SB 3114 Illinois Senate · 102nd Regular Session

IPA-CARBON INFASTRUCTURE FUND

Summary
Amends the Illinois Power Agency Act. Provides that the Carbon Capture Infrastructure Fund is created as a special fund in the State treasury and shall be administered by the Illinois Power Agency. Provides that $10,000,000 shall be transferred from the Illinois Power Agency Renewable Energy Resources Fund to the Carbon Capture Infrastructure Fund. Provides that the Agency shall award grants from the fund to carbon producing power plants for the construction of new carbon capture storage systems. Amends the State Finance Act to create the Carbon Capture Infrastructure Fund.
Bill status failed 1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 11, 2022 Last action Jan 10, 2023
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Total actions
5
Key actions
0
Committee
1
Jan 11, 2022
Committee
Referred to Assignments
upper
1 primary · 1 co-sponsor

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