92nd General Assembly
Summary of SB1649
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Senate Sponsors:
O'DANIEL AND LUECHTEFELD.

House Sponsors:
HARTKE-JONES,JOHN-GRANBERG

Short description: 
PETRO RESOURCE BD ASSESSMENT                                               

Synopsis of Bill as introduced:
        Amends  the  Illinois  Petroleum  Education  and  Marketing  Act.      
   Provides that assessments to fund  the  Illinois  Petroleum  Resources      
   Board  shall  be  imposed  on persons who own an interest in the gross      
   production of oil or gas produced from a well in Illinois rather  than      
   from  a  person  who  derives the majority of his or her income from a      
   working interest or  who  produces  oil  and  gas.  Provides  for  the      
   continued  existence  of  the Illinois Petroleum Resources Board until      
   January 1, 2008, the scheduled sunset  date  for  the  Act.  Effective      
   immediately.                                                                
 
Last action on Bill: PUBLIC ACT.............................. 92-0610

   Last action date: JUL-01-2002

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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