A governmental unit may borrow money and access loans from the Illinois Finance Authority to finance projects for the acquisition, construction, or improvement of new or existing clean energy infrastructure, in each case, qualified for financing by the Illinois Finance Authority under the Illinois Climate Bank bond loan programs of the Illinois Finance Authority.
30 ILCS 445/15
Authorization to borrow from Illinois Finance Authority Illinois Climate Bank loan programs
Known as the Climate Bank Loan Financing Act
The act spans §§ 30-445-1 to 30-445-99 (11 sections).
P.A. 103-1023, eff. 8-9-24.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.