Full Text of SB0211 101st General Assembly
SB0211 101ST GENERAL ASSEMBLY |
| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020 SB0211 Introduced 1/31/2019, by Sen. Scott M. Bennett SYNOPSIS AS INTRODUCED: |
| 30 ILCS 500/25-45 | |
110 ILCS 62/20 |
|
|
Amends the Illinois Procurement Code. Provides that construction agencies (currently, State purchasing officers) may enter into
energy conservation program contracts or energy savings contracts or leases that provide for utility
cost savings. Provides that energy conservation program contracts or energy savings contracts and leases may be entered into for a period of time deemed to be in the best interest of the State but not exceeding 30 years (currently, 15 years) inclusive of proposed contract or lease renewals. Provides that renewable energy resources contracts and leases may be entered into for a period of time deemed to be in the best interest of the State but not exceeding 30 years inclusive of proposed contract or lease renewals. Amends the Public University Energy Conservation Act. Provides that guaranteed energy savings contracts under the Act shall
include a written guarantee of the qualified provider that either the
energy or operational cost savings, or both, will meet or exceed within 30 (currently, 20) years the costs
of the energy conservation measures. Provides that the guaranteed energy savings
contract may provide for payments over a period of time, not to
exceed 30 (currently, 20) years from the date of final installation of the
measures. Makes conforming changes. Defines "renewable energy resources". Effective immediately.
|
| |
| | A BILL FOR |
|
| | | SB0211 | | LRB101 07983 RJF 53039 b |
|
| 1 | | AN ACT concerning finance.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Illinois Procurement Code is amended by | 5 | | changing Section 25-45 as follows:
| 6 | | (30 ILCS 500/25-45)
| 7 | | Sec. 25-45. Energy conservation program contracts; energy | 8 | | savings and renewable energy resources contracts or leases. | 9 | | (a) For the purposes of this Section : , an | 10 | | " Energy energy savings contract or lease" means a contract | 11 | | or lease for an improvement, repair, alteration, betterment, | 12 | | equipment, fixture, or furnishing that is designed to reduce | 13 | | energy consumption or operating costs, and that includes an | 14 | | agreement that payments, except obligations on termination of | 15 | | the contract or lease before its expiration, shall be made over | 16 | | time and that savings are guaranteed to the extent practicable | 17 | | to pay for the cost of the improvement, repair, alteration, | 18 | | betterment, equipment, fixture, or furnishing. | 19 | | "Renewable energy resources" has the meaning ascribed to | 20 | | that term in Section 1-10 of the Illinois Power Agency Act. | 21 | | (b) Construction agencies State
purchasing officers may | 22 | | enter into
energy conservation program contracts or energy | 23 | | savings contracts or leases that provide for utility
cost |
| | | SB0211 | - 2 - | LRB101 07983 RJF 53039 b |
|
| 1 | | savings. Notwithstanding any other law to the contrary, energy | 2 | | savings contracts or leases may include an alternative | 3 | | financing or lease to purchase option. | 4 | | (c) Energy conservation program contracts or energy | 5 | | savings contracts and leases may be entered into for a period | 6 | | of time deemed to be in the best interest of the State but not | 7 | | exceeding 30 15 years inclusive of proposed contract or lease | 8 | | renewals. | 9 | | (c-5) Renewable energy resources contracts and leases may | 10 | | be entered into for a period of time deemed to be in the best | 11 | | interest of the State but not exceeding 30 years inclusive of | 12 | | proposed contract or lease renewals. | 13 | | (d) The chief procurement officer shall
promulgate and | 14 | | adopt rules for the implementation of this Section.
| 15 | | (Source: P.A. 100-23, eff. 7-6-17.)
| 16 | | Section 10. The Public University Energy Conservation Act | 17 | | is amended by changing Section 20 as follows:
| 18 | | (110 ILCS 62/20)
| 19 | | Sec. 20. Guarantee. The guaranteed energy savings contract | 20 | | shall
include a written guarantee of the qualified provider | 21 | | that either the
energy or operational cost savings, or both, | 22 | | will meet or exceed within 30 20
years the costs
of the energy | 23 | | conservation measures. The qualified provider
shall reimburse | 24 | | the public university for any shortfall of guaranteed
energy
|
| | | SB0211 | - 3 - | LRB101 07983 RJF 53039 b |
|
| 1 | | savings projected in the contract. A qualified provider shall | 2 | | provide a
sufficient bond to the public university for the | 3 | | installation and the
faithful performance of all the measures | 4 | | included in the contract. The
guaranteed energy savings | 5 | | contract may provide for payments over a period
of time, not to | 6 | | exceed 30 20 years from the date of final installation of the
| 7 | | measures.
| 8 | | (Source: P.A. 94-1062, eff. 7-31-06.)
| 9 | | Section 99. Effective date. This Act takes effect upon | 10 | | becoming law.
|
|