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<xml>
<title>Illinois General Assembly - Bill Status for HB 3481         </title>
<shortdesc>ELECTRIC VEHICLE-FINANCE PROG</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Denyse Wang Stoneback</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><SynopsisText>     Creates the Electric Vehicle Charging Station Financing Program Act. Provides that the Electric Vehicle Charging Station Financing Program is to be administered by the Office of the State Treasurer. Provides that loans under the Program shall be used for the design, development, purchase, and installation of qualified electric vehicle charging stations in the State of Illinois either for use by private homeowners or for use by small businesses. Provides for funding of Program loans. Provides requirements for borrowers and lenders in applying for loans under the Program. Provides for the adoption of rules. Provides that State agencies may promote the Program as a financial solution for specified purposes. Requires the State Treasurer to annually submit a report concerning the Program to the General Assembly and Governor. Provides for the content of the report.</SynopsisText></synopsis>
<actions>
<statusdate>2/19/2021</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Denyse Wang Stoneback</action>
<statusdate>2/22/2021</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/22/2021</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/16/2021</statusdate><chamber>House</chamber><action>Assigned to State Government Administration Committee</action>
<statusdate>3/27/2021</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

