House Sponsors: DANIELS-MADIGAN,MJ-BOST-GRANBERG-JONES,JOHN, REITZ, RUTHERFORD, BASSI, BEAUBIEN, BELLOCK, BERNS, BIGGINS, BRADY, COULSON, COWLISHAW, CROSS, DURKIN, HASSERT, HOEFT, JOHNSON, KLINGLER, KOSEL, KRAUSE, KURTZ, LAWFER, LEITCH, LYONS,EILEEN, MATHIAS, MCAULIFFE, MEYER, MITCHELL,JERRY, MOFFITT, MOORE, MULLIGAN, MYERS,RICHARD, OSMOND, PANKAU, PARKE, PERSICO, POE, RIGHTER, RYDER, SCHMITZ, SOMMER, STEPHENS, TURNER,JOHN, WAIT, WINKEL, WIRSING, WOJCIK AND ZICKUS. Senate Sponsors: LUECHTEFELD-WOOLARD-MAHAR-WATSON-O'DANIEL Short description: ENERGY-POWER PLANTS-COAL-DCCA Synopsis of Bill as introduced: Amends the Rural Economic Development Act. Makes a technical change in a Section concerning the short title of the Act. SENATE AMENDMENT NO. 1. Deletes reference to: 30 ILCS 710/1-1 Adds reference to: New Act 20 ILCS 605/605-332 new 20 ILCS 655/5.5 from Ch. 67 1/2, par. 609.1 20 ILCS 687/6-3 30 ILCS 105/5.545 new 30 ILCS 105/5.546 new 30 ILCS 105/6z-51 new 35 ILCS 5/201 from Ch. 120, par. 2-201 35 ILCS 105/9 from Ch. 120, par. 439.9 35 ILCS 110/9 from Ch. 120, par. 439.39 35 ILCS 115/9 from Ch. 120, par. 439.109 35 ILCS 120/3 from Ch. 120, par. 442 35 ILCS 200/18-165 220 ILCS 5/9-222 from Ch. 111 2/3, par. 9-222 220 ILCS 5/9-222.1A 220 ILCS 5/16-126 415 ILCS 5/9.9 415 ILCS 5/9.10 new 20 ILCS 3505/7.90 new Deletes everything. Creates the Illinois Resource Development and Energy Security Act. Provides various financial incentives for entities to (i) construct new or expand existing electric generating facilities in Illinois, (ii) construct new or upgrade existing electricity transmission lines in Illinois, and (iii) open new coal mines, reopen closed coal mines, or expand production at existing coal mines in Illinois. Amends the Department of Commerce and Community Affairs Law of the Civil Administrative Code of Illinois to authorize DCCA to provide financial assistance to eligible businesses for new electric generating facilities. Amends the Illinois Enterprise Zone Act to designate these businesses as High Impact Businesses eligible for certain tax exemptions. Amends the Renewable Energy, Energy Efficiency, and Coal Resources Development Law of 1997 to create a special Fund in the State treasury to support the development of technologies for wind, biomass, and solar power in Illinois. Amends the State Finance Act to create the Energy Infrastructure Fund to be used pay for bonded indebtedness incurred for bonds issued, if any, for DCCA to provide financial assistance to eligible businesses for new electric generating facilities. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act to provide for the distribution for a 25-year period into the Energy Infrastructure Fund of 80% of net revenue realized from the 6.25% general rate on the selling price of Illinois-mined coal sold to an eligible business for use in a new electric generating facility. Amends the Illinois Income Tax Act, the Property Tax Code, and the Public Utilities Act to provide various financial incentives and make other changes. Amends the Environmental Protection Act concerning emissions issues. Amends the Illinois Development Finance Authority Act to authorize the issuance of bonds for clean coal and energy projects. Effective July 1, 2001. Last action on Bill: PUBLIC ACT.............................. 92-0012 Last action date: JUN-22-2001 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status