SB1473sam001 102ND GENERAL ASSEMBLY

Sen. Sue Rezin

Filed: 4/9/2021

 

 


 

 


 
10200SB1473sam001LRB102 11251 RJF 24856 a

1
AMENDMENT TO SENATE BILL 1473

2    AMENDMENT NO. ______. Amend Senate Bill 1473 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The State Property Control Act is amended by
5adding Section 8.5 as follows:
 
6    (30 ILCS 605/8.5 new)
7    Sec. 8.5. Carbon sequestration.
8    (a) Notwithstanding any provision of law to the contrary,
9Marquis Carbon Injection, LLC is hereby granted the right to
10inject and sequester carbon dioxide and other greenhouse gases
11for fair market value consideration as set by the
12Administrator, but not to exceed $0.25 per ton, in that
13portion of the deep subsurface lying between the top of the Eau
14Claire formation and 150 Feet below the Mount Simon formation
15underlying the real property owned by the State of Illinois
16and managed by the Department of Natural Resources that

 

 

10200SB1473sam001- 2 -LRB102 11251 RJF 24856 a

1adjoins, is adjacent to, or is in proximity to, the privately
2owned real property in Putnam County, Illinois on which the
3Marquis Carbon Injection, LLC carbon sequestration project
4will take place.
5    (b) The State Property concerned under this Section
6includes:
7        (1) land located in Putnam County, Illinois having
8    Parcel Identification Numbers 128050000, 128150000,
9    128040000, 128030000, 128070000, 128060000,
10    128170000,128240000, 128230000, 128220000, 128210000, and
11    128265000; and
12        (2) land located in Bureau County, Illinois having
13    Parcel Identification Numbers 2317200009, 2317200005,
14    2317200004, 2316100001, 2316100002, 2308400001,
15    2309300001, 2309100002, 2309200002, 2309100004,
16    2304300003, 2304400001, 2303300001, 2310100001,
17    2303400001, 2303200002, 2303100004, 1734476002,
18    1734300005, 2303200001, 2301100003, and 2302200002.".