92nd General Assembly
Summary of HB0163
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House Sponsors:

Senate Sponsors:

Short description: 
PETRO RESOURCE BD ASSESSMENT                                               

Synopsis of Bill as introduced:
        Amends  the  Illinois  Petroleum  Education  and  Marketing  Act.      
   Provides that assessments to fund  the  Illinois  Petroleum  Resources      
   Board  shall  be  imposed  on persons who own an interest in the gross      
   production of oil or gas produced from a well in Illinois rather  than      
   from  a  person  who  derives the majority of his or her income from a      
   working interest or  who  produces  oil  and  gas.  Provides  for  the      
   continued  existence  of  the Illinois Petroleum Resources Board until      
   July 1, 2008 rather than July 1, 2002.  Effective immediately.              
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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