water Supply Loan | ||||||
4 | Program; and
| ||||||
5 | (8) notwithstanding any other provision of this | ||||||
6 | subsection (b), to provide, in accordance with rules | ||||||
7 | adopted under this Title, any other financial assistance | ||||||
8 | that may be provided under Section 603 of the Federal Water | ||||||
9 | Pollution Control Act for any other projects or activities | ||||||
10 | eligible for assistance under that Section or federal rules | ||||||
11 | adopted to implement that Section. | ||||||
12 | (c) The Loan Support Program shall be used and administered | ||||||
13 | by the Agency
for the following purposes:
| ||||||
14 | (1) to accept and retain funds from grant awards and | ||||||
15 | appropriations;
| ||||||
16 | (2) to finance the reasonable costs incurred by the | ||||||
17 | Agency in the
administration of the Fund, including | ||||||
18 | activities under Title III of this
Act, including the | ||||||
19 | administration of the State
construction grant program;
| ||||||
20 | (3) to transfer funds to the Water Pollution Control | ||||||
21 | Loan
Program and the Public Water Supply Loan Program;
| ||||||
22 | (4) to accept and retain a portion of the loan | ||||||
23 | repayments;
| ||||||
24 | (5) to finance the development of the low interest loan
| ||||||
25 | programs for water pollution control and public water | ||||||
26 | supply projects;
|
| |||||||
| |||||||
1 | (6) to finance the reasonable costs incurred by the | ||||||
2 | Agency to provide
technical assistance for public water | ||||||
3 | supplies; and
| ||||||
4 | (7) to finance the reasonable costs incurred by the | ||||||
5 | Agency for
public water system supervision programs, to | ||||||
6 | administer or provide for
technical assistance through | ||||||
7 | source water protection programs, to develop and
implement | ||||||
8 | a capacity development strategy, to delineate and assess | ||||||
9 | source water
protection areas, and for an operator | ||||||
10 | certification program in accordance with
Section 1452 of | ||||||
11 | the federal Safe Drinking Water Act.
| ||||||
12 | (d) The Public Water Supply Loan Program shall be used and | ||||||
13 | administered by
the Agency to provide assistance to local | ||||||
14 | government units and privately owned
community water supplies | ||||||
15 | for public water
supplies for the following public purposes:
| ||||||
16 | (1) to accept and retain funds from grant awards, | ||||||
17 | appropriations,
transfers, and payments of interest and | ||||||
18 | principal;
| ||||||
19 | (2) to make direct loans at or below market interest | ||||||
20 | rates and to provide additional subsidization, including, | ||||||
21 | but not limited to, forgiveness of principal, negative | ||||||
22 | interest rates, and grants, to any eligible
local | ||||||
23 | government unit or to any eligible privately owned | ||||||
24 | community water supply
to finance the construction of water | ||||||
25 | supplies and projects that fulfill federal State Revolving | ||||||
26 | Fund grant requirements for a green project reserve;
|
| |||||||
| |||||||
1 | (2.5) with respect to funds provided under the American | ||||||
2 | Recovery and Reinvestment Act of 2009: | ||||||
3 | (A) to make direct loans at or below market | ||||||
4 | interest rates to any eligible local government unit or | ||||||
5 | to any eligible privately owned community water | ||||||
6 | supply, and to provide additional subsidization to any | ||||||
7 | eligible local government unit or to any eligible | ||||||
8 | privately owned community water supply, including, but | ||||||
9 | not limited to, forgiveness of principal, negative | ||||||
10 | interest rates, and grants; | ||||||
11 | (B) to buy or refinance the debt obligation of a | ||||||
12 | local government unit for costs incurred on or after | ||||||
13 | October 1, 2008; and
| ||||||
14 | (C) to provide additional subsidization, | ||||||
15 | including, but not limited to, forgiveness of | ||||||
16 | principal, negative interest rates, and grants for a | ||||||
17 | local government unit for costs incurred on or after | ||||||
18 | October 1, 2008; | ||||||
19 | (3) to make direct loans at or below market interest | ||||||
20 | rates and to provide additional subsidization, including, | ||||||
21 | but not limited to, forgiveness of principal, negative | ||||||
22 | interest rates, and grants, to any eligible local | ||||||
23 | government unit or to any eligible privately owned | ||||||
24 | community water supply to buy or refinance debt obligations | ||||||
25 | for
costs incurred on or after July 17, 1997, for the | ||||||
26 | construction of water supplies and projects that fulfill |
| |||||||
| |||||||
1 | federal State Revolving Fund requirements for a green | ||||||
2 | project reserve;
| ||||||
3 | (4) to guarantee local obligations where such action | ||||||
4 | would improve credit
market access or reduce interest | ||||||
5 | rates;
| ||||||
6 | (5) as a source of revenue or security for the payment | ||||||
7 | of principal and
interest on revenue or general obligation | ||||||
8 | bonds issued by the State or any
political subdivision or | ||||||
9 | instrumentality thereof, if the proceeds of such
bonds will | ||||||
10 | be deposited into the Fund; and
| ||||||
11 | (6) to transfer funds to the Water Pollution Control | ||||||
12 | Loan Program.
| ||||||
13 | (e) The Agency is designated as the administering agency of | ||||||
14 | the Fund.
The Agency shall submit to the Regional Administrator | ||||||
15 | of the United States
Environmental Protection Agency an | ||||||
16 | intended use plan which outlines the
proposed use of funds | ||||||
17 | available to the State. The Agency shall take all
actions | ||||||
18 | necessary to secure to the State the benefits of the federal
| ||||||
19 | Water Pollution Control Act and the federal Safe Drinking Water | ||||||
20 | Act, as now
or hereafter amended.
| ||||||
21 | (f) The Agency shall have the power to enter into | ||||||
22 | intergovernmental
agreements with the federal government or | ||||||
23 | the State, or any instrumentality
thereof, for purposes of | ||||||
24 | capitalizing the Water Revolving Fund.
Moneys on deposit in the | ||||||
25 | Water Revolving Fund may be used for the
creation of reserve | ||||||
26 | funds or pledged funds that secure the obligations
of repayment |
| |||||||
| |||||||
1 | of loans made pursuant to this Section. For the purpose
of | ||||||
2 | obtaining capital for deposit into the Water Revolving Fund, | ||||||
3 | the
Agency may also enter into agreements with financial | ||||||
4 | institutions and other
persons for the purpose of selling loans | ||||||
5 | and developing a secondary market
for such loans. The Agency | ||||||
6 | shall have the power to create and establish such
reserve funds | ||||||
7 | and accounts as may be necessary or desirable to accomplish its
| ||||||
8 | purposes under this subsection and to allocate its available | ||||||
9 | moneys into such
funds and accounts. Investment earnings on | ||||||
10 | moneys held in the Water Revolving
Fund, including any reserve | ||||||
11 | fund or pledged fund, shall be deposited into the
Water | ||||||
12 | Revolving Fund.
| ||||||
13 | (Source: P.A. 98-782, eff. 7-23-14; 99-187, eff. 7-29-15.)
| ||||||
14 | (415 ILCS 5/19.4) (from Ch. 111 1/2, par. 1019.4)
| ||||||
15 | Sec. 19.4. Regulations; priorities.
| ||||||
16 | (a) The Agency shall have the authority to promulgate
| ||||||
17 | regulations for the administration of this Title, including, | ||||||
18 | but not limited to, rules setting forth procedures and criteria | ||||||
19 | concerning loan
applications and the issuance of loans. For | ||||||
20 | loans to units of local government, the regulations shall
| ||||||
21 | include, but need not be limited to, the following elements:
| ||||||
22 | (1) loan application requirements;
| ||||||
23 | (2) determination of credit worthiness of the loan | ||||||
24 | applicant;
| ||||||
25 | (3) special loan terms, as necessary, for securing the |
| |||||||
| |||||||
1 | repayment of the
loan;
| ||||||
2 | (4) assurance of payment;
| ||||||
3 | (5) interest rates;
| ||||||
4 | (6) loan support rates;
| ||||||
5 | (7) impact on user charges;
| ||||||
6 | (8) eligibility of proposed construction;
| ||||||
7 | (9) priority of needs;
| ||||||
8 | (10) special loan terms for disadvantaged communities;
| ||||||
9 | (11) maximum limits on annual distributions of funds to | ||||||
10 | applicants
or groups of applicants;
| ||||||
11 | (12) penalties for noncompliance with loan | ||||||
12 | requirements and conditions,
including stop-work orders, | ||||||
13 | termination, and recovery of loan funds; and
| ||||||
14 | (13) indemnification of the State of Illinois and the | ||||||
15 | Agency by the loan
recipient.
| ||||||
16 | (b) The Agency shall have the authority to promulgate | ||||||
17 | regulations to set
forth procedures and criteria concerning | ||||||
18 | loan applications for loan recipients
other than units of local | ||||||
19 | government. In addition to all of the elements
required for | ||||||
20 | units of local government under subsection (a), the regulations
| ||||||
21 | shall include, but need not be limited to, the following | ||||||
22 | elements:
| ||||||
23 | (1) types of security required for the loan;
| ||||||
24 | (2) types of collateral, as necessary, that can be | ||||||
25 | pledged for the loan;
and
| ||||||
26 | (3) staged access to fund privately owned community |
| |||||||
| |||||||
1 | water supplies.
| ||||||
2 | (c) Rules adopted under this Title shall also include, but | ||||||
3 | shall not be limited to, criteria for prioritizing the issuance | ||||||
4 | of loans under this Title according to applicant need.
Priority | ||||||
5 | in making loans from the Public Water Supply Loan Program must | ||||||
6 | first
be given to local government units and privately owned | ||||||
7 | community water supplies
that need to make capital improvements | ||||||
8 | to
protect human health and to achieve compliance with the | ||||||
9 | State and federal
primary drinking water standards adopted | ||||||
10 | pursuant to this Act and the federal
Safe Drinking Water Act, | ||||||
11 | as now and hereafter amended. Rules for prioritizing loans from | ||||||
12 | the Water Pollution Control Loan Program may include, but shall | ||||||
13 | not be limited to, criteria designed to encourage green | ||||||
14 | infrastructure, water efficiency, environmentally innovative | ||||||
15 | projects, and nutrient pollution removal , and lead sampling and | ||||||
16 | removal . | ||||||
17 | (d) The Agency shall have the authority to promulgate | ||||||
18 | regulations to set forth procedures and criteria concerning | ||||||
19 | loan applications for funds provided under the American | ||||||
20 | Recovery and Reinvestment Act of 2009. In addition, due to time | ||||||
21 | constraints in the American Recovery and Reinvestment Act of | ||||||
22 | 2009, the Agency shall adopt emergency rules as necessary to | ||||||
23 | allow the timely administration of funds provided under the | ||||||
24 | American Recovery and Reinvestment Act of 2009. Emergency rules | ||||||
25 | adopted under this subsection (d) shall be adopted in | ||||||
26 | accordance with Section 5-45 of the Illinois Administrative |
| |||||||
| |||||||
1 | Procedure Act. | ||||||
2 | (e) The Agency may adopt rules to create a linked deposit | ||||||
3 | loan program through which loans made pursuant to paragraph | ||||||
4 | (3.5) of subsection (b) of Section 19.3 may be made through | ||||||
5 | private lenders. Rules adopted under this subsection (e) shall | ||||||
6 | include, but shall not be limited to, provisions requiring | ||||||
7 | private lenders, prior to disbursing loan proceeds through the | ||||||
8 | linked deposit loan program, to verify that the loan recipients | ||||||
9 | have been approved by the Agency for financing under paragraph | ||||||
10 | (3.5) of subsection (b) of Section 19.3. | ||||||
11 | (Source: P.A. 98-782, eff. 7-23-14.)
| ||||||
12 | Section 99. Effective date. This Act takes effect upon | ||||||
13 | becoming law.
|