95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB2165

 

Introduced 2/26/2007, by Rep. Michael J. Madigan - Barbara Flynn Currie - Thomas Holbrook

 

SYNOPSIS AS INTRODUCED:
 
20 ILCS 1105/10   from Ch. 96 1/2, par. 7410

    Amends the Energy Conservation and Coal Development Act. Makes a technical change in a Section concerning the evaluation of loan applications.


LRB095 01167 CMK 21169 b

 

 

A BILL FOR

 

HB2165 LRB095 01167 CMK 21169 b

1     AN ACT concerning State government.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Energy Conservation and Coal Development Act
5 is amended by changing Section 10 as follows:
 
6     (20 ILCS 1105/10)  (from Ch. 96 1/2, par. 7410)
7     Sec. 10. Evaluation of loan applications. The The
8 Department shall evaluate applications for loans and make such
9 evaluations available to the Illinois Coal Development Board.
10 Evaluation of the loan applications shall be based on, but not
11 limited to, the following criteria:
12     (a) The length of time applicants will commit to using
13 Illinois coal in the facility which is modified, acquired or
14 constructed as a result of the project. The applicant must
15 agree to use Illinois coal for at least the life of the loan as
16 a condition of such loan. Weight shall be given for longer
17 commitments.
18     (b) The total amount of Illinois coal used. Weight shall be
19 given to projects using larger amounts of Illinois coal over
20 the life of the loan.
21     (c) The percentage of the total project costs the State is
22 asked to finance. Weight shall be given to projects which
23 maximize the use of private funds or funds from other public

 

 

HB2165 - 2 - LRB095 01167 CMK 21169 b

1 sources.
2     (d) The technical merits of the project, including but not
3 limited to, the effectiveness of the prepared coal-use system
4 in controlling emissions of sulfur dioxide and other
5 pollutants.
6 (Source: P.A. 84-111; 84-1070.)