| | HB 232 would result in no immediate or direct impacts on state revenues. Over time, through allowing for a broader range of facilities to serve as the initial electric generation facility developed, financed, or constructed by the Agency, HB 232 slightly increases the likelihood that the Agency would be required to establish a Resource Development Bureau, hire a Resource Development Bureau Chief, and hire additional staff or outside consultants having expertise in the development, financing, or construction of electric generation or co-generation facilities. Should these costs then need to be borne by the State - and HB 232 does not directly cause such costs to be incurred, but instead merely increases the likelihood that they would be - such costs would range from $200,000 at the lowest estimate to $2-$3 million at the high end depending on the complexity of the electric generating project. These estimates are based on the cost of establishing the Resource Development Bureau and estimates of costs previously incurred by the Agency for complex and resource-intensive Agency activities. Other costs associated with the development of a new electric generating facility would by offset by revenues generated from the output of that facility (which "shall be supplied at cost" under 20 ILCS 3855/1-80(d)). |