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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
SB2315

Introduced 2/7/2025, by Sen. Laura Ellman

SYNOPSIS AS INTRODUCED:

30 ILCS 425/4

from Ch. 127, par. 2804

Amends the Build Illinois Bond Act. Authorizes bonds to be issued
under the Act for the purpose of making of grants to units of local
government, including counties and park districts, through the Illinois
Green Infrastructure Grant Program to restore and protect shorelines in
the State.
LRB104 10464 BDA 20539 b

A BILL FOR

SB2315
LRB104 10464 BDA 20539 b
1

AN ACT concerning finance.

2

Be it enacted by the People of the State of Illinois,
3
represented in the General Assembly:

4

Section 5.
The Build Illinois Bond Act is amended by
5
changing Section 4 as follows:

6

(30 ILCS 425/4)

(from Ch. 127, par. 2804)
7

Sec. 4.
Purposes of Bonds.
Bonds shall be issued for the
8
following purposes and in the approximate amounts as set forth
9
below:
10

(a) $4,741,094,533 for the expenses of issuance and sale
11
of Bonds, including bond discounts, and for planning,
12
engineering, acquisition, construction, reconstruction,
13
development, improvement, demolition, and extension of the
14
public infrastructure in the State of Illinois, including: the
15
making of loans or grants to local governments for waste
16
disposal systems, water and sewer line extensions and water
17
distribution and purification facilities, rail or air or water
18
port improvements, gas and electric utility extensions,
19
publicly owned industrial and commercial sites, buildings used
20
for public administration purposes and other public
21
infrastructure capital improvements; the making of loans or
22
grants to units of local government for financing and
23
construction of wastewater facilities, including grants to

SB2315
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LRB104 10464 BDA 20539 b
1
serve unincorporated areas; refinancing or retiring bonds
2
issued between January 1, 1987 and January 1, 1990 by home rule
3
municipalities, debt service on which is provided from a tax
4
imposed by home rule municipalities prior to January 1, 1990
5
on the sale of food and drugs pursuant to Section 8-11-1 of the
6
Home Rule Municipal Retailers' Occupation Tax Act or Section
7
8-11-5 of the Home Rule Municipal Service Occupation Tax Act;
8
the making of deposits not to exceed $70,000,000 in the
9
aggregate into the Water Pollution Control Revolving Fund to
10
provide assistance in accordance with the provisions of Title
11
IV-A of the Environmental Protection Act; the planning,
12
engineering, acquisition, construction, reconstruction,
13
alteration, expansion, extension and improvement of highways,
14
bridges, structures separating highways and railroads, rest
15
areas, interchanges, access roads to and from any State or
16
local highway and other transportation improvement projects
17
which are related to economic development activities; the
18
making of loans or grants for planning, engineering,
19
rehabilitation, improvement or construction of rail and
20
transit facilities; the planning, engineering, acquisition,
21
construction, reconstruction and improvement of watershed,
22
drainage, flood control, recreation and related improvements
23
and facilities, including expenses related to land and
24
easement acquisition, relocation, control structures, channel
25
work and clearing and appurtenant work; the planning,
26
engineering, acquisition, construction, reconstruction and

SB2315
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LRB104 10464 BDA 20539 b
1
improvement of State facilities and related infrastructure;
2
the making of Park and Recreational Facilities Construction
3
(PARC) grants; the making of grants to units of local
4
government for community development capital projects; the
5
making of grants for improvement and development of zoos and
6
park district field houses and related structures; and the
7
making of grants for improvement and development of Navy Pier
8
and related structures.
9

(b) $3,554,636,967 for fostering economic development and
10
increased employment and fostering the well being of the
11
citizens of Illinois through community development, including:
12
the making of grants for improvement and development of
13
McCormick Place and related structures; the planning and
14
construction of a microelectronics research center, including
15
the planning, engineering, construction, improvement,
16
renovation and acquisition of buildings, equipment and related
17
utility support systems; the making of loans to businesses and
18
investments in small businesses; acquiring real properties for
19
industrial or commercial site development; acquiring,
20
rehabilitating and reconveying industrial and commercial
21
properties for the purpose of expanding employment and
22
encouraging private and other public sector investment in the
23
economy of Illinois; the payment of expenses associated with
24
siting the Superconducting Super Collider Particle Accelerator
25
in Illinois and with its acquisition, construction,
26
maintenance, operation, promotion and support; the making of

SB2315
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LRB104 10464 BDA 20539 b
1
loans for the planning, engineering, acquisition,
2
construction, improvement and conversion of facilities and
3
equipment which will foster the use of Illinois coal; the
4
payment of expenses associated with the promotion,
5
establishment, acquisition and operation of small business
6
incubator facilities and agribusiness research facilities,
7
including the lease, purchase, renovation, planning,
8
engineering, construction and maintenance of buildings,
9
utility support systems and equipment designated for such
10
purposes and the establishment and maintenance of centralized
11
support services within such facilities; the making of grants
12
for transportation electrification infrastructure projects
13
that promote use of clean and renewable energy; the making of
14
capital expenditures and grants for broadband development and
15
for a statewide broadband deployment grant program; the making
16
of grants to public entities and private persons and entities
17
for community development capital projects; the making of
18
grants to public entities and private persons and entities for
19
capital projects in the context of grant programs focused on
20
assisting economically depressed areas, expanding affordable
21
housing, supporting the provision of human services,
22
supporting emerging technology enterprises, fostering the
23
advancement of quantum information science and technology, and
24
supporting minority owned businesses; and the making of grants
25
or loans to units of local government for Urban Development
26
Action Grant and Housing Partnership programs.

SB2315
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LRB104 10464 BDA 20539 b
1

(c) $2,785,076,600 for the development and improvement of
2
educational, scientific, technical and vocational programs and
3
facilities and the expansion of health and human services for
4
all citizens of Illinois, including: the making of grants to
5
school districts and not-for-profit organizations for early
6
childhood construction projects pursuant to Section 5-300 of
7
the School Construction Law; the making of grants to
8
educational institutions for educational, scientific,
9
technical and vocational program equipment and facilities; the
10
making of grants to museums for equipment and facilities; the
11
making of construction and improvement grants and loans to
12
public libraries and library systems; the making of grants and
13
loans for planning, engineering, acquisition and construction
14
of a new State central library in Springfield; the planning,
15
engineering, acquisition and construction of an animal and
16
dairy sciences facility; the planning, engineering,
17
acquisition and construction of a campus and all related
18
buildings, facilities, equipment and materials for Richland
19
Community College; the acquisition, rehabilitation and
20
installation of equipment and materials for scientific and
21
historical surveys; the making of grants or loans for
22
distribution to eligible vocational education instructional
23
programs for the upgrading of vocational education programs,
24
school shops and laboratories, including the acquisition,
25
rehabilitation and installation of technical equipment and
26
materials; the making of grants or loans for distribution to

SB2315
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LRB104 10464 BDA 20539 b
1
eligible local educational agencies for the upgrading of math
2
and science instructional programs, including the acquisition
3
of instructional equipment and materials; miscellaneous
4
capital improvements for universities and community colleges
5
including the planning, engineering, construction,
6
reconstruction, remodeling, improvement, repair and
7
installation of capital facilities and costs of planning,
8
supplies, equipment, materials, services, and all other
9
required expenses; the making of grants or loans for repair,
10
renovation and miscellaneous capital improvements for
11
privately operated colleges and universities and community
12
colleges, including the planning, engineering, acquisition,
13
construction, reconstruction, remodeling, improvement, repair
14
and installation of capital facilities and costs of planning,
15
supplies, equipment, materials, services, and all other
16
required expenses; and the making of grants or loans for
17
distribution to local governments for hospital and other
18
health care facilities including the planning, engineering,
19
acquisition, construction, reconstruction, remodeling,
20
improvement, repair and installation of capital facilities and
21
costs of planning, supplies, equipment, materials, services
22
and all other required expenses.
23

(d) $277,873,000 for protection, preservation, restoration
24
and conservation of environmental and natural resources,
25
including: the making of grants to soil and water conservation
26
districts for the planning and implementation of conservation

SB2315
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LRB104 10464 BDA 20539 b
1
practices and for funding contracts with the Soil Conservation
2
Service for watershed planning; the making of grants to units
3
of local government for the capital development and
4
improvement of recreation areas, including planning and
5
engineering costs, sewer projects, including planning and
6
engineering costs and water projects, including planning and
7
engineering costs, and for the acquisition of open space
8
lands, including the acquisition of easements and other
9
property interests of less than fee simple ownership; the
10
making of grants to units of local government
, including
11
counties and park districts,
through the Illinois Green
12
Infrastructure Grant Program to protect water quality
,

and

13
mitigate flooding
, and restore and protect shorelines in the
14
State
; the acquisition and related costs and development and
15
management of natural heritage lands, including natural areas
16
and areas providing habitat for endangered species and nongame
17
wildlife, and buffer area lands; the acquisition and related
18
costs and development and management of habitat lands,
19
including forest, wildlife habitat and wetlands; and the
20
removal and disposition of hazardous substances, including the
21
cost of project management, equipment, laboratory analysis,
22
and contractual services necessary for preventative and
23
corrective actions related to the preservation, restoration
24
and conservation of the environment, including deposits not to
25
exceed $60,000,000 in the aggregate into the Hazardous Waste
26
Fund and the Brownfields Redevelopment Fund for improvements

SB2315
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LRB104 10464 BDA 20539 b
1
in accordance with the provisions of Titles V and XVII of the
2
Environmental Protection Act.
3

(e) The amount specified in paragraph (a) above shall
4
include an amount necessary to pay reasonable expenses of each
5
issuance and sale of the Bonds, as specified in the related
6
Bond Sale Order (hereinafter defined).
7

(f) Any unexpended proceeds from any sale of Bonds which
8
are held in the Build Illinois Bond Fund may be used to redeem,
9
purchase, advance refund, or defease any Bonds outstanding.
10
(Source: P.A. 103-7, eff. 7-1-23; 103-591, eff. 7-1-24.)

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