SB0583enr 96TH GENERAL ASSEMBLY

SB0583 Enrolled LRB096 06647 RLJ 16731 b

AN ACT concerning local government.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Municipal Code is amended by adding Section 1-1-11 as follows:

(65 ILCS 5/1-1-11 new)

Sec. 1-1-11. Contractual assessments; renewable energy sources. A municipality may enter into voluntary agreements with the owners of property within the municipality to provide for contractual assessments to finance the installation of distributed generation renewable energy sources or energy efficiency improvements that are permanently fixed to real property.