Senate Sponsors: MAHAR-WOOLARD. House Sponsors: NOVAK Short description: ENERGY DEVELOPMENT COUNCIL Synopsis of Bill as introduced: Creates the Energy Resources Policy Act of 2001. Provides only a short title. SENATE AMENDMENT NO. 1. Adds reference to: 35 ILCS 105/3-5 from Ch. 120, par. 439.3-5 35 ILCS 110/3-5 from Ch. 120, par. 439.33-5 35 ILCS 115/3-5 from Ch. 120, par. 439.103-5 35 ILCS 120/2-5 from Ch. 120, par. 441-5 35 ILCS 200/18-165 415 ILCS 5/39 from Ch. 111 1/2, par. 1039 Deletes everything after the enacting clause. Creates the Energy Resources Policy Act. Provides that the purpose of this Act is to provide financial and other incentives that will result in (i) the construction of 8 new baseload electric generation plants in Illinois that are under construction before December 31, 2004, (ii) a pilot program for a wind-powered electric generating plant in Illinois that is under construction before December 31, 2004, and (iii) the construction of new transmission lines and the upgrading of existing transmission lines before December 31, 2004. Creates the Energy Generation Resources Development Coordinating Council. Among other things, the Council shall hold an energy summit bringing together those persons wishing to build generating capacity in Illinois and communities that wish to host generation plants. Provides that the Department of Commerce and Community Affairs must adopt rules on or before January 1, 2002 to implement the Act and that the rules must provide that the incentives will be awarded on a "first-come, first-served" basis. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides for an exemption from the tax for machinery and equipment used by the new plants until electricity is first generated. Amends the Environmental Protection Act. Provides for the issuance of permits to these new plants within 90 days. Provides that the Agency shall also waive the fee for obtaining an initial operating permit for these plants. Effective immediately. HOUSE AMENDMENT NO. 1. Changes the name of the program from the Renewable Resources Energy Grant Program to the Renewable Energy Resources Program. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 1 END OF INQUIRY Full Text Bill Status