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(Source: P.A. 95-187, eff. 8-16-07; 95-235, eff. 8-17-07; |
95-450, eff. 8-27-07; 95-465, eff. 8-27-07; 95-617, eff. |
9-12-07; 95-639, eff. 10-5-07; 95-687, eff. 10-23-07; 95-689, |
eff. 10-29-07; 95-703, eff. 12-31-07; 95-876, eff. 8-21-08; |
96-328, eff. 8-11-09.) |
(5 ILCS 80/4.38 new) |
Sec. 4.38. Act repealed on January 1, 2028. The following |
Act is repealed on January 1, 2028: |
The Illinois Petroleum Education and Marketing Act. |
Section 10. The Illinois Petroleum Education and Marketing |
Act is amended by changing Sections 10, 15, and 45 as follows:
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(225 ILCS 728/10)
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(Section scheduled to be repealed on January 1, 2018)
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Sec. 10. Illinois Petroleum Resources Board.
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(a) There is hereby created until January 1, 2018, the |
Illinois Petroleum
Resources Board, which shall be subject to |
the provisions of the Regulatory
Sunset Act. The purpose of the |
Board is to coordinate a program designed to
demonstrate to the |
general public the importance of the Illinois oil
and gas
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exploration and production industry, to encourage the wise and |
efficient use of
energy, to promote environmentally
sound |
production methods and technologies, to develop existing |
supplies of
State oil and gas resources, and to support |
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research and educational activities
concerning the oil and gas
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exploration and production industry , and to support oilfield |
environmental remediation and restoration activities .
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(b) The Board shall be composed of 12 members to be
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appointed as follows: |
(1) Through December 31, 2006, the Governor shall make |
appointments from a
list of names submitted by qualified |
producer associations, of which 10 shall
be oil and gas |
producers. |
(2) Beginning January 1, 2007, all appointments shall |
be made by the qualified producer associations.
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(c) A member of the Board shall:
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(1) be at least 25 years of age;
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(2) be a resident of the State of Illinois; and
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(3) have at least 5 years of active experience in the |
oil industry.
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(d) Members shall serve for a term of 3 years, except that |
of the initial
appointments, 4 members shall serve for one |
year, 4 members for 2 years, and 4
members for 3 years.
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(e) Vacancies shall be filled for the unexpired term of |
office in the same
manner as the original appointment.
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(f) The Board shall, at its first meeting, elect one of its |
members as
chairperson, who shall preside over meetings of the |
Board and perform
other duties that may be required by the |
Board. The first meeting of the Board
shall be called by the |
Governor.
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(g) No member of the Board shall receive a salary or |
reimbursement for
duties performed as a member of the Board, |
except that members are eligible to
receive
reimbursement for |
travel expenses incurred in the performance of Board duties.
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(Source: P.A. 97-40, eff. 6-28-11.)
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(225 ILCS 728/15)
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(Section scheduled to be repealed on January 1, 2018)
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Sec. 15. Board powers and duties. The Board shall have the |
following powers and duties:
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(1) To administer and enforce the provisions of this
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Act.
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(2) To establish an office for the Board within the |
State of Illinois.
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(3) To elect a chairperson and any other officers that |
may be necessary to
direct the operations of the Board.
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(4) To employ personnel as shall be deemed necessary to |
carry out the
purpose
and provisions of this Act and to |
prescribe their duties and fix their
compensation.
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(5) To receive and administer all assessments, |
donations, grants, contributions, and gifts received by |
the Board pursuant to this Act and to deposit them into |
accounts maintained by the Board.
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(6) To annually establish priorities and approve a |
prepared budget consistent with estimated resources.
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(7) To adopt rules as it deems necessary to carry out |
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the provisions
of this Act.
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(8) To enter into contracts or agreements for studies, |
research projects,
experimental work, supplies, or other |
services to carry out the purposes of
this Act and to incur |
those expenses necessary to carry out those purposes. A
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contract or agreement entered into under this item shall |
provide that:
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(A) the person entering the contract or agreement |
on behalf of the Board
shall develop and submit to the |
Board a plan or project together with a budget
that |
shows estimated costs to be incurred for the plan or
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project; and
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(B) the person entering the contract or agreement |
shall keep accurate
records of all of its transactions, |
account for funds received and expended,
and make |
periodic reports to the Board of activities conducted |
and other
reports that the Board may require.
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(9) To keep accurate records of all financial |
transactions performed
pursuant to this Act. These records |
shall be audited annually by an
independent
auditor who is |
a certified public accountant and has been selected by the |
Board, and an annual report shall be compiled and made |
available to any interest owner and filed with the |
Department within 60 days after the close of the Board's |
fiscal year .
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(10) To cooperate with any private, local, state, or |
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national commission,
organization, agency, or group and to |
make contracts and agreements for joint
programs |
beneficial to the oil and gas industry.
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(11) To accept donations, grants, contributions, and |
gifts from any public
or private source and deposit them |
into accounts maintained by the Board.
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(12) To keep an accurate record of all assessments |
collected.
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(13) To enter into voluntary agreements with the |
Department to support oilfield environmental remediation |
and restoration activities. |
(Source: P.A. 94-1085, eff. 1-19-07 .)
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(225 ILCS 728/45)
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(Section scheduled to be repealed on January 1, 2018)
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Sec. 45. Use of funds.
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(a) All interest earned on moneys received by the Board |
shall be the property of the Board.
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(a-5) The Board may expend funds only as provided for by |
law. |
(b) The Board shall not utilize any funds collected
under |
Section 30 of this Act for the purpose of
influencing |
government action or policy, with the exception of recommending
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amendments to this Act.
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(c) None of the moneys collected under Section 30 and not |
refunded under Section 35 of this Act shall be used for travel |