|
| | 09900SB0544sam002 | - 2 - | LRB099 03295 MGM 34652 a |
|
|
| 1 | | boundaries of the municipality immediately before the nuclear |
| 2 | | facility ceased to generate electricity. The nuclear storage |
| 3 | | impact fee can only be applied prospectively on or after the |
| 4 | | effective date of this amendatory Act of the 99th General |
| 5 | | Assembly and cannot be applied retroactively to the date that |
| 6 | | the nuclear facility ceased operations. |
| 7 | | (c) In any calendar year, the nuclear storage impact fee |
| 8 | | shall not exceed 25% of the average annual amount of property |
| 9 | | taxes paid to the municipality by the entity that operated the |
| 10 | | nuclear facility during the last 5 years that the nuclear |
| 11 | | facility was operational. |
| 12 | | (d) The municipality shall conduct a public hearing before |
| 13 | | imposing the nuclear storage impact fees permitted under this |
| 14 | | Section. The hearing shall be held within the boundaries of the |
| 15 | | municipality. Notice of the time, place, and purpose of the |
| 16 | | hearing shall be given at least 10 days before the date of the |
| 17 | | hearing. |
| 18 | | (e) The revenue collected under this Section shall be used |
| 19 | | to offset property taxes for owners of property within the |
| 20 | | boundaries of the municipality. |
| 21 | | (f) No sale, assignment, lease, or decommissioning |
| 22 | | agreement that was executed after a nuclear facility ceased |
| 23 | | generating electricity and before the effective date of this |
| 24 | | amendatory Act of the 99th General Assembly shall assign or |
| 25 | | transfer the obligation to pay any nuclear storage impact fee |
| 26 | | imposed pursuant to this Section.".
|