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| 1 | | hereby establishes the Renewable Fuel Infrastructure Program |
| 2 | | (RFI Program). The Department of Agriculture shall administer |
| 3 | | the Renewable Infrastructure Program in accordance with the |
| 4 | | terms of this Title. Grants may be awarded from the Renewable |
| 5 | | Fuels Infrastructure Fund to applicants satisfying the |
| 6 | | application and eligibility requirements established by the |
| 7 | | Department of Agriculture, by rule. |
| 8 | | (415 ILCS 5/60.1 new) |
| 9 | | Sec. 60.1. Renewable Fuels Infrastructure Fund. |
| 10 | | (a) The Renewable Fuels Infrastructure Fund is created as |
| 11 | | a special fund in the State treasury. The Fund may accept |
| 12 | | moneys from any lawful source. Any interest earned on moneys |
| 13 | | in the Fund shall be deposited into the Fund. |
| 14 | | (b) Moneys in the Fund shall be used by the Department of |
| 15 | | Agriculture (1) to provide grants to petroleum marketers, |
| 16 | | petroleum terminal operators, and any other companies that the |
| 17 | | Department of Agriculture, by rule, determines are eligible |
| 18 | | for grant funding under this Title and (2) to pay for the |
| 19 | | administration costs incurred by the Department of Agriculture |
| 20 | | in the management of the grant program. |
| 21 | | (c) An eligible grant recipient shall not receive more |
| 22 | | than $1,000,000 in grant funding under this Title. |
| 23 | | (415 ILCS 5/60.2 new) |
| 24 | | Sec. 60.2. Funding. From July 1, 2025, to June 30, 2027, |
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| 1 | | the Comptroller shall order transferred, and the Treasurer |
| 2 | | shall transfer, $3,000,000 each calendar quarter from the |
| 3 | | Underground Storage Tank Fund to the Renewable Fuel |
| 4 | | Infrastructure Fund for the purpose of establishing a grant |
| 5 | | program funding the installation of equipment for the storage |
| 6 | | and dispensing of fuels with higher blends of ethanol or |
| 7 | | biodiesel feedstock. For the purposes of this Section, "higher |
| 8 | | blends" means gasoline blends greater than E-10 and biodiesel |
| 9 | | blends greater than B-10. No transfer shall take place from |
| 10 | | the Underground Storage Tank Fund to the Renewable Fuel |
| 11 | | Infrastructure Fund in any calendar quarter from July 1, 2025, |
| 12 | | to June 30, 2027, when the Underground Storage Tank Fund has a |
| 13 | | balance at or below $50,000,000. |
| 14 | | (415 ILCS 5/60.3 new) |
| 15 | | Sec. 60.3. Eligibility. Eligible recipients for grant |
| 16 | | funding under this Title are exclusively limited to retail |
| 17 | | petroleum marketers, petroleum terminal operators, and any |
| 18 | | other related companies identified by the Department of |
| 19 | | Agriculture, by rule. No funding shall be made available to |
| 20 | | any public body pursuant to this Title. Applicants for grant |
| 21 | | funding under this Title are responsible for covering at least |
| 22 | | 50% of the costs associated with installing the equipment for |
| 23 | | which grant funding is provided under this Title. A company |
| 24 | | may not apply for more than $1,000,000 in grant funding under |
| 25 | | this Title or more than $100,000 for any one site. |
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| 1 | | In this Section, "public body" has the meaning given to |
| 2 | | that term in Section 1.02 of the Open Meetings Act. |
| 3 | | (415 ILCS 5/60.4 new) |
| 4 | | Sec. 60.4. Expenditures. Eligible expenditures from the |
| 5 | | Renewable Fuels Infrastructure Fund include tank |
| 6 | | modifications, tanks, piping, fuel dispensers, and any other |
| 7 | | equipment deemed necessary by the Department of Agriculture, |
| 8 | | by rule. |
| 9 | | Section 99. Effective date. This Act takes effect upon |
| 10 | | becoming law.". |