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| 1 | AN ACT concerning economic development.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 1. Short title. This Act may be cited as the Carbon | ||||||
| 5 | Capture and Sequestration Legislation Commission Act. | ||||||
| 6 | Section 5. Definitions. As used in this Act: | ||||||
| 7 | "CO2" means carbon dioxide. | ||||||
| 8 | "Commission" means the Carbon Capture and Sequestration | ||||||
| 9 | Legislation Commission. | ||||||
| 10 | "Director" means the Director of the Illinois Power Agency.
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| 11 | Section 10. Creation of the Carbon Capture and | ||||||
| 12 | Sequestration Legislation Commission. | ||||||
| 13 | (a) The Carbon Capture and Sequestration Legislation | ||||||
| 14 | Commission is created and shall consist of 11 members, | ||||||
| 15 | including the Director, who shall serve as the ex-officio | ||||||
| 16 | chairperson of the Commission. | ||||||
| 17 | (b) The remaining 10 members of the Commission shall be | ||||||
| 18 | appointed as follows: | ||||||
| 19 | (1) one member shall be appointed by the Speaker of the | ||||||
| 20 | House of Representatives; | ||||||
| 21 | (2) one member shall be appointed by the President of | ||||||
| 22 | the Senate; | ||||||
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| 1 | (3) one member shall be appointed by the Minority | ||||||
| 2 | Leader of the House of Representatives; | ||||||
| 3 | (4) one member shall be appointed by the Minority | ||||||
| 4 | Leader of the Senate; | ||||||
| 5 | (5) one member shall be the Chairperson of the Illinois | ||||||
| 6 | Commerce Commission, or his or her designee; and | ||||||
| 7 | (5) 5 members shall be appointed by the Governor. | ||||||
| 8 | (c) The appointments made by the Governor shall include one | ||||||
| 9 | member with legal expertise, one member with engineering | ||||||
| 10 | expertise, one member with financial expertise, one member | ||||||
| 11 | representing the employer community, and one member | ||||||
| 12 | representing the environmental community. | ||||||
| 13 | (d) The Director may retain services from outside parties | ||||||
| 14 | with legal, engineering, and financial expertise to assist the | ||||||
| 15 | Commission in carrying out its duties. | ||||||
| 16 | (e) The Illinois Commerce Commission may assist the | ||||||
| 17 | Director in staffing and administering the Commission. | ||||||
| 18 | (f) Commission members are not eligible to receive | ||||||
| 19 | compensation or reimbursement of expenses.
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| 20 | Section 15. Report on carbon capture and sequestration | ||||||
| 21 | legislation. | ||||||
| 22 | (a) The Commission shall file a report no later than
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| 23 | December 31, 2010 with the General Assembly on all issues | ||||||
| 24 | deemed appropriate to carbon capture and sequestration | ||||||
| 25 | legislation, including, but not limited to, the following: | ||||||
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| 1 | (1) Ownership of the CO2. | ||||||
| 2 | (2) Liability for release of CO2. | ||||||
| 3 | (3) Acquisition and ownership of pore space. | ||||||
| 4 | (4) Procedures and safeguards for the transportation | ||||||
| 5 | and sequestration of CO2. | ||||||
| 6 | (5) Methodology to establish any necessary fees,
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| 7 | costs, or offsets. | ||||||
| 8 | (6) Potential use of CO2. | ||||||
| 9 | (7) Construction of pipelines. | ||||||
| 10 | (8) Coordination with applicable federal law or | ||||||
| 11 | regulatory commissions. | ||||||
| 12 | (b) The Commission shall be abolished upon filing its | ||||||
| 13 | report with the General Assembly. | ||||||
| 14 | Section 20. Repealer. This Act is repealed on January 1, | ||||||
| 15 | 2011.
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| 16 | Section 99. Effective date. This Act takes effect upon | ||||||
| 17 | becoming law.
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