State of Illinois
90th General Assembly
Legislation

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[ Introduced ][ Engrossed ][ Senate Amendment 001 ]
[ Senate Amendment 002 ]

90_SB0524enr

      30 ILCS 105/5.449 new
      20 ILCS 1105/8            from Ch. 96 1/2, par. 7408
      20 ILCS 1105/8.1 new
      20 ILCS 1105/8.2 new
      35 ILCS 105/9             from Ch. 120, par. 439.9
      35 ILCS 110/9             from Ch. 120, par. 439.39
      35 ILCS 115/9             from Ch. 120, par. 439.109
      35 ILCS 120/3             from Ch. 120, par. 442
          Amends the Use Tax Act, the  Service  Use  Tax  Act,  the
      Service Occupation Tax Act, and the Retailers' Occupation Tax
      Act.   Provides that money received under those Acts as taxes
      on the sale of coal shall be deposited into the Illinois Coal
      Resurgence Fund.  Amends the State Finance Act to create  the
      Fund.   Amends  the  Energy Conservation and Coal Development
      Act to provide that the Department of Commerce and  Community
      Affairs, with approval of the Coal Development Board, subject
      to  appropriation  by  the General Assembly, shall administer
      the Fund and fund projects by making grants  or  low-interest
      long-term  loans  to assist in reopening closed Illinois coal
      mines, keeping existing coal mines operating, developing  new
      markets  for  Illinois coal, funding the shipping of Illinois
      coal to new markets, constructing and opening coal conversion
      parks in Illinois, and providing incentives  to  attract  new
      businesses  that  use  coal or coal byproducts to relocate in
      Illinois.  Effective immediately.
                                                     LRB9001867KDpk
SB524 Enrolled                                 LRB9001867KDpk
 1        AN ACT in relation to natural resources.
 2        Be it enacted by the People of  the  State  of  Illinois,
 3    represented in the General Assembly:
 4        Section  5.  The Energy Conservation and Coal Development
 5    Act is amended by adding Section 8.1 as follows:
 6        (20 ILCS 1105/8.1 new)
 7        Sec. 8.1.  The Illinois  Coal  Resurgence  Program.   The
 8    Department  shall  administer  the  Illinois  Coal Resurgence
 9    Program.  The Department shall have the following  powers  in
10    accordance with Section 7 of the General Obligation Bond Act:
11             (1)  To  assist  in the reopening of closed Illinois
12        mines.
13             (2)  To assist in allowing  existing  Illinois  coal
14        mines to remain operating.
15             (3)  To  assist  in  developing  new  markets  (both
16        domestic and foreign) for Illinois coal.
17             (4)  To assist in funding the cost of transportation
18        of  Illinois  coal  to new markets and the development of
19        related infrastructure.
20             (5)  To assist in funding the cost  of  construction
21        and development of coal conversion parks in Illinois.
22             (6)  To  assist  in  providing incentives to attract
23        new businesses that use  coal  or  by-products  developed
24        from coal or its conversion to relocate in Illinois.
25             (7)  To assist in hiring consultants, engineers, and
26        other experts to assist in providing feasibility work  in
27        connection with projects whose funding would otherwise be
28        authorized under this Act.
29        Section  10.  The  General Obligation Bond Act is amended
30    by changing Section 7 as follows:
SB524 Enrolled              -2-                LRB9001867KDpk
 1        (30 ILCS 330/7) (from Ch. 127, par. 657)
 2        Sec. 7. Coal  and  Energy  Development.   The  amount  of
 3    $160,000,000  is  authorized  to be used by the Department of
 4    Commerce  and  Community  Affairs   for   coal   and   energy
 5    development  purposes,  pursuant  to Sections 2, 3 and 3.1 of
 6    the Illinois Coal and Energy Development Bond  Act,  and  for
 7    the   purposes   specified  in  Section  8.1  of  the  Energy
 8    Conservation  and  Coal  Development  Act.   Of  this  amount
 9    $115,000,000 is for the  specific  purposes  of  acquisition,
10    development,   construction,   reconstruction,   improvement,
11    financing,   architectural   and   technical   planning   and
12    installation  of  capital facilities consisting of buildings,
13    structures, durable equipment, and land for  the  purpose  of
14    capital  development  of  coal resources within the State and
15    for the purposes specified  in  Section  8.1  of  the  Energy
16    Conservation and Coal Development Act, $35,000,000 is for the
17    purposes  specified in Section 8.1 of the Energy Conservation
18    and Coal Development Act and making a grant to the owner of a
19    generating station located in Illinois and  having  at  least
20    three  coal-fired  generating  units  with  accredited summer
21    capability greater than 500 megawatts each at such generating
22    station as provided  in  Section  6  of  that  Bond  Act  and
23    $10,000,000 is for research, development and demonstration of
24    forms  of energy other than that derived from coal, either on
25    or off State property.
26    (Source: P.A. 88-472; 89-445, eff. 2-7-96.)
27        Section 99.  Effective date.  This Act takes effect  upon
28    becoming law.

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