Bill Text: IL SB3533 | 2017-2018 | 100th General Assembly | Introduced


Bill Title: Amends the Illinois Procurement Code. Provides that, among other types of contracts, renewable energy resources contracts and leases may be entered into for a period of time deemed to be in the best interest of the State but not exceeding 15 years inclusive of proposed contract or lease renewals. Makes conforming changes. Defines "renewable energy resources". Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2019-01-09 - Session Sine Die [SB3533 Detail]

Download: Illinois-2017-SB3533-Introduced.html


100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
SB3533

Introduced 2/16/2018, by Sen. Pamela J. Althoff

SYNOPSIS AS INTRODUCED:
30 ILCS 500/25-45

Amends the Illinois Procurement Code. Provides that, among other types of contracts, renewable energy resources contracts and leases may be entered into for a period of time deemed to be in the best interest of the State but not exceeding 15 years inclusive of proposed contract or lease renewals. Makes conforming changes. Defines "renewable energy resources". Effective immediately.
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A BILL FOR

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1 AN ACT concerning finance.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Illinois Procurement Code is amended by
5changing Section 25-45 as follows:
6 (30 ILCS 500/25-45)
7 Sec. 25-45. Energy conservation program contracts; energy
8savings and renewable energy resources contracts or leases.
9 (a) For the purposes of this Section: , an
10 "Energy energy savings contract or lease" means a contract
11or lease for an improvement, repair, alteration, betterment,
12equipment, fixture, or furnishing that is designed to reduce
13energy consumption or operating costs, and that includes an
14agreement that payments, except obligations on termination of
15the contract or lease before its expiration, shall be made over
16time and that savings are guaranteed to the extent practicable
17to pay for the cost of the improvement, repair, alteration,
18betterment, equipment, fixture, or furnishing.
19 "Renewable energy resources" has the meaning ascribed to
20that term in Section 1-10 of the Illinois Power Agency Act.
21 (b) State purchasing officers may enter into energy
22conservation program contracts or energy savings contracts or
23leases that provide for utility cost savings. Notwithstanding

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1any other law to the contrary, energy savings contracts or
2leases may include an alternative financing or lease to
3purchase option.
4 (c) Energy conservation program contracts, or energy
5savings contracts and leases, or renewable energy resources
6contracts and leases may be entered into for a period of time
7deemed to be in the best interest of the State but not
8exceeding 15 years inclusive of proposed contract or lease
9renewals.
10 (d) The chief procurement officer shall promulgate and
11adopt rules for the implementation of this Section.
12(Source: P.A. 100-23, eff. 7-6-17.)
13 Section 99. Effective date. This Act takes effect upon
14becoming law.
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