Illinois Statutes
§ 850-15 — Purposes; Climate Bank
Illinois·Topic GOVERNMENT·Ch. 20 EXECUTIVE BRANCH·Act 20 ILCS 3501/ Illinois Finance Authority Act.·Art. Article 850 - General Provisions
In its role as the Climate Bank for the State, the Authority shall consider the following purposes:
(1)the distribution of the benefits of clean energy in an equitable manner, including by evaluating benefits to eligible communities and equity investment eligible persons;
(2)making clean energy accessible to all, especially eligible persons, through financing opportunities and grants for minority-owned businesses, as defined in the Business Enterprise for Minorities, Women, and Persons with Disabilities Act, and for low-income communities, eligible communities, environmental justice communities, and the businesses that serve these communities; and (3) accelerating the investment of private capital into clean energy projects in a manner reflective of the geographic, racial, ethnic, gender
Free access — add to your briefcase to read the full text and ask questions with AI
Illinois § 850-15 (Purposes; Climate Bank) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 102-662, eff. 9-15-21.)