Illinois General Assembly - Bill Status for SB2463
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 Bill Status of SB2463  104th General Assembly


Short Description:  OIL AND GAS ACT-SURETY BONDS

Senate Sponsors
Sen. Erica Harriss

Last Action
DateChamber Action
  3/20/2025SenatePlaced on Calendar Order of 3rd Reading April 1, 2025

Statutes Amended In Order of Appearance
225 ILCS 725/2from Ch. 96 1/2, par. 5404
225 ILCS 725/6from Ch. 96 1/2, par. 5409
225 ILCS 725/8bfrom Ch. 96 1/2, par. 5414
225 ILCS 725/8cfrom Ch. 96 1/2, par. 5414.1
225 ILCS 725/12from Ch. 96 1/2, par. 5418


Synopsis As Introduced
Amends the Illinois Oil and Gas Act. Removes cash as an item that an applicant for a permit may provide in lieu of a surety bond required for plugging obligations and the removal of liquid oil field waste from an on-site collection point. Makes changes in provisions concerning the Department of Natural Resources's ability to make rules and conduct hearings for certain purposes. Makes conforming changes.

Actions 
DateChamber Action
  2/7/2025SenateFiled with Secretary by Sen. Erica Harriss
  2/7/2025SenateFirst Reading
  2/7/2025SenateReferred to Assignments
  3/4/2025SenateAssigned to Judiciary
  3/19/2025SenateDo Pass Judiciary; 009-000-000
  3/19/2025SenatePlaced on Calendar Order of 2nd Reading March 20, 2025
  3/20/2025SenateSecond Reading
  3/20/2025SenatePlaced on Calendar Order of 3rd Reading April 1, 2025

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