[ Search ] [ Legislation ] [ Bill Summary ]
[ Home ] [ Back ] [ Bottom ]
| [ Introduced ] | [ Engrossed ] | [ Enrolled ] |
| [ Senate Amendment 001 ] |
90_SB0524sam002
LRB9001867KDksam01
1 AMENDMENT TO SENATE BILL 524
2 AMENDMENT NO. . Amend Senate Bill 524 by replacing
3 the title with the following:
4 "AN ACT in relation to natural resources."; and
5 by replacing everything after the enacting clause with the
6 following:
7 "Section 5. The Energy Conservation and Coal Development
8 Act is amended by adding Section 8.1 as follows:
9 (20 ILCS 1105/8.1 new)
10 Sec. 8.1. The Illinois Coal Resurgence Program. The
11 Department shall administer the Illinois Coal Resurgence
12 Program. The Department shall have the following powers in
13 accordance with Section 7 of the General Obligation Bond Act:
14 (1) To assist in the reopening of closed Illinois
15 mines.
16 (2) To assist in allowing existing Illinois coal
17 mines to remain operating.
18 (3) To assist in developing new markets (both
19 domestic and foreign) for Illinois coal.
20 (4) To assist in funding the cost of transportation
-2- LRB9001867KDksam01
1 of Illinois coal to new markets and the development of
2 related infra-structure.
3 (5) To assist in funding the cost of construction
4 and development of coal conversion parks in Illinois.
5 (6) To assist in providing incentives to attract
6 new businesses that use coal or by-products developed
7 from coal or its conversion to relocate in Illinois.
8 (7) To assist in hiring consultants, engineers, and
9 other experts to assist in providing feasibility work in
10 connection with projects whose funding would otherwise be
11 authorized under this Act.
12 Section 10. The General Obligation Bond Act is amended
13 by changing Section 7 as follows:
14 (30 ILCS 330/7) (from Ch. 127, par. 657)
15 Sec. 7. Coal and Energy Development. The amount of
16 $160,000,000 is authorized to be used by the Department of
17 Commerce and Community Affairs for coal and energy
18 development purposes, pursuant to Sections 2, 3 and 3.1 of
19 the Illinois Coal and Energy Development Bond Act, and for
20 the purposes specified in Section 8.1 of the Energy
21 Conservation and Coal Development Act. Of this amount
22 $115,000,000 is for the specific purposes of acquisition,
23 development, construction, reconstruction, improvement,
24 financing, architectural and technical planning and
25 installation of capital facilities consisting of buildings,
26 structures, durable equipment, and land for the purpose of
27 capital development of coal resources within the State and
28 for the purposes specified in Section 8.1 of the Energy
29 Conservation and Coal Development Act, $35,000,000 is for the
30 purposes specified in Section 8.1 of the Energy Conservation
31 and Coal Development Act and making a grant to the owner of a
32 generating station located in Illinois and having at least
-3- LRB9001867KDksam01
1 three coal-fired generating units with accredited summer
2 capability greater than 500 megawatts each at such generating
3 station as provided in Section 6 of that Bond Act and
4 $10,000,000 is for research, development and demonstration of
5 forms of energy other than that derived from coal, either on
6 or off State property.
7 (Source: P.A. 88-472; 89-445, eff. 2-7-96.)
8 Section 99. Effective date. This Act takes effect upon
9 becoming law.".