<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2689</title>
<shortdesc>FINANCE AUTH-ENERGY STORAGE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Willie Preston</sponsors>
</sponsor>
<lastaction>
<statusdate>10/14/2025</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>20 ILCS 3501/825-65</reference><aliasreference></aliasreference><reference>20 ILCS 3501/825-70</reference><aliasreference></aliasreference><reference>20 ILCS 3501/825-75</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Finance Authority Act. In provisions regarding clean coal, coal, energy efficiency, PACE, and renewable energy project financing, adds provisions regarding energy storage project financing. Makes changes in provisions concerning project bond authorizations and financing limits. Makes conforming changes to related provisions regarding findings, definitions, creation of reserve funds, powers and duties of the Illinois Finance Authority, criteria for program participation, securitization of bonds issued by the Authority, and other related provisions.</SynopsisText></synopsis>
<actions>
<statusdate>10/14/2025</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Willie Preston</action>
<statusdate>10/14/2025</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>10/14/2025</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
</actions>
</xml>
