Full Text of HB4764 095th General Assembly
HB4764 95TH GENERAL ASSEMBLY
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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008 HB4764
Introduced , by Rep. Angelo Saviano SYNOPSIS AS INTRODUCED: |
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Amends the Illinois Petroleum Education and Marketing Act. Removes the January 1, 2016 expiration date set for the Petroleum Resources Board. Effective immediately.
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A BILL FOR
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HB4764 |
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LRB095 19039 RAS 45219 b |
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| AN ACT concerning regulation.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Illinois Petroleum Education and Marketing | 5 |
| Act is amended by changing Section 10 as follows:
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| (225 ILCS 728/10)
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| (Section scheduled to be repealed on January 1, 2018)
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| Sec. 10. Illinois Petroleum Resources Board.
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| (a) There is hereby created until January 1, 2016, the | 10 |
| Illinois Petroleum
Resources Board , which shall be subject to | 11 |
| the provisions of the Regulatory
Sunset Act . The purpose of the | 12 |
| Board is to coordinate a program designed to
demonstrate to the | 13 |
| general public the importance of the Illinois oil
and gas
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| exploration and production industry, to encourage the wise and | 15 |
| efficient use of
energy, to promote environmentally
sound | 16 |
| production methods and technologies, to develop existing | 17 |
| supplies of
State oil and gas resources, and to support | 18 |
| research and educational activities
concerning the oil and gas
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| exploration and production industry.
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| (b) The Board shall be composed of 12 members to be
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| appointed as follows: | 22 |
| (1) Through December 31, 2006, the Governor shall make | 23 |
| appointments from a
list of names submitted by qualified |
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HB4764 |
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LRB095 19039 RAS 45219 b |
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| producer associations, of which 10 shall
be oil and gas | 2 |
| producers. | 3 |
| (2) Beginning January 1, 2007, all appointments shall | 4 |
| be made by the qualified producer associations.
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| (c) A member of the Board shall:
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| (1) be at least 25 years of age;
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| (2) be a resident of the State of Illinois; and
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| (3) have at least 5 years of active experience in the | 9 |
| oil industry.
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| (d) Members shall serve for a term of 3 years, except that | 11 |
| of the initial
appointments, 4 members shall serve for one | 12 |
| year, 4 members for 2 years, and 4
members for 3 years.
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| (e) Vacancies shall be filled for the unexpired term of | 14 |
| office in the same
manner as the original appointment.
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| (f) The Board shall, at its first meeting, elect one of its | 16 |
| members as
chairperson, who shall preside over meetings of the | 17 |
| Board and perform
other duties that may be required by the | 18 |
| Board. The first meeting of the Board
shall be called by the | 19 |
| Governor.
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| (g) No member of the Board shall receive a salary or | 21 |
| reimbursement for
duties performed as a member of the Board, | 22 |
| except that members are eligible to
receive
reimbursement for | 23 |
| travel expenses incurred in the performance of Board duties.
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| (Source: P.A. 94-1085, eff. 1-19-07; 95-331, eff. 8-21-07 .)
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| Section 99. Effective date. This Act takes effect upon | 26 |
| becoming law.
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