Illinois 2023-2024 Regular Session

Illinois House Bill HB5379

Introduced
2/9/24  
Introduced
2/9/24  
Refer
2/28/24  
Refer
2/9/24  
Refer
4/5/24  
Refer
2/28/24  

Caption

IL FINANCE AUTH-CLIMATE BANK

Impact

The proposed legislation seeks to promote not just the development and implementation of clean energy solutions, but also a commitment to high-road labor standards. By incorporating project labor agreements into Climate Bank contracts, the bill underscores the importance of stable and reputable work conditions for construction workers. This aspect aims to not only attract skilled labor but also to support the overall economic growth of the state's clean energy sector. Another significant point is the encouragement of a skilled workforce pipeline targeted toward clean energy jobs, reflecting a dual focus on job creation and environmental sustainability.

Summary

House Bill 5379, introduced by Representative Lawrence "Larry" Walsh, Jr., amends the Illinois Finance Authority Act to establish regulations surrounding projects funded by the Climate Bank. A crucial requirement of this bill is that all Climate Bank-funded projects must include a fully executed project labor agreement. This aims to ensure fair labor practices in construction, mandating adherence to prevailing wages as outlined by both the Prevailing Wage Act and the federal Davis-Bacon Act. Additionally, involvement from apprentices registered in U.S. Department of Labor programs is also required, establishing benchmarks for their participation in these projects.

Contention

While supporters argue that HB5379 will foster a more robust clean energy workforce, opponents may raise concerns regarding the financial implications of enforceable project labor agreements, claiming they may lead to increased project costs. The bill's requirements for adherence to labor standards could provoke debates over local versus state-level governance on labor practices, particularly in regions where local governments may prefer different regulations. Furthermore, the effectiveness of participation benchmarks for apprentices may come under scrutiny, as there are questions about how these efforts will be implemented and monitored within the scope of various projects.

Companion Bills

No companion bills found.

Previously Filed As

IL SF4913

Minnesota Climate Innovation Finance Authority elimination

IL HF4941

Minnesota Climate Innovation Finance Authority eliminated, and debt obligations transferred.

IL SB2306

IFA-CLIMATE RESILIENCE PROJECT

IL HB3541

ILLINOIS CLIMATE WORKS PROGRAM

IL A3903

Establishes Climate Change Mitigation and Resilience Financing Program in NJ Infrastructure Bank; imposes per-kilowatt hour charge on electric energy consumption to finance climate change mitigation and resilience projects.

IL H3937

Creating a climate bank in Massachusetts

IL S786

Creating a climate bank in Massachusetts

IL SB1652

Relating To Climate Change.

IL SB1652

Relating To Climate Change.

IL HB2823

Climate Change Financial Risk Act of 2025

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