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<title>Illinois General Assembly - Bill Status for SB 1700         </title>
<shortdesc>PROPERTY-CLEAN ENERGY</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. William E. Brady-Julie A. Morrison-Melinda Bush and Linda Holmes</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Lou Lang)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><SynopsisText>Creates the Property Assessed Clean Energy Act. Provides that a local unit of government may establish a property assessed clean energy program. Provides that, to finance or refinance one or more energy projects on the property covered by the program, a local unit of government may impose an assessment pursuant to the terms of an assessment contract with the record owner of the property to be assessed. Provides that a local unit of government may issue bonds to finance energy projects under a property assessed clean energy program. Contains other provisions. Effective immediately.</SynopsisText><synopsistitle>Senate Committee Amendment No. 1</synopsistitle>
<SynopsisText>Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with changes. Provides that the assessment contract must be a voluntary written contract. Provides that districts created under the introduced bill shall be referred to as "PACE areas". Provides that "local unit of government" means only a county, city, or village (in the introduced bill, a county or municipality). Provides that the ordinance or resolution creating the program shall include a description of the territory within the PACE area. Provides that the term "person" also includes limited liability companies and other entities. Provides that the term of a project that includes multiple improvements shall have a term that is no greater than the length of the useful life of the improvement with the longest useful life. Makes technical corrections. Provides that the term "energy project" also includes alternative energy improvements related to motor vehicles powered by electricity and water use improvements. Provides that a program administrator or its affiliates, consultants, or advisors (in the introduced bill, the administrator or its affiliates) must have done business as a program administrator or capital provider for at least 18 months (in the introduced bill, the administrator must have done business in Illinois in any capacity for a minimum of 5 years). Makes other changes. Effective immediately.</SynopsisText><synopsistitle>Senate Floor Amendment No. 2</synopsistitle>
<SynopsisText>Replaces everything after the enacting clause. Reinserts the provisions of Senate Amendment 1 with the following changes: (1) provides that the term "property" means privately-owned commercial, industrial, non-residential agricultural, or multi-family real property (in the introduced bill, privately-owned commercial, industrial, agricultural, or multi-family real property); (2) provides that the local unit of government may allow projects that consist of multiple improvements with varying lengths of useful life to have a term that is no greater than the improvement with the longest useful life (instead of a term that is no greater than the useful life of the improvement with the longest useful life); (3) provides that the term "property" does not include property owned by a local unit of government or a homeowner's or condominium association; and (4) provides that the program administrator shall be responsible for arranging (instead of providing) capital for the acquisition of bonds issued by the local unit of government to finance energy projects. Effective immediately.</SynopsisText><synopsistitle>Senate Floor Amendment No. 3</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>New Act</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>10000HB2831eng, Sec. 5</reference><aliasreference></aliasreference><reference>10000HB2831eng, Sec. 25</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Property Assessed Clean Energy Act if and only if House Bill 2831 of the 100th General Assembly becomes law as engrossed. Makes changes to the definition of "energy project" to include improvements that will be affixed to new construction. Provides that "property" includes property owned by a local unit of government. Effective upon becoming law or upon the effective date of House Bill 2831 of the 100th General Assembly, whichever occurs later.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2017</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Karen McConnaughay</action>
<statusdate>2/9/2017</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/9/2017</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/28/2017</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/9/2017</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/10/2017</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Karen McConnaughay</action>
<statusdate>3/10/2017</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>3/15/2017</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Revenue</action>
<statusdate>3/15/2017</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Adopted</action>
<statusdate>3/16/2017</statusdate><chamber>Senate</chamber><action>Do Pass as Amended Revenue;  008-000-000</action>
<statusdate>3/16/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 28, 2017</action>
<statusdate>4/6/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Filed with Secretary by Sen. Karen McConnaughay</action>
<statusdate>4/6/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Referred to Assignments</action>
<statusdate>4/25/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Assignments Refers to Revenue</action>
<statusdate>4/26/2017</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Julie A. Morrison</action>
<statusdate>4/26/2017</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/26/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 27, 2017</action>
<statusdate>4/27/2017</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Melinda Bush</action>
<statusdate>4/28/2017</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As May 31, 2017</action>
<statusdate>5/4/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Recommend Do Adopt Revenue;  008-000-000</action>
<statusdate>5/4/2017</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>5/4/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Adopted; McConnaughay</action>
<statusdate>5/4/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading May 5, 2017</action>
<statusdate>5/17/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Filed with Secretary by Sen. Karen McConnaughay</action>
<statusdate>5/17/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Referred to Assignments</action>
<statusdate>5/18/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Be Approved for Consideration Assignments</action>
<statusdate>5/18/2017</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>5/18/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Adopted; McConnaughay</action>
<statusdate>5/18/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading</action>
<statusdate>5/18/2017</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Linda Holmes</action>
<statusdate>5/18/2017</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 054-000-000</action>
<statusdate>5/18/2017</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>5/18/2017</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Lou Lang</action>
<statusdate>5/18/2017</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>5/18/2017</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>5/22/2017</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>5/22/2017</statusdate><chamber>House</chamber><action>Motion Filed to Suspend Rule 21 Revenue &amp; Finance Committee;  Rep. Lou Lang</action>
<statusdate>5/22/2017</statusdate><chamber>House</chamber><action>Motion Prevailed</action>
<statusdate>5/26/2017</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 31, 2017</action>
<statusdate>5/31/2017</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>9/4/2018</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. William E. Brady</action>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

