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| Public Act 097-0040 | ||||
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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 | ||||
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(Section scheduled to be repealed on January 1, 2018)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, 2018 2016, the | ||||
Illinois Petroleum
Resources Board, which shall be subject to | ||||
the provisions of the Regulatory
Sunset Act. The purpose of the | ||||
Board is to coordinate a program designed to
demonstrate to the | ||||
general public the importance of the Illinois oil
and gas
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exploration and production industry, to encourage the wise and | ||||
efficient use of
energy, to promote environmentally
sound | ||||
production methods and technologies, to develop existing | ||||
supplies of
State oil and gas resources, and to support | ||||
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: | ||||
(1) Through December 31, 2006, the Governor shall make | ||||
appointments from a
list of names submitted by qualified | ||||
producer associations, of which 10 shall
be oil and gas | ||
producers. | ||
(2) Beginning January 1, 2007, all appointments shall | ||
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 | ||
oil industry.
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(d) Members shall serve for a term of 3 years, except that | ||
of the initial
appointments, 4 members shall serve for one | ||
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 | ||
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 | ||
members as
chairperson, who shall preside over meetings of the | ||
Board and perform
other duties that may be required by the | ||
Board. The first meeting of the Board
shall be called by the | ||
Governor.
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(g) No member of the Board shall receive a salary or | ||
reimbursement for
duties performed as a member of the Board, | ||
except that members are eligible to
receive
reimbursement for | ||
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 | ||
becoming law.
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