Full Text of SB1485 99th General Assembly
SB1485sam001 99TH GENERAL ASSEMBLY | Sen. David Koehler Filed: 3/20/2015
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| 1 | | AMENDMENT TO SENATE BILL 1485
| 2 | | AMENDMENT NO. ______. Amend Senate Bill 1485 as follows:
| 3 | | on page 90, immediately below line 13 by inserting the | 4 | | following: | 5 | | "Section 8. The State Finance Act is amended by adding | 6 | | Section 5.866 as follows: | 7 | | (30 ILCS 105/5.866 new) | 8 | | Sec. 5.866. Fossil Emission Reduction Program Fund. "; and | 9 | | by replacing line 24 on page 261 through line 6 on page 267 | 10 | | with the following: | 11 | | " (b-7) The Fossil Emission Reduction Program. | 12 | | (1) Notwithstanding the provisions of Section 16-111 | 13 | | of the Public Utilities Act, each public utility, electric |
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| 1 | | cooperative, as defined in Section 3.4 of the Electric | 2 | | Supplier Act, and municipal utility, as referenced in | 3 | | Section 3-105 of the Public Utilities Act, that is engaged | 4 | | in the delivery of electricity or the distribution of | 5 | | natural gas within the State of Illinois shall, upon the | 6 | | effective date of this amendatory Act of the 99th General | 7 | | Assembly through December 31, 2021, assess each of its | 8 | | customer accounts a monthly Fossil Emission Reduction | 9 | | Program Charge, calculated to limit the total amount raised | 10 | | from all customers to $75 million per year. The delivering | 11 | | public utility, municipal electric or gas utility, or | 12 | | electric or gas cooperative for a self-assessing purchaser | 13 | | remains subject to the collection of the fee imposed by | 14 | | this Section. | 15 | | (2) The Fossil Emission Reduction Program Charge | 16 | | assessed by electric and gas public utilities shall be | 17 | | considered a charge for public utility service. | 18 | | (3) Moneys collected under this Section shall be | 19 | | deposited in the Fossil Emission Reduction Program by the | 20 | | Department of Revenue for the exclusive purposes of the | 21 | | awarding of competitively bid grants to operators of | 22 | | coal-fueled electric generating plants in Illinois to | 23 | | fund, in part, projects at their plants. Eligible projects | 24 | | include: coal-to-natural gas conversions of Illinois coal | 25 | | plants; heat rate or other efficiency improvements at | 26 | | Illinois coal plants; projects that reduce emissions from |
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| 1 | | criteria pollutants and carbon dioxide at Illinois coal | 2 | | plants; use of biomass at Illinois coal plants; a program | 3 | | to recycle or properly dispose of coal ash; or purchase | 4 | | CO2-offsets owned by operators of coal-fueled generating | 5 | | plants in Illinois. | 6 | | (4) The Agency shall write rules to administer a | 7 | | competitive grant program for up to 75% of the project | 8 | | costs for eligible projects as defined in paragraph (3). | 9 | | (5) No individual project may receive more than one | 10 | | grant from the Fossil Emission Reduction Program. Grant | 11 | | duration may be 1 to 5 years, based on estimated time to | 12 | | complete a project, however, grant amounts, once awarded, | 13 | | may not be increased in amount or duration. | 14 | | (6) If applications for more funds than are available | 15 | | are made to the Fossil Emission Reduction Program in a | 16 | | calendar year, the Agency shall award grants to projects | 17 | | based on the maximum amount of carbon dioxide emission | 18 | | reduction on a per dollar awarded basis. | 19 | | (7) If a successful bidder fails to complete the | 20 | | project by the specified date or the completed project | 21 | | fails to meet performance metrics specified in the grant | 22 | | contract, the grantee must refund all or part of the grant | 23 | | money based on criteria stated in the contract. | 24 | | (8) Upon completion of a coal to gas conversion using | 25 | | funds from the Fossil Emission Reduction Fund, the Agency | 26 | | will modify the air permit to prohibit the use of coal at |
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| 1 | | that facility in the future. | 2 | | (9) By the 20th day of the month following the month in | 3 | | which the charges imposed by this Section were collected, | 4 | | each utility and alternative retail electric supplier | 5 | | collecting charges under this Section shall remit to the | 6 | | Department of Revenue for deposit in the Fossil Emission | 7 | | Reduction Fund moneys received as payment of the charge | 8 | | provided for in this Section on a return prescribed and | 9 | | furnished by the Department of Revenue showing such | 10 | | information as the Department of Revenue may reasonably | 11 | | require. | 12 | | (10) The charges imposed by this Section shall only | 13 | | apply to customers of municipal electric or gas utilities | 14 | | and electric or gas cooperatives if the municipal electric | 15 | | or gas utility or electric or gas cooperative makes an | 16 | | affirmative decision to impose the charge. If a municipal | 17 | | electric or gas utility or an electric or gas cooperative | 18 | | makes an affirmative decision to impose the charge provided | 19 | | by this Section, the municipal electric or gas utility or | 20 | | electric or gas cooperative shall inform the Department of | 21 | | Revenue in writing of that decision when it begins to | 22 | | impose the charge. | 23 | | (11) The Department of Revenue may establish such rules | 24 | | as it deems necessary to implement this Section. ".
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