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<xml>
<title>Illinois General Assembly - Bill Status for HB 28     </title>
<shortdesc>PROP TX-GREEN ENERGY SSA</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Lou Lang-Patrick J. Verschoore, Elaine Nekritz, Karen A. Yarbrough, Dave Winters, Sara Feigenholtz, Marlow H. Colvin and Naomi D. Jakobsson</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>20 ILCS 3501/820-10</reference><aliasreference></aliasreference><reference>20 ILCS 3501/820-20</reference><aliasreference></aliasreference><reference>20 ILCS 3501/820-25</reference><aliasreference></aliasreference><reference>20 ILCS 3501/820-37 new</reference><aliasreference></aliasreference><reference>35 ILCS 200/27-5</reference><aliasreference></aliasreference><reference>35 ILCS 200/27-97 new</reference><aliasreference></aliasreference><reference>55 ILCS 5/5-1005</reference><aliasreference>from Ch. 34, par. 5-1005</aliasreference><reference>65 ILCS 5/Art. 11 Div. 15.4 heading new</reference><aliasreference></aliasreference><reference>65 ILCS 5/11-15.4-1 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority has the power to purchase special service area bonds and to accept assignments or pledges, or both, of special service area bonds or agreements relating to public and private green special service area projects. Amends the Special Service Area Tax Law in the Property Tax Code. Provides that the corporate authorities of a county or a municipality may establish a green special service area. Provides that those green 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 special service area. Provides that the owner of record of a parcel of property within a green special service area may arrange for specific energy efficiency improvements, renewable energy improvements, or water use improvements and may obtain financing for those improvements through the process set forth in the ordinance establishing the green special service area. Provides that the corporate authorities of a county or municipality that establishes a green special service area shall levy a tax on all property in a green special service area where each owner of record has entered into a contract for improvements. Provides that counties and municipalities may issue bonds in connection with green special service areas and may sell, assign, or pledge those bonds to the Illinois Finance Authority. Amends the Counties Code and the Illinois Municipal Code to provide that each county or municipality shall have the power and authority to engage in specified activities that relate to green special service areas. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>12/28/2010</statusdate><chamber>House</chamber><action>Prefiled with Clerk by Rep. Lou Lang</action>
<statusdate>12/28/2010</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Patrick J. Verschoore</action>
<statusdate>1/12/2011</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/12/2011</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/28/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Elaine Nekritz</action>
<statusdate>1/28/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Karen A. Yarbrough</action>
<statusdate>1/28/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Dave Winters</action>
<statusdate>2/8/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sara Feigenholtz</action>
<statusdate>2/8/2011</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/10/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Marlow H. Colvin</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/24/2012</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/9/2012</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>7/11/2012</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Naomi D. Jakobsson</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

