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1 | AN ACT concerning State government.
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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 5. The Renewable Energy, Energy Efficiency, and | ||||||||||||||||||||||||||||
5 | Coal Resources
Development Law of 1997 is amended by changing | ||||||||||||||||||||||||||||
6 | Section 6-7 as follows:
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7 | (20 ILCS 687/6-7)
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8 | (Section scheduled to be repealed on December 12, 2015)
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9 | Sec. 6-7. Repeal. The provisions of this Law are repealed | ||||||||||||||||||||||||||||
10 | on December 12, 2025 December 12, 2015 .
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11 | (Source: P.A. 95-481, eff. 8-28-07.)
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12 | Section 10. The Illinois Coal Technology Development | ||||||||||||||||||||||||||||
13 | Assistance Act is amended by changing Sections 3 and 4 as | ||||||||||||||||||||||||||||
14 | follows:
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15 | (30 ILCS 730/3) (from Ch. 96 1/2, par. 8203)
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16 | Sec. 3. Transfers to Coal Technology Development | ||||||||||||||||||||||||||||
17 | Assistance Funds. As soon
as may be practicable after the first | ||||||||||||||||||||||||||||
18 | day of each month, the Department of
Revenue shall certify to | ||||||||||||||||||||||||||||
19 | the Treasurer an amount equal to 1/64 of the revenue
realized | ||||||||||||||||||||||||||||
20 | from the tax imposed by the Electricity Excise Tax Law, Section | ||||||||||||||||||||||||||||
21 | 2
of the Public Utilities Revenue Act,
Section 2 of the |
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1 | Messages Tax Act, and Section 2 of the Gas Revenue Tax Act,
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2 | during the preceding month. Upon receipt of the certification, | ||||||
3 | the Treasurer
shall transfer the amount shown on such | ||||||
4 | certification from the General Revenue
Fund to the Coal | ||||||
5 | Technology Development Assistance Fund, which is hereby
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6 | created as a special fund in the State treasury, except that no | ||||||
7 | transfer shall
be made in any month in which the Fund has | ||||||
8 | reached the following balance:
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9 | (1) $7,000,000 during fiscal year 1994.
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10 | (2) $8,500,000 during fiscal year 1995.
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11 | (3) $10,000,000 during fiscal years 1996 and 1997.
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12 | (4) During fiscal year 1998 through fiscal year 2004, | ||||||
13 | an amount
equal to the sum of $10,000,000 plus additional | ||||||
14 | moneys
deposited into the Coal Technology Development | ||||||
15 | Assistance Fund from the
Renewable Energy Resources and | ||||||
16 | Coal Technology Development Assistance Charge
under | ||||||
17 | Section 6.5 of the Renewable Energy, Energy Efficiency, and | ||||||
18 | Coal
Resources Development Law of 1997. | ||||||
19 | (5) During fiscal year 2005, an amount equal to the sum | ||||||
20 | of $7,000,000 plus additional moneys
deposited into the | ||||||
21 | Coal Technology Development Assistance Fund from the
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22 | Renewable Energy Resources and Coal Technology Development | ||||||
23 | Assistance Charge
under Section 6.5 of the Renewable | ||||||
24 | Energy, Energy Efficiency, and Coal
Resources Development | ||||||
25 | Law of 1997. | ||||||
26 | (6) During fiscal year 2006 and each fiscal year |
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1 | thereafter, an amount equal to the sum of $10,000,000 plus | ||||||
2 | additional moneys
deposited into the Coal Technology | ||||||
3 | Development Assistance Fund from the
Renewable Energy | ||||||
4 | Resources and Coal Technology Development Assistance | ||||||
5 | Charge
under Section 6.5 of the Renewable Energy, Energy | ||||||
6 | Efficiency, and Coal
Resources Development Law of 1997.
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7 | Notwithstanding any other provision of law, no transfers | ||||||
8 | shall be made to the Coal Technology Development Assistance | ||||||
9 | Fund under this Section on or after the effective date of this | ||||||
10 | amendatory Act of the 98th General Assembly. Beginning on the | ||||||
11 | effective date of this amendatory Act of the 98th General | ||||||
12 | Assembly, any amounts that were required to be transferred to | ||||||
13 | the Coal Technology Development Assistance Fund under this | ||||||
14 | Section shall instead be transferred to the Renewable Energy | ||||||
15 | Resources Fund. | ||||||
16 | (Source: P.A. 93-839, eff. 7-30-04.)
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17 | (30 ILCS 730/4) (from Ch. 96 1/2, par. 8204)
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18 | Sec. 4. Expenditures from Coal Technology Development | ||||||
19 | Assistance Fund.
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20 | (a) The contents of the Coal Technology Development | ||||||
21 | Assistance Fund may be
expended, subject to appropriation by | ||||||
22 | the General Assembly, in such amounts and
at such times as the | ||||||
23 | Department, with the advice and recommendation of the
Board, | ||||||
24 | may deem necessary or desirable for the purposes of this Act.
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25 | (b) The Department shall develop a written plan containing |
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1 | measurable 3-year
and 10-year goals and objectives in regard to | ||||||
2 | the funding of coal research and
coal demonstration and | ||||||
3 | commercialization projects, and programs designed to
preserve | ||||||
4 | and enhance markets for Illinois coal. In developing these | ||||||
5 | goals and
objectives, the Department shall consider and | ||||||
6 | determine the appropriate balance
for the achievement of | ||||||
7 | near-term and long-term goals and objectives and of
ensuring | ||||||
8 | the timely commercial application of cost-effective | ||||||
9 | technologies or
energy and chemical production processes or | ||||||
10 | systems utilizing coal. The
Department shall develop the | ||||||
11 | initial goals and objectives no later than
December 1, 1993, | ||||||
12 | and develop revised goals and objectives no later than
July 1 | ||||||
13 | annually thereafter.
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14 | (c) (Blank).
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15 | (d) As soon as all of the moneys remaining in the Coal | ||||||
16 | Technology Development Assistance Fund on the effective date of | ||||||
17 | this amendatory Act of the 98th General Assembly have been | ||||||
18 | expended, the Coal Technology Development Assistance Fund | ||||||
19 | shall be dissolved. | ||||||
20 | (Source: P.A. 89-499, eff. 6-28-96; 90-348, eff. 1-1-98; | ||||||
21 | 90-372, eff. 7-1-98;
90-655, eff. 7-30-98.)
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22 | Section 99. Effective date. This Act takes effect upon | ||||||
23 | becoming law.
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