Rep. Gary Hannig
Filed: 11/14/2008
 
 

 




 

 		












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AMENDMENT TO SENATE BILL 1511




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    AMENDMENT NO. ______. Amend Senate Bill 1511, AS AMENDED, 
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by replacing everything after the enacting clause with the 
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following:

 
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    "Section 5. The General Obligation Bond Act is amended  by 
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changing Section 7 as follows:
 



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    (30 ILCS 330/7)  (from Ch. 127, par. 657)


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    Sec. 7. Coal and Energy Development. The amount of 
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$663,200,000 is
authorized to be used by the Department of 
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Commerce and Economic Opportunity (formerly Department of 
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Commerce and Community Affairs) for
coal and energy development 
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purposes, pursuant to Sections 2, 3 and 3.1 of the
Illinois 
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Coal and Energy Development Bond Act, for the facility cost 
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reports prepared pursuant to Section 1-75(d)(4) of the Illinois 
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Power Agency Act, for the purposes
specified
in Section 8.1 of 
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the Energy Conservation and Coal Development Act, and for
the 
 


 






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purposes specified in Section 605-332 of the Department of 
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Commerce and
Economic Opportunity Law of the Civil 
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Administrative Code of Illinois.  Of this
amount:

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    (a) $150,000,000 $115,000,000 is
for the specific purposes 
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of (i) acquisition,
development, construction, reconstruction, 
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improvement, financing,
architectural and technical planning 
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and installation of capital facilities
consisting of 
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buildings, structures, durable equipment, and land for the

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purpose of capital development of coal resources within the 
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State and for the
purposes specified in Section 8.1 of the 
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Energy Conservation and Coal
Development Act and (ii) 
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subsidizing the facility cost reports prepared pursuant to 
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Section 1-75(d)(4) of the Illinois Power Agency Act;

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    (b) (Blank) $35,000,000 is for the purposes specified in 
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Section 8.1 of the
Energy
Conservation and Coal Development Act 
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and making a grant to the owner of a
generating station
located 
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in Illinois and having at least three coal-fired generating 
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units
with accredited summer capability greater than 500 
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megawatts each at such
generating station as provided in 
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Section 6 of that Bond Act;

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    (c) $13,200,000 is for research, development and 
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demonstration
of forms of energy
other than that derived from 
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coal, either on or off State property; and

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    (d) $500,000,000 is for the purpose of providing financial 
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assistance to
new
electric generating facilities as provided in 
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Section 605-332 of the Department
of Commerce and Economic 
 


 






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Opportunity Law of the Civil Administrative Code of
Illinois.

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(Source: P.A. 94-793, eff. 5-19-06.)

 

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