(a) A fund to be called the Renewable Energy Resources Trust Fund is hereby established in the State Treasury.
     (b) The Renewable Energy Resources Trust Fund shall be administered by the Agency to provide grants, loans, and other incentives to foster investment in and the development and use of renewable energy resources as provided in Section 6-3 of this Law or pursuant to the Illinois Renewable Fuels Development Program Act.

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Terms Used In Illinois Compiled Statutes 20 ILCS 687/6-4

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14

     (c) All funds used by the Agency for the Renewable Energy Resources Program shall be subject to appropriation by the General Assembly.