Chapter 20 — EXECUTIVE BRANCH

(20 ILCS 3805/7.29) Sec. 7.29. National Guard and Reservist homebuyer assistance. (a) Subject to appropriation, the Authority shall establish and administer a guardsman and reservist homebuyer assistance program. Under the program, an eligible applicant may apply to a lender appr…

(20 ILCS 3805/7.3) (from Ch. 67 1/2, par. 307.3) Sec. 7.3. The Authority may undertake and carry out studies and analyses of housing needs within the State and study ways of meeting such needs. (Source: P.A. 76-1175.)

(20 ILCS 3805/7.30) Sec. 7.30. Foreclosure Prevention Program. (a) The Authority shall establish and administer a Foreclosure Prevention Program. The Authority shall use moneys in the Foreclosure Prevention Program Fund, and any other funds appropriated for this purpose, to make …

(20 ILCS 3805/7.31) Sec. 7.31. Abandoned Residential Property Municipality Relief Program. (a) The Authority shall establish and administer an Abandoned Residential Property Municipality Relief Program. The Authority shall use moneys in the Abandoned Residential Property Municipa…

(20 ILCS 3805/7.32) Sec. 7.32. American Rescue Plan Homeowner Assistance and Emergency Rental Assistance. The Authority may receive, directly or indirectly, federal funds from the Homeowner Assistance Fund authorized under Section 3206 of the federal American Rescue Plan Act of 2…

(20 ILCS 3805/7.33) Sec. 7.33. Urban and suburban gardening at affordable housing projects. (a) Findings. The General Assembly finds that the long-term sustainability of the Illinois communities depends upon improved uses of land that has already been developed. The General Assem…

(20 ILCS 3805/7.4) (from Ch. 67 1/2, par. 307.4) Sec. 7.4. The Authority may collect fees and charges in connection with its loans, commitments and servicing; and may provide technical assistance in the development of housing for low and moderate income persons and may charge and…

(20 ILCS 3805/7.5) (from Ch. 67 1/2, par. 307.5) Sec. 7.5. The Authority may encourage research in demonstration projects to develop new and better techniques and methods for increasing the quality and supply of housing for low and moderate income persons, and make grants or loan…

(20 ILCS 3805/7.6) (from Ch. 67 1/2, par. 307.6) Sec. 7.6. The Authority may adopt by-laws for the regulation of its affairs and the conduct of its business. (Source: P.A. 76-1175.)

(20 ILCS 3805/7.7) (from Ch. 67 1/2, par. 307.7) Sec. 7.7. The Authority may adopt an official seal. (Source: P.A. 76-1175.)

(20 ILCS 3805/7.8) (from Ch. 67 1/2, par. 307.8) Sec. 7.8. The Authority may sue and be sued in its own name. Upon application to a court of proper jurisdiction, injunctive relief shall issue in aid of the Authority's powers enumerated in Section 7.1 through 7.26 and subsections …

(20 ILCS 3805/7.9) (from Ch. 67 1/2, par. 307.9) Sec. 7.9. The Authority may make and execute contracts and all other instruments necessary or convenient for the exercise of its power and functions. (Source: P.A. 76-1175.)

(20 ILCS 3805/8) (from Ch. 67 1/2, par. 308) Sec. 8. The Authority may, pursuant to its rules or regulations, or pursuant to agreements with persons to whom it makes mortgage or other loans, provide for methods of limiting profits or cash flow or other distributions available to …

(20 ILCS 3805/8.1) (from Ch. 67 1/2, par. 308.1) Sec. 8.1. With respect to mortgage loans for developments financed by the issuance of the Authority's bonds and notes and not covered under the Low-Income Housing Preservation and Resident Homeownership Act of 1990 (12 U.S.C. 4101 …

(20 ILCS 3805/9) (from Ch. 67 1/2, par. 309) Sec. 9. The ratio of loan to development cost and the amortization period of loans made by the Authority shall be determined in accordance with regulations formulated and published by the Authority. (Source: P.A. 76-1175.)

(20 ILCS 3820/1) Sec. 1. Short title. This Act may be cited as the Illinois Investment and Development Authority Act. (Source: P.A. 92-864, eff. 6-1-03.)

(20 ILCS 3820/10) Sec. 10. Definitions. In this Act: "Authority" means the Illinois Investment and Development Authority. "Community development financial institution" or "CDFI" means an Illinois community development financial institution certified in accordance with the federal…

(20 ILCS 3820/15) Sec. 15. Creation of Illinois Investment and Development Authority; members. (a) There is created a political subdivision, body politic and corporate, to be known as the Illinois Investment and Development Authority. The exercise by the Authority of the powers c…

(20 ILCS 3820/20) Sec. 20. Executive Director; other employees. The members of the Authority shall appoint an Executive Director to hold office at the pleasure of the members. The Executive Director shall be the chief administrative and operational officer of the Authority, shall…

(20 ILCS 3820/25) Sec. 25. Powers of Authority. (a) The Authority possesses all the powers as a body corporate necessary and convenient to accomplish the purposes of this Act, including, without any intended limitation upon the general powers hereby conferred, all of the followin…

(20 ILCS 3820/30) Sec. 30. Office. The Authority may maintain an office or branch office anywhere in this State and may utilize, without the payment of rent, any office facilities that the State may conveniently make available to the Authority. (Source: P.A. 92-864, eff. 6-1-03.)…

(20 ILCS 3820/35) Sec. 35. Secretary; treasurer; funds. (a) The Authority shall appoint a secretary and treasurer, who may be a member or members of the Authority, to hold office at the pleasure of the Authority. Before entering upon the duties of the respective offices, the pers…

(20 ILCS 3820/40) Sec. 40. Conflict of interest. (a) No member, officer, agent, or employee of the Authority shall, in his or her own name or in the name of a nominee, be an officer or director or hold an ownership interest of more than 7.5% in any person, association, trust, cor…

(20 ILCS 3820/45) Sec. 45. Audit; fiscal year; report. The accounts and books of the Authority, including its receipts, disbursements, contracts, and other matters relating to its finances, operation, and affairs shall be examined and audited at least once within each 2-year peri…

(20 ILCS 3820/5) Sec. 5. Purpose. The purpose of this Act is to create a State entity to support the creation and growth of community development financial institutions, which provide access to capital for business development, capital investments, and other financing to expand p…

(20 ILCS 3820/50) Sec. 50. Accreditation. (a) A CDFI must be accredited by the Authority in order to receive assistance from the Authority, unless otherwise specified in this Act. The Authority may revoke accreditation from a CDFI that no longer meets the Authority's accreditatio…

(20 ILCS 3820/55) Sec. 55. Authority's responsibilities. (a) The Authority shall make grants and low-rate loans to CDFIs so that CDFIs may fill a credit gap by engaging in below market rate financing in economically disadvantaged communities and to low income people. As part of a…

(20 ILCS 3820/60) Sec. 60. Authority grants. The Authority may issue grants to CDFIs or to nonprofit organizations that are attempting to obtain federal certification or Authority accreditation as a CDFI. The Authority may issue, in a manner consistent with subsection (c) of Sect…

(20 ILCS 3820/65) Sec. 65. Authority loans. The Authority may make loans to CDFIs, from moneys appropriated for this purpose, on such terms and conditions as the Authority may determine. Loans shall be made and used in a manner consistent with the requirements of the federal Comm…

(20 ILCS 3820/70) Sec. 70. Community development loans. (a) CDFIs that receive loans from the Authority under Section 65 of this Act shall make and use community development loans pursuant to guidelines established by the Authority and in a manner consistent with the federal Comm…

(20 ILCS 3820/75) Sec. 75. Report to General Assembly. Within 90 days after the end of each fiscal year, the Authority shall prepare a report for that fiscal year and file it with the General Assembly as provided in Section 3.1 of the General Assembly Organization Act. The report…

(20 ILCS 3855/1-1) Sec. 1-1. Short title. This Article may be cited as the Illinois Power Agency Act. References in this Article to "this Act" mean this Article. (Source: P.A. 95-481, eff. 8-28-07.)

(20 ILCS 3855/1-10) (Text of Section before amendment by P.A. 104-458) Sec. 1-10. Definitions. "Agency" means the Illinois Power Agency. "Agency loan agreement" means any agreement pursuant to which the Illinois Finance Authority agrees to loan the proceeds of revenue bonds issue…

(20 ILCS 3855/1-100) Sec. 1-100. Timely payment to Agency. Any party receiving electricity shall make timely payment on all bills rendered by the Agency. Any violation of contractual terms by a party receiving electricity from an Agency facility is grounds for cancellation and te…

(20 ILCS 3855/1-105) Sec. 1-105. Deposit of revenue. All revenue from contracts described in Section 1-80(d) shall be deposited into the Illinois Power Agency Facilities Fund. (Source: P.A. 95-481, eff. 8-28-07.)

(20 ILCS 3855/1-110) Sec. 1-110. State Police reimbursement. The Agency shall reimburse the Illinois State Police for any expenses associated with security at facilities from the Illinois Power Agency Facilities Fund. (Source: P.A. 102-538, eff. 8-20-21.)

(20 ILCS 3855/1-115) Sec. 1-115. Revenue from real estate. All revenue from any sale, conveyance, lease, exchange, transfer, abandonment, or other disposition of real property shall be deposited into the Illinois Power Agency Facilities Fund. (Source: P.A. 95-481, eff. 8-28-07.)…

(20 ILCS 3855/1-120) Sec. 1-120. Protection of confidential and proprietary information. The Agency shall provide adequate protection for confidential and proprietary information furnished, delivered, or filed by any person, corporation, or other entity. (Source: P.A. 95-481, eff…

(20 ILCS 3855/1-125) (Text of Section before amendment by P.A. 104-458) Sec. 1-125. Agency annual reports. (a) By February 15 of each year, the Agency shall report annually to the Governor and the General Assembly on the operations and transactions of the Agency. The annual repor…

(20 ILCS 3855/1-127) Sec. 1-127. Minority owned businesses, female owned businesses, and businesses owned by persons with disabilities; reports. (a) The Director of the Illinois Power Agency, or his or her designee, when offering bids for professional services, shall conduct outr…

(20 ILCS 3855/1-128) Sec. 1-128. Nonprofit Electric Generation Task Force. (a) By January 1, 2028, the Nonprofit Electric Generation Task Force shall be established to assess the technological, economic, and regulatory feasibility as well as legislative support mechanisms necessa…

(20 ILCS 3855/1-129) Sec. 1-129. Policy study. (a) The General Assembly finds that: (1) in 2021, Illinois became the first state in the Midwest to mandate a clean energy future when it enacted the Climate and Equitable Jobs Act (Public Act 102-662); (2) through the Climate and Eq…

(20 ILCS 3855/1-130) (Section scheduled to be repealed on January 1, 2028) Sec. 1-130. Home rule preemption. (a) The authorization to impose any new taxes or fees specifically related to the generation of electricity by, the capacity to generate electricity by, or the emissions i…

(20 ILCS 3855/1-15) Sec. 1-15. Illinois Power Agency. (a) For the purpose of effectuating the policy declared in Section 1-5 of this Act, a State agency known as the Illinois Power Agency is created. The Agency shall exercise governmental and public powers, be perpetual in durati…

(20 ILCS 3855/1-20) (Text of Section before amendment by P.A. 104-458) Sec. 1-20. General powers and duties of the Agency. (a) The Agency is authorized to do each of the following: (1) Develop electricity procurement plans to ensure adequate, reliable, affordable, efficient, and …

(20 ILCS 3855/1-21) Sec. 1-21. Eminent domain. The Agency may take and acquire possession by eminent domain of any property or interest in property that the Agency is authorized to acquire under this Act for the construction, maintenance, or operation of a facility with the conse…

(20 ILCS 3855/1-22) Sec. 1-22. Authority of the Illinois Commerce Commission. Nothing in this Act infringes upon the authority granted to the Commission. (Source: P.A. 95-481, eff. 8-28-07.)

(20 ILCS 3855/1-25) Sec. 1-25. Agency subject to other laws. Unless otherwise stated, the Agency is subject to the provisions of all applicable laws, including but not limited to, each of the following: (1) The State Records Act. (2) The Illinois Procurement Code, except that the…

(20 ILCS 3855/1-30.1) Sec. 1-30.1. Administrative Procedure Act applies. The provisions of the Illinois Administrative Procedure Act are expressly adopted and incorporated into this Act, and apply to all administrative rules and procedures of the Agency. (Source: P.A. 95-481, eff…

(20 ILCS 3855/1-30.2) Sec. 1-30.2. Administrative Review Law applies. Any final administrative decision of the Agency, or of the Director of the Agency, that is not subject to review by the Commission, is subject to review under the provisions of the Administrative Review Law. (S…