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| Public Act 096-0754 |
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AN ACT concerning economic development.
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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 1. Short title. This Act may be cited as the Carbon | ||||
Capture and Sequestration Legislation Commission Act. | ||||
Section 5. Definitions. As used in this Act: | ||||
"CO2" means carbon dioxide. | ||||
"Commission" means the Carbon Capture and Sequestration | ||||
Legislation Commission. | ||||
"Director" means the Director of the Illinois Power Agency.
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Section 10. Creation of the Carbon Capture and | ||||
Sequestration Legislation Commission. | ||||
(a) The Carbon Capture and Sequestration Legislation | ||||
Commission is created and shall consist of 11 members, | ||||
including the Director, who shall serve as the ex-officio | ||||
chairperson of the Commission. | ||||
(b) The remaining 10 members of the Commission shall be | ||||
appointed as follows: | ||||
(1) one member shall be appointed by the Speaker of the | ||||
House of Representatives; | ||||
(2) one member shall be appointed by the President of | ||||
the Senate; | ||||
(3) one member shall be appointed by the Minority | ||
Leader of the House of Representatives; | ||
(4) one member shall be appointed by the Minority | ||
Leader of the Senate; | ||
(5) one member shall be the Chairperson of the Illinois | ||
Commerce Commission, or his or her designee; and | ||
(5) 5 members shall be appointed by the Governor. | ||
(c) The appointments made by the Governor shall include one | ||
member with legal expertise, one member with engineering | ||
expertise, one member with financial expertise, one member | ||
representing the employer community, and one member | ||
representing the environmental community. | ||
(d) The Director may retain services from outside parties | ||
with legal, engineering, and financial expertise to assist the | ||
Commission in carrying out its duties. | ||
(e) The Illinois Commerce Commission may assist the | ||
Director in staffing and administering the Commission. | ||
(f) Commission members are not eligible to receive | ||
compensation or reimbursement of expenses.
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Section 15. Report on carbon capture and sequestration | ||
legislation. | ||
(a) The Commission shall file a report no later than
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December 31, 2010 with the General Assembly on all issues | ||
deemed appropriate to carbon capture and sequestration | ||
legislation, including, but not limited to, the following: | ||
(1) Ownership of the CO2. | ||
(2) Liability for release of CO2. | ||
(3) Acquisition and ownership of pore space. | ||
(4) Procedures and safeguards for the transportation | ||
and sequestration of CO2. | ||
(5) Methodology to establish any necessary fees,
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costs, or offsets. | ||
(6) Potential use of CO2. | ||
(7) Construction of pipelines. | ||
(8) Coordination with applicable federal law or | ||
regulatory commissions. | ||
(b) The Commission shall be abolished upon filing its | ||
report with the General Assembly. | ||
Section 20. Repealer. This Act is repealed on January 1, | ||
2011.
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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