SB 3247 Illinois Senate · 104th Regular Session

FINANCE-IFA ETHICS

Summary
Amends the Illinois Finance Authority Act. In provisions concerning bond authorization and financing limits for clean coal projects, coal projects, energy efficiency projects, PACE projects, and renewable energy projects, provides that the limitations apply to outstanding bonds (instead of issued bonds). Provides that those limitations do not include bonds issued to refund the bonds of the Illinois Finance Authority or bonds of predecessor authorities. Provides that no member, officer, or employee of the Illinois Finance Authority may be in any manner financially interested in any contract or agreement upon which that person may be called to act or vote. Requires those members, officers, and employees to abstain from deliberating or voting on the award or material modification of any contract or agreement in which that person holds a financial interest. Provides that no member, officer, or employee of the Illinois Finance Authority may take or receive, or offer to take or receive, any money or other thing of value as a gift, bribe, or means of influencing that person's vote or action in that person's official capacity. Amends the Public Officer Prohibited Activities Act. Provides that certain provisions do not apply to the members and officers of the Illinois Finance Authority. Makes other changes.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2026 Last action May 22, 2026
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
15
Key actions
4
Committee
9
Amendments
1
May 22, 2026
Committee
Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
upper
May 22, 2026
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Apr 29, 2026
Upper · Passed
Senate Committee Amendment No. 1 To Ethics
upper
Apr 28, 2026
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Executive
upper
Apr 23, 2026
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Apr 23, 2026
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Elgie R. Sims, Jr.
upper
Mar 27, 2026
Upper · Passed
Rule 2-10 Committee Deadline Established As April 24, 2026
upper
Mar 13, 2026
Upper · Passed
Rule 2-10 Committee Deadline Established As March 27, 2026
upper
Feb 17, 2026
Committee
Assigned to Executive
upper
Feb 3, 2026
Committee
Referred to Assignments
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Elgie Sims
Elgie Sims
DDemocratic
IL
17