Illinois General Assembly - Bill Status for SB1550
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 Bill Status of SB1550  103rd General Assembly


Senate Sponsors
Sen. Sue Rezin

Last Action
DateChamber Action
  2/8/2023SenateReferred to Assignments

Statutes Amended In Order of Appearance
30 ILCS 605/8.5 new

Synopsis As Introduced
Amends the State Property Control Act. Provides that Marquis Carbon Injection, LLC, is granted the right to inject and sequester carbon dioxide and other greenhouse gases for fair market value consideration as set by the Director of Central Management Services, as administrator, but not to exceed $0.25 per ton, on specified real property owned by the State of Illinois and managed by the Department of Natural Resources. Specifies the Parcel Identification Numbers of the properties concerned.

DateChamber Action
  2/8/2023SenateFiled with Secretary by Sen. Sue Rezin
  2/8/2023SenateFirst Reading
  2/8/2023SenateReferred to Assignments

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