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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012 SB1241 Introduced 2/8/2011, by Sen. John O. Jones SYNOPSIS AS INTRODUCED: |
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Amends the Illinois Petroleum Education and Marketing Act. Extends the Illinois Petroleum Resources Board applicability to January 1, 2018 from January 1, 2016. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | SB1241 | | LRB097 07517 CEL 47627 b |
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1 | | AN ACT concerning regulation.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Petroleum Education and Marketing |
5 | | Act is amended by changing Section 10 as follows:
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6 | | (225 ILCS 728/10)
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7 | | (Section scheduled to be repealed on January 1, 2018)
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8 | | Sec. 10. Illinois Petroleum Resources Board.
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9 | | (a) There is hereby created until January 1, 2018 2016 , the |
10 | | Illinois Petroleum
Resources Board, which shall be subject to |
11 | | the provisions of the Regulatory
Sunset Act. The purpose of the |
12 | | Board is to coordinate a program designed to
demonstrate to the |
13 | | general public the importance of the Illinois oil
and gas
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14 | | exploration and production industry, to encourage the wise and |
15 | | efficient use of
energy, to promote environmentally
sound |
16 | | production methods and technologies, to develop existing |
17 | | supplies of
State oil and gas resources, and to support |
18 | | research and educational activities
concerning the oil and gas
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19 | | exploration and production industry.
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20 | | (b) The Board shall be composed of 12 members to be
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21 | | appointed as follows: |
22 | | (1) Through December 31, 2006, the Governor shall make |
23 | | appointments from a
list of names submitted by qualified |