Bill > HB3994

This bill makes several appropriations to the Illinois Power Agency (IPA) from different funds to support its operations and renewable energy initiatives. Specifically, the bill allocates $46,999,828 from the Illinois Power Agency Operations Fund for the agency's ordinary and contingent expenses, an additional $4,000,000 from the same fund for expenses related to the Energy Transition Act, $56,000,000 from the Illinois Power Agency Renewable Energy Resources Fund for purchasing renewable energy resources and supporting the Illinois Solar for All Program, and $12,000,000 from the Illinois Power Agency Trust Fund to be deposited into the Operations Fund. These appropriations will help the IPA continue its work in managing energy resources, developing renewable energy programs, and administering solar initiatives. The bill is set to take effect on July 1, 2025, and provides funding flexibility by allowing the agency to use "so much thereof as may be necessary" for each allocated purpose.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3994&GAID=18&DocTypeID=HB&SessionID=114&GA=104