Public Act 097-0040
 
SB1241 EnrolledLRB097 07517 CEL 47627 b

    AN ACT concerning regulation.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Illinois Petroleum Education and Marketing
Act is amended by changing Section 10 as follows:
 
    (225 ILCS 728/10)
    (Section scheduled to be repealed on January 1, 2018)
    Sec. 10. Illinois Petroleum Resources Board.
    (a) There is hereby created until January 1, 2018 2016, the
Illinois Petroleum Resources Board, which shall be subject to
the provisions of the Regulatory Sunset Act. The purpose of the
Board is to coordinate a program designed to demonstrate to the
general public the importance of the Illinois oil and gas
exploration and production industry, to encourage the wise and
efficient use of energy, to promote environmentally sound
production methods and technologies, to develop existing
supplies of State oil and gas resources, and to support
research and educational activities concerning the oil and gas
exploration and production industry.
    (b) The Board shall be composed of 12 members to be
appointed as follows:
        (1) Through December 31, 2006, the Governor shall make
    appointments from a list of names submitted by qualified
    producer associations, of which 10 shall be oil and gas
    producers.
        (2) Beginning January 1, 2007, all appointments shall
    be made by the qualified producer associations.
    (c) A member of the Board shall:
        (1) be at least 25 years of age;
        (2) be a resident of the State of Illinois; and
        (3) have at least 5 years of active experience in the
    oil industry.
    (d) Members shall serve for a term of 3 years, except that
of the initial appointments, 4 members shall serve for one
year, 4 members for 2 years, and 4 members for 3 years.
    (e) Vacancies shall be filled for the unexpired term of
office in the same manner as the original appointment.
    (f) The Board shall, at its first meeting, elect one of its
members as chairperson, who shall preside over meetings of the
Board and perform other duties that may be required by the
Board. The first meeting of the Board shall be called by the
Governor.
    (g) No member of the Board shall receive a salary or
reimbursement for duties performed as a member of the Board,
except that members are eligible to receive reimbursement for
travel expenses incurred in the performance of Board duties.
(Source: P.A. 94-1085, eff. 1-19-07; 95-331, eff. 8-21-07.)
 
    Section 99. Effective date. This Act takes effect upon
becoming law.