HB 1329

  • Illinois House Bill
  • 97th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Prop Tx-Green Energy Ssa

Abstract

Amends the Property Tax Code. Provides that municipalities and counties may establish green energy special service areas. Provides that those green energy special service areas shall include only property for which each owner of record has executed a contract or agreement with the county or municipality consenting to the inclusion of the property within the green energy special service area. Provides that green energy special service areas are not subject to certain notice and hearing requirements set forth in the Property Tax Code. Provides that the owner of record of each parcel of property within a green energy special service area may arrange, through an agreement with the municipality or county, for specific energy efficiency improvements or renewable energy improvements and may obtain financing for such improvements through the process set forth in the ordinance establishing the special service area. Provides that counties and municipalities may levy property taxes in connection with green energy special service areas. Provides that counties and municipalities may issue bonds in connection with those special service area projects and may sell, assign, or pledge those bonds to the Illinois Finance Authority. Amends the Illinois Finance Authority Act to make conforming changes. Contains other provisions.

Bill Sponsors (1)

Votes


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Actions


Jan 08, 2013

House

Session Sine Die

Mar 17, 2011

House

Rule 19(a) / Re-referred to Rules Committee

Feb 14, 2011

House

Assigned to Revenue & Finance Committee

Feb 09, 2011

House

Filed with the Clerk by Rep. Karen May

House

First Reading

House

Referred to Rules Committee

Bill Text

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