SB0583 Engrossed LRB096 06647 RLJ 16731 b

1     AN ACT concerning local government.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Illinois Municipal Code is amended by adding
5 Section 1-1-11 as follows:
 
6     (65 ILCS 5/1-1-11 new)
7     Sec. 1-1-11. Contractual assessments; renewable energy
8 sources. A municipality may enter into voluntary agreements
9 with the owners of property within the municipality to provide
10 for contractual assessments to finance the installation of
11 distributed generation renewable energy sources or energy
12 efficiency improvements that are permanently fixed to real
13 property.