Guaranteed energy savings contracts may extend beyond the fiscal year in which they become effective. The public university shall include in its annual budget request and the Board of Higher Education shall recommend an appropriation for each subsequent fiscal year that is sufficient to pay and discharge any amounts payable under guaranteed energy savings contracts during that fiscal year.
110 ILCS 62/30
Term; budget and appropriations
Known as the Public University Energy Conservation Act
The act spans §§ 110-62-1 to 110-62-99 (20 sections).
P.A. 90-486, eff. 8-17-97.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.