Public Act 096-1465
 
SB0049 EnrolledLRB096 03600 HLH 13627 b



    AN ACT concerning finance.

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



 
    Section 5. The Illinois Coal and Energy Development Bond 
Act is amended  by changing Section 6 as follows:
 
    (20 ILCS 1110/6)  (from Ch. 96 1/2, par. 4106)
    Sec. 6. The Department of Commerce and Economic Opportunity 
is authorized to use general obligation bond funds for the 
purposes of issuing grants in accordance with this Act and the 
General Obligation Bond Act. The Department of Commerce and 
Economic Opportunity is
authorized to use $120,000,000 for the 
purposes specified in this Act.  These
funds shall be expended 
only for a grant to
the owner of a generating station located 
in Illinois and having at least
three coal-fired generating 
units with accredited summer capacity greater
than 500 
megawatts each at such generating station as specifically

authorized by this paragraph.  Notwithstanding any of the other 
provisions of
this Act, in considering the approval of projects 
to be funded under this Act,
the Department of Commerce and 
Economic Opportunity shall give
special consideration to 
projects which are designed to remove sulfur and
other 
pollutants in the preparation and utilization of coal, and in 
the use
and operation of electric utility generating plants and 
industrial
facilities which utilize Illinois coal as their 
primary source of fuel.
The Department of Commerce and 
Community Affairs (now Department of Commerce and Economic 
Opportunity) is directed to
enter into a contract with the 
owner of a generating station located in
Illinois and having at 
least three coal-fired generating units with
accredited summer 
capability greater than 500 megawatts each at such
generating 
station for a grant of $35,000,000 to be made by the State of

Illinois to such owner to be used to pay costs of designing, 
acquiring,
constructing, installing and testing facilities to 
reduce sulfur dioxide
emissions at one such generating unit to 
allow that unit to meet the
requirements of the Federal Clean 
Air Act Amendments of 1990 (P.L. 101-549)
while continuing to 
use coal mined in Illinois as its source of fuel.
(Source: P.A. 94-793, eff. 5-19-06.)
 
    Section 10. The General Obligation Bond Act is amended  by 
changing Section 7 as follows:
 
    (30 ILCS 330/7)  (from Ch. 127, par. 657)
    Sec. 7. Coal and Energy Development. The amount of 
$698,200,000 is
authorized to be used by the Department of 
Commerce and Economic Opportunity (formerly Department of 
Commerce and Community Affairs) for
coal and energy development 
purposes, pursuant to Sections 2, 3 and 3.1 of the
Illinois 
Coal and Energy Development Bond Act, for the purposes

specified
in Section 8.1 of the Energy Conservation and Coal 
Development Act, for
the purposes specified in Section 605-332 
of the Department of Commerce and
Economic Opportunity Law of 
the Civil Administrative Code of Illinois, and for the purpose 
of facility cost reports prepared pursuant to Sections 1-58 
1-56 or 1-75(d)(4) of the Illinois Power Agency Act and for the 
purpose of development costs pursuant to Section 8.1 of the 
Energy Conservation and Coal Development Act.  Of this
amount:
    (a) $115,000,000 is
for the specific purposes of 
acquisition,
development, construction, reconstruction, 
improvement, financing,
architectural and technical planning 
and installation of capital facilities
consisting of 
buildings, structures, durable equipment, and land for the

purpose of capital development of coal resources within the 
State and for the
purposes specified in Section 8.1 of the 
Energy Conservation and Coal
Development Act;
    (b) $35,000,000 is for the purposes specified in Section 
8.1 of the
Energy
Conservation and Coal Development Act and 
making grants a grant to generating stations and coal 
gasification facilities within the State of Illinois and to the 
owner of a
generating station
located in Illinois and having at 
least three coal-fired generating units
with accredited summer 
capability greater than 500 megawatts each at such
generating 
station as provided in Section 6 of that Bond Act;
    (c) $13,200,000 is for research, development and 
demonstration
of forms of energy
other than that derived from 
coal, either on or off State property;
    (d) $500,000,000 is for the purpose of providing financial 
assistance to
new
electric generating facilities as provided in 
Section 605-332 of the Department
of Commerce and Economic 
Opportunity Law of the Civil Administrative Code of
Illinois; 
and
    (e) $35,000,000 is for the purpose of facility cost reports 
prepared for not more than one facility pursuant to Section 
1-75(d)(4) of the Illinois Power Agency Act and not more than 
one facility pursuant to Section 1-58 1-56 of the Illinois 
Power Agency Act and for the purpose of up to $6,000,000 of 
development costs pursuant to Section 8.1 of the Energy 
Conservation and Coal Development Act. 
(Source: P.A. 95-1026, eff. 1-12-09; 96-781, eff. 8-28-09; 
revised 10-13-09.)
 

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


Effective Date:  8/20/2010