HB5866 98TH GENERAL ASSEMBLY

LRB098 17966 HLH 53091 b

98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB5866

Introduced , by Rep. Ann Williams

SYNOPSIS AS INTRODUCED:

20 ILCS 687/6-7
30 ILCS 730/3	from Ch. 96 1/2, par. 8203
30 ILCS 730/4	from Ch. 96 1/2, par. 8204

Amends the Renewable Energy, Energy Efficiency, and Coal Resources Development Law of 1997. Extends the sunset of the Act until December 12, 2025. Amends the Illinois Coal Technology Development Assistance Act. Provides that, beginning on the effective date of the amendatory Act, any amounts that were required to be transferred to the Coal Technology Development Assistance Fund shall instead be transferred to the Renewable Energy Resources Fund. Provides that, upon the expenditure of all of the moneys remaining in the Coal Technology Development Assistance Fund on the effective date of the amendatory Act, that Fund shall be dissolved. Effective immediately.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning State government.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Renewable Energy, Energy Efficiency, and Coal Resources Development Law of 1997 is amended by changing Section 6-7 as follows:

(20 ILCS 687/6-7)

(Section scheduled to be repealed on December 12, 2015)

Sec. 6-7. Repeal. The provisions of this Law are repealed on December 12, 2025 December 12, 2015.

(Source: P.A. 95-481, eff. 8-28-07.)

Section 10. The Illinois Coal Technology Development Assistance Act is amended by changing Sections 3 and 4 as follows:

(30 ILCS 730/3) (from Ch. 96 1/2, par. 8203)

Sec. 3. Transfers to Coal Technology Development Assistance Funds. As soon as may be practicable after the first day of each month, the Department of Revenue shall certify to the Treasurer an amount equal to 1/64 of the revenue realized from the tax imposed by the Electricity Excise Tax Law, Section 2 of the Public Utilities Revenue Act, Section 2 of the Messages Tax Act, and Section 2 of the Gas Revenue Tax Act, during the preceding month. Upon receipt of the certification, the Treasurer shall transfer the amount shown on such certification from the General Revenue Fund to the Coal Technology Development Assistance Fund, which is hereby created as a special fund in the State treasury, except that no transfer shall be made in any month in which the Fund has reached the following balance:

(1) $7,000,000 during fiscal year 1994.

(2) $8,500,000 during fiscal year 1995.

(3) $10,000,000 during fiscal years 1996 and 1997.

(4) During fiscal year 1998 through fiscal year 2004, an amount equal to the sum of $10,000,000 plus additional moneys deposited into the Coal Technology Development Assistance Fund from the Renewable Energy Resources and Coal Technology Development Assistance Charge under Section 6.5 of the Renewable Energy, Energy Efficiency, and Coal Resources Development Law of 1997.

(5) During fiscal year 2005, an amount equal to the sum of $7,000,000 plus additional moneys deposited into the Coal Technology Development Assistance Fund from the Renewable Energy Resources and Coal Technology Development Assistance Charge under Section 6.5 of the Renewable Energy, Energy Efficiency, and Coal Resources Development Law of 1997.

(6) During fiscal year 2006 and each fiscal year thereafter, an amount equal to the sum of $10,000,000 plus additional moneys deposited into the Coal Technology Development Assistance Fund from the Renewable Energy Resources and Coal Technology Development Assistance Charge under Section 6.5 of the Renewable Energy, Energy Efficiency, and Coal Resources Development Law of 1997.

Notwithstanding any other provision of law, no transfers shall be made to the Coal Technology Development Assistance Fund under this Section on or after the effective date of this amendatory Act of the 98th General Assembly. Beginning on the effective date of this amendatory Act of the 98th General Assembly, any amounts that were required to be transferred to the Coal Technology Development Assistance Fund under this Section shall instead be transferred to the Renewable Energy Resources Fund.

(Source: P.A. 93-839, eff. 7-30-04.)

(30 ILCS 730/4) (from Ch. 96 1/2, par. 8204)

Sec. 4. Expenditures from Coal Technology Development Assistance Fund.

(a) The contents of the Coal Technology Development Assistance Fund may be expended, subject to appropriation by the General Assembly, in such amounts and at such times as the Department, with the advice and recommendation of the Board, may deem necessary or desirable for the purposes of this Act.

(b) The Department shall develop a written plan containing measurable 3-year and 10-year goals and objectives in regard to the funding of coal research and coal demonstration and commercialization projects, and programs designed to preserve and enhance markets for Illinois coal. In developing these goals and objectives, the Department shall consider and determine the appropriate balance for the achievement of near-term and long-term goals and objectives and of ensuring the timely commercial application of cost-effective technologies or energy and chemical production processes or systems utilizing coal. The Department shall develop the initial goals and objectives no later than December 1, 1993, and develop revised goals and objectives no later than July 1 annually thereafter.

(c) (Blank).

(d) As soon as all of the moneys remaining in the Coal Technology Development Assistance Fund on the effective date of this amendatory Act of the 98th General Assembly have been expended, the Coal Technology Development Assistance Fund shall be dissolved.

(Source: P.A. 89-499, eff. 6-28-96; 90-348, eff. 1-1-98; 90-372, eff. 7-1-98; 90-655, eff. 7-30-98.)

Section 99. Effective date. This Act takes effect upon becoming law.