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91_SB0641sam001
LRB9105770PTpkam01
1 AMENDMENT TO SENATE BILL 641
2 AMENDMENT NO. . Amend Senate Bill 641 by replacing
3 everything after the enacting clause with the following:
4 "Section 5. The Renewable Energy, Energy Efficiency, and
5 Coal Resources Development Law of 1997 is amended by changing
6 Section 6-6 as follows:
7 (20 ILCS 687/6-6)
8 (Section scheduled to be repealed on December 16, 2007)
9 Sec. 6-6. Energy efficiency program.
10 (a) For the year beginning January 1, 1998, and
11 thereafter as provided in this Section, each electric utility
12 as defined in Section 3-105 of the Public Utilities Act and
13 each alternative retail electric supplier as defined in
14 Section 16-102 of the Public Utilities Act supplying electric
15 power and energy to retail customers located in the State of
16 Illinois shall contribute annually a pro rata share of a
17 total amount of $3,000,000 based upon the number of
18 kilowatt-hours sold by each such entity in the 12 months
19 preceding the year of contribution. On or before May 1 of
20 each year, the Illinois Commerce Commission shall determine
21 and notify the Department of Commerce and Community Affairs
22 of the pro rata share owed by each electric utility and each
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1 alternative retail electric supplier based upon information
2 supplied annually to the Illinois Commerce Commission. On or
3 before June 1 of each year, the Department of Commerce and
4 Community Affairs shall send written notification to each
5 electric utility and each alternative retail electric
6 supplier of the amount of pro rata share they owe. These
7 contributions shall be remitted to the Department of Revenue
8 on or before June 30 of each year the contribution is due on
9 a return prescribed and furnished by the Department of
10 Revenue showing such information as the Department of Revenue
11 may reasonably require. The funds received pursuant to this
12 Section shall be subject to the appropriation of funds by the
13 General Assembly. The Department of Revenue shall place the
14 funds remitted under this Section in a trust fund, that is
15 hereby created in the State Treasury, called the Energy
16 Efficiency Trust Fund. If an electric utility or alternative
17 retail electric supplier does not remit its pro rata share to
18 the Department of Revenue, the Department of Revenue must
19 inform the Illinois Commerce Commission of such failure. The
20 Illinois Commerce Commission may then revoke the
21 certification of that electric utility or alternative retail
22 electric supplier. The Illinois Commerce Commission may not
23 renew the certification of any electric utility or
24 alternative retail electric supplier that is delinquent in
25 paying its pro rata share.
26 (b) The Department of Commerce and Community Affairs
27 shall disburse the moneys in the Energy Efficiency Trust Fund
28 to residential electric customers to fund projects which the
29 Department of Commerce and Community Affairs has determined
30 will promote energy efficiency in the State of Illinois. The
31 Department of Commerce and Community Affairs shall establish
32 a list of projects eligible for grants from the Energy
33 Efficiency Trust Fund including, but not limited to,
34 supporting energy efficiency efforts for low-income
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1 households, replacing energy inefficient windows with more
2 efficient windows, replacing energy inefficient appliances
3 with more efficient appliances, replacing energy inefficient
4 lighting with more efficient lighting, insulating dwellings
5 and buildings, and such other projects which will increase
6 energy efficiency in homes and rental properties.
7 (c) The Department of Commerce and Community Affairs
8 shall establish criteria and an application process for this
9 grant program.
10 (d) The Department of Commerce and Community Affairs
11 shall conduct a study of other possible energy efficiency
12 improvements and evaluate methods for promoting energy
13 efficiency and conservation, especially for the benefit of
14 low-income customers.
15 (d-5) The Department of Commerce and Community Affairs
16 shall establish criteria before January 1, 2000 for projects
17 and purchases of products that are eligible for the income
18 tax credit under Section 206.1 of the Illinois Income Tax
19 Act.
20 (e) The Department of Commerce and Community Affairs
21 shall submit an annual report to the General Assembly
22 evaluating the effectiveness of the projects and programs
23 provided in this Section, and recommending further
24 legislation which will encourage additional development and
25 implementation of energy efficiency projects and programs in
26 Illinois and other actions that help to meet the goals of
27 this Section.
28 (Source: P.A. 90-561, eff. 12-16-97; 90-624, eff. 7-10-98.)
29 Section 10. The Illinois Income Tax Act is amended by
30 adding Section 206.1 as follows:
31 (35 ILCS 5/206.1 new)
32 Sec. 206.1. Energy efficiency tax credit. For taxable
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1 years beginning on or after January 1, 2000 and ending on or
2 before December 31, 2004, a homeowner, renter, or landlord
3 subject to this Act shall be entitled to a credit against the
4 tax imposed by subsections (a) and (b) of Section 201 in an
5 amount not to exceed the lesser of $500 or 25% of the amount
6 spent by the homeowner, renter, or landlord on projects and
7 products that are designed to promote energy efficiency and
8 deemed eligible for a credit by the Department of Commerce
9 and Community Affairs pursuant to Section 6-6 of the
10 Renewable Energy, Energy Efficiency, and Coal Resources
11 Development Law of 1997.
12 Section 99. Effective date. This Act takes effect upon
13 becoming law.".