SB2965 - 104th General Assembly
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| 1 | AN ACT concerning safety. | |||||||||||||||||||||||||||||||
| 2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||||||||||||||
| 3 | represented in the General Assembly: | |||||||||||||||||||||||||||||||
| 4 | Section 5. The State Finance Act is amended by adding | |||||||||||||||||||||||||||||||
| 5 | Section 5.1038 as follows: | |||||||||||||||||||||||||||||||
| 6 | (30 ILCS 105/5.1038 new) | |||||||||||||||||||||||||||||||
| 7 | Sec. 5.1038. The Renewable Fuels Infrastructure Fund. | |||||||||||||||||||||||||||||||
| 8 | Section 10. The Environmental Protection Act is amended by | |||||||||||||||||||||||||||||||
| 9 | adding Title XIX as follows: | |||||||||||||||||||||||||||||||
| 10 | (415 ILCS 5/Tit. XIX heading new) | |||||||||||||||||||||||||||||||
| 11 | TITLE XIX: RENEWABLE FUELS INFRASTRUCTURE PROGRAM | |||||||||||||||||||||||||||||||
| 12 | (415 ILCS 5/60 new) | |||||||||||||||||||||||||||||||
| 13 | Sec. 60. Creation; administration. The General Assembly | |||||||||||||||||||||||||||||||
| 14 | hereby establishes the Renewable Fuels Infrastructure Program | |||||||||||||||||||||||||||||||
| 15 | (RFI Program). The Department of Agriculture shall administer | |||||||||||||||||||||||||||||||
| 16 | the Renewable Infrastructure Program in accordance with the | |||||||||||||||||||||||||||||||
| 17 | terms of this Title. Grants may be awarded from the Renewable | |||||||||||||||||||||||||||||||
| 18 | Fuels Infrastructure Fund to applicants satisfying the | |||||||||||||||||||||||||||||||
| 19 | application and eligibility requirements established by the | |||||||||||||||||||||||||||||||
| 20 | Department of Agriculture, by rule. | |||||||||||||||||||||||||||||||
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| 1 | (415 ILCS 5/60.1 new) | ||||||
| 2 | Sec. 60.1. Renewable Fuels Infrastructure Fund. | ||||||
| 3 | (a) The Renewable Fuels Infrastructure Fund is created as | ||||||
| 4 | a special fund in the State treasury. The Fund may accept | ||||||
| 5 | moneys from any lawful source. Any interest earned on moneys | ||||||
| 6 | in the Fund shall be deposited into the Fund. | ||||||
| 7 | (b) Moneys in the Fund shall be used by the Department of | ||||||
| 8 | Agriculture (1) to provide grants to petroleum marketers, | ||||||
| 9 | petroleum terminal operators, and any other companies that the | ||||||
| 10 | Department of Agriculture, by rule, determines are eligible | ||||||
| 11 | for grant funding under this Title and (2) to pay for the | ||||||
| 12 | administration costs incurred by the Department of Agriculture | ||||||
| 13 | in the management of the grant program. | ||||||
| 14 | (c) An eligible grant recipient shall not receive more | ||||||
| 15 | than $1,000,000 in grant funding under this Title. | ||||||
| 16 | (415 ILCS 5/60.2 new) | ||||||
| 17 | Sec. 60.2. Funding. From July 1, 2026, to June 30, 2027, | ||||||
| 18 | the Comptroller shall order transferred, and the Treasurer | ||||||
| 19 | shall transfer, $3,000,000 each calendar quarter from the | ||||||
| 20 | Underground Storage Tank Fund to the Renewable Fuels | ||||||
| 21 | Infrastructure Fund for the purpose of establishing a grant | ||||||
| 22 | program funding the installation of equipment for the storage | ||||||
| 23 | and dispensing of fuels with higher blends of ethanol or | ||||||
| 24 | biodiesel feedstock. In this Section, "higher blends" means | ||||||
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| 1 | gasoline blends greater than E-10 and biodiesel blends greater | ||||||
| 2 | than B-10. No transfer shall take place from the Underground | ||||||
| 3 | Storage Tank Fund to the Renewable Fuels Infrastructure Fund | ||||||
| 4 | in any calendar quarter from July 1, 2026, to June 30, 2027, if | ||||||
| 5 | the Underground Storage Tank Fund has a balance at or below | ||||||
| 6 | $50,000,000. | ||||||
| 7 | (415 ILCS 5/60.3 new) | ||||||
| 8 | Sec. 60.3. Eligibility. Eligible recipients for grant | ||||||
| 9 | funding under this Title are exclusively limited to retail | ||||||
| 10 | petroleum marketers, petroleum terminal operators, and any | ||||||
| 11 | other related companies identified by the Department of | ||||||
| 12 | Agriculture, by rule. No funding shall be made available to | ||||||
| 13 | any public body pursuant to this Title. Applicants for grant | ||||||
| 14 | funding under this Title are responsible for covering at least | ||||||
| 15 | 50% of the costs associated with installing the equipment for | ||||||
| 16 | which grant funding is provided under this Title. A company | ||||||
| 17 | may not apply for more than $1,000,000 in grant funding under | ||||||
| 18 | this Title or more than $100,000 for any one site. | ||||||
| 19 | In this Section, "public body" has the meaning given to | ||||||
| 20 | that term in Section 1.02 of the Open Meetings Act. | ||||||
| 21 | (415 ILCS 5/60.4 new) | ||||||
| 22 | Sec. 60.4. Expenditures. Eligible expenditures from the | ||||||
| 23 | Renewable Fuels Infrastructure Fund include tank | ||||||
| 24 | modifications, tanks, piping, fuel dispensers, and any other | ||||||
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| 1 | equipment deemed necessary by the Department of Agriculture, | ||||||
| 2 | by rule. | ||||||
| 3 | Section 99. Effective date. This Act takes effect upon | ||||||
| 4 | becoming law. | ||||||
