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Public Act 098-0044 | ||||
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AN ACT concerning State government.
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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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(5 ILCS 390/Act rep.)
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Section 5. The Supported Employees Act is repealed.
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(20 ILCS 605/605-75 rep.)
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Section 10. The Department of Commerce and Economic | ||||
Opportunity Law of the
Civil Administrative Code of Illinois is | ||||
amended by repealing Section 605-75. | ||||
Section 15. The Energy Conservation and Coal Development | ||||
Act is amended by changing Section 3 as follows:
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(20 ILCS 1105/3) (from Ch. 96 1/2, par. 7403)
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Sec. 3. Powers and Duties.
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(a) In addition to its other powers, the Department has the | ||||
following
powers:
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(1) To administer for the State any energy programs and | ||||
activities
under federal law, regulations or guidelines, | ||||
and to coordinate such
programs and activities with other | ||||
State agencies, units of local
government, and educational | ||||
institutions.
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(2) To represent the State in energy matters involving |
the federal
government, other states, units of local | ||
government, and regional
agencies.
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(3) To prepare energy contingency plans for | ||
consideration by the
Governor and the General Assembly. | ||
Such plans shall include procedures
for determining when a | ||
foreseeable danger exists of energy shortages,
including | ||
shortages of petroleum, coal, nuclear power, natural gas, | ||
and
other forms of energy, and shall specify the actions to | ||
be taken to
minimize hardship and maintain the general | ||
welfare during such energy
shortages.
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(4) To cooperate with State colleges and universities | ||
and their
governing boards in energy programs and | ||
activities.
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(5) (Blank).
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(6) To accept, receive, expend, and administer, | ||
including by
contracts and grants to other State agencies, | ||
any energy-related gifts,
grants, cooperative agreement | ||
funds, and other funds made available to
the Department by | ||
the federal government and other public and private
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sources.
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(7) To investigate practical problems, seek and | ||
utilize financial
assistance, implement studies and | ||
conduct research relating to the
production, distribution | ||
and use of alcohol fuels.
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(8) To serve as a clearinghouse for information on | ||
alcohol production
technology; provide assistance, |
information and data relating to the production
and use of | ||
alcohol; develop informational packets and brochures, and | ||
hold
public seminars to encourage the development and | ||
utilization of the best
available technology.
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(9) To coordinate with other State agencies in order to | ||
promote the
maximum flow of information and to avoid | ||
unnecessary overlapping of alcohol
fuel programs. In order | ||
to effectuate this goal, the Director of the
Department or | ||
his representative shall consult with the Directors, or | ||
their
representatives, of the Departments of Agriculture, | ||
Central Management
Services, Transportation, and Revenue, | ||
the
Office of the State Fire Marshal, and the Environmental | ||
Protection Agency.
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(10) To operate, within the Department, an Office of | ||
Coal Development
and Marketing for the promotion and | ||
marketing of Illinois coal both
domestically and | ||
internationally. The Department may use monies | ||
appropriated
for this purpose for necessary administrative | ||
expenses.
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The
Office of Coal Development and Marketing shall | ||
develop and implement an
initiative to assist the coal | ||
industry in Illinois to increase its share of the
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international coal market.
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(11) To assist the Department of Central Management | ||
Services in
establishing and maintaining a system to | ||
analyze and report energy
consumption of facilities leased |
by the Department of Central Management
Services.
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(12) To consult with the Departments of Natural | ||
Resources and
Transportation and the Illinois | ||
Environmental
Protection Agency for the purpose of | ||
developing methods and standards that
encourage the | ||
utilization of coal combustion by-products as value added
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products in productive and benign applications.
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(13) To provide technical assistance and information | ||
to
sellers and distributors of storage hot water heaters | ||
doing business in
Illinois, pursuant to Section 1 of the | ||
Hot Water Heater Efficiency Act.
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(b) (Blank).
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(c) (Blank).
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(d) The Department shall develop a package of educational | ||
materials
regarding the necessity of waste reduction and | ||
recycling to reduce
dependence on landfills and to maintain | ||
environmental quality. The
materials developed shall be | ||
suitable for instructional use in grades 3, 4
and 5. The | ||
Department shall distribute such instructional material to all
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public elementary and unit school districts no later than | ||
November 1, of
each year.
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(e) (Blank). The Department shall study the feasibility of | ||
requiring that wood
and sawdust from construction waste, | ||
demolition projects, sawmills, or other
projects or industries | ||
where wood is used in a large amount be shredded
and composted, | ||
and that such wood be prohibited from being disposed of in a
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landfill. The Department shall report the results of this study | ||
to the
General Assembly by January 1, 1991.
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(f) (Blank).
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(g) (Blank). The Department shall develop a program | ||
designated to encourage the
recycling of outdated telephone | ||
directories and to encourage the printing
of new directories on | ||
recycled paper. The Department shall work in
conjunction with | ||
printers and distributors of telephone directories
distributed | ||
in the State to provide them with any technical assistance
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available in their efforts to procure appropriate recycled | ||
paper. The
Department shall also encourage directory | ||
distributors to pick up outdated
directories as they distribute | ||
new ones, and shall assist any distributor
who is willing to do | ||
so in finding a recycler willing to purchase the old
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directories and in publicizing and promoting with citizens of | ||
the area
the distributor's collection efforts and schedules.
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(h) (Blank). The Department shall assist, cooperate with | ||
and provide necessary
staff and resources for the Interagency | ||
Energy Conservation Committee,
which shall be chaired by the | ||
Director of the Department.
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(i) (Blank).
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(Source: P.A. 92-736, eff. 7-25-02.)
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Section 20. The Illinois Emergency Management Agency Act is | ||
amended by changing Section 18 as follows:
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(20 ILCS 3305/18) (from Ch. 127, par. 1068)
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Sec. 18. Orders, Rules and Regulations.
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(a) The Governor shall
file a copy of every rule, | ||
regulation or order, and any amendment thereof made
by the | ||
Governor under the provisions of this Act in the office of
the | ||
Secretary
of State. No rule, regulation or order, or any | ||
amendment thereof shall be
effective until 10 days after the | ||
filing, provided, however, that upon
the declaration of a | ||
disaster by the Governor as is described
in Section 7 the | ||
provision relating to the effective date of any rule,
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regulation, order or amendment issued under this Act and during
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the state of disaster is abrogated, and the rule, regulation,
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order or amendment shall become effective immediately upon | ||
being filed with
the Secretary of State accompanied by a | ||
certificate stating the reason
as required by the Illinois | ||
Administrative Procedure Act.
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(b) Every emergency services and disaster agency
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established pursuant to this Act and the coordinators thereof | ||
shall execute
and enforce the orders, rules and regulations as | ||
may be made by the Governor
under authority of this Act. Each | ||
emergency services and
disaster agency
shall have available
for | ||
inspection at its office all orders, rules and regulations made | ||
by the
Governor, or under the Governor's authority. The | ||
Illinois Emergency Management
Agency shall furnish on the | ||
Department's website the orders,
rules and regulations
to each | ||
such
emergency services and disaster agency. Upon the written |
request of an emergency services or disaster agency, copies | ||
thereof shall be mailed to the emergency services or disaster | ||
agency.
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(Source: P.A. 92-73, eff. 1-1-02.)
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(20 ILCS 4020/Act rep.) | ||
Section 25. The Prairie State 2000 Authority Act is | ||
repealed. | ||
Section 30. The State Finance Act is amended by changing | ||
Sections 5h and 6z-17 as follows: | ||
(30 ILCS 105/5h) | ||
Sec. 5h. Cash flow borrowing and general funds liquidity. | ||
(a) In order to meet cash flow deficits and to maintain | ||
liquidity in the General Revenue Fund, the Healthcare Provider | ||
Relief Fund, and the Common School Fund, on and after July 1, | ||
2010 and through June 30, 2011, the State Treasurer and the | ||
State Comptroller shall make transfers to the General Revenue | ||
Fund, the Healthcare Provider Relief Fund, or the Common School | ||
Fund, as directed by the Governor, out of special funds of the | ||
State, to the extent allowed by federal law. No transfer may be | ||
made from a fund under this Section that would have the effect | ||
of reducing the available balance in the fund to an amount less | ||
than the amount remaining unexpended and unreserved from the | ||
total appropriation from that fund estimated to be expended for |
that fiscal year. No such transfer may reduce the cumulative | ||
balance of all of the special funds of the State to an amount | ||
less than the total debt service payable during the 12 months | ||
immediately following the date of the transfer on any bonded | ||
indebtedness of the State and any certificates issued under the | ||
Short Term Borrowing Act. Notwithstanding any other provision | ||
of this Section, no such transfer may be made from any special | ||
fund that is exclusively collected by or appropriated to any | ||
other constitutional officer without the written approval of | ||
that constitutional officer. | ||
(b) If moneys have been transferred to the General Revenue | ||
Fund, the Healthcare Provider Relief Fund, or the Common School | ||
Fund pursuant to subsection (a) of this Section, this | ||
amendatory Act of the 96th General Assembly shall constitute | ||
the irrevocable and continuing authority for and direction to | ||
the State Treasurer and State Comptroller to reimburse the | ||
funds of origin from the General Revenue Fund, the Healthcare | ||
Provider Relief Fund, or the Common School Fund, as | ||
appropriate, by transferring to the funds of origin, at such | ||
times and in such amounts as directed by the Governor when | ||
necessary to support appropriated expenditures from the funds, | ||
an amount equal to that transferred from them plus any interest | ||
that would have accrued thereon had the transfer not occurred, | ||
except that any moneys transferred pursuant to subsection (a) | ||
of this Section shall be repaid to the fund of origin within 18 | ||
months after the date on which they were borrowed. |
(c) On the first day of each quarterly period in each | ||
fiscal year, until such time as a report indicates that all | ||
moneys borrowed and interest pursuant to this Section have been | ||
repaid, the Governor's Office of Management and Budget shall | ||
provide to the President and the Minority Leader of the Senate, | ||
the Speaker and the Minority Leader of the House of | ||
Representatives, and the Commission on Government Forecasting | ||
and Accountability a report on all transfers made pursuant to | ||
this Section in the prior quarterly period. The report must be | ||
provided in both written and electronic format. The report must | ||
include all of the following: | ||
(1) The date each transfer was made. | ||
(2) The amount of each transfer. | ||
(3) In the case of a transfer from the General Revenue | ||
Fund, the Healthcare Provider Relief Fund, or the Common | ||
School Fund to a fund of origin pursuant to subsection (b) | ||
of this Section, the amount of interest being paid to the | ||
fund of origin. | ||
(4) The end of day balance of both the fund of origin | ||
and the General Revenue Fund, the Healthcare Provider | ||
Relief Fund, or the Common School Fund, whichever the case | ||
may be, on the date the transfer was made.
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(Source: P.A. 96-958, eff. 7-1-10; 96-1500, eff. 1-18-11; | ||
97-72, eff. 7-1-11 (see also P.A. 97-613 regarding effective | ||
date of P.A. 97-72).)
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(30 ILCS 105/6z-17) (from Ch. 127, par. 142z-17)
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Sec. 6z-17. Of the money paid into the State and Local | ||||||||||||
Sales Tax Reform
Fund: (i) subject to appropriation to the | ||||||||||||
Department of Revenue,
Municipalities having 1,000,000 or more | ||||||||||||
inhabitants shall
receive 20% and may expend such amount to | ||||||||||||
fund and establish a program for
developing and coordinating | ||||||||||||
public and private resources targeted to meet
the affordable | ||||||||||||
housing needs of low-income and very low-income households
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within such municipality, (ii) 10% shall be transferred into | ||||||||||||
the Regional
Transportation Authority Occupation and Use Tax | ||||||||||||
Replacement Fund, a special
fund in the State treasury which is | ||||||||||||
hereby created, (iii) until July 1, 2013, subject to
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appropriation to the Department of Transportation, the The | ||||||||||||
Madison County Mass Transit
District shall receive .6%, and | ||||||||||||
beginning on July 1, 2013, subject to appropriation to the | ||||||||||||
Department of Revenue, 0.6% shall be distributed each month out | ||||||||||||
of the Fund to the Madison County Mass Transit District, (iv)
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the following amounts, plus any cumulative deficiency in such | ||||||||||||
transfers for
prior months, shall be transferred monthly into | ||||||||||||
the Build Illinois
Fund and credited to the Build Illinois Bond | ||||||||||||
Account therein:
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From Fiscal Year 1994 through Fiscal Year 2025 the transfer | ||
shall total
$3,150,000 monthly, plus any cumulative deficiency | ||
in such transfers for
prior months, and (v) the remainder of | ||
the money paid into the State and
Local Sales Tax Reform Fund | ||
shall be
transferred into the Local Government Distributive | ||
Fund and, except for
municipalities with 1,000,000 or more | ||
inhabitants which shall receive no
portion of such remainder, | ||
shall be distributed, subject to appropriation,
in the manner | ||
provided by Section 2 of "An Act in relation to State revenue
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sharing with local government entities", approved July 31, | ||
1969, as now or
hereafter amended. Municipalities with more | ||
than 50,000 inhabitants
according to the 1980 U.S. Census and | ||
located within the Metro East Mass
Transit District receiving | ||
funds pursuant to provision (v) of this
paragraph may expend | ||
such amounts to fund and establish a program for
developing and | ||
coordinating public and private resources targeted to meet
the | ||
affordable housing needs of low-income and very low-income | ||
households
within such municipality.
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(Source: P.A. 95-708, eff. 1-18-08.)
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Section 35. The Federal Stimulus Tracking Act is amended by | ||
changing Section 5 as follows: | ||
(30 ILCS 270/5) | ||
(Section scheduled to be repealed on January 1, 2015)
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Sec. 5. Federal stimulus tracking. |
(a) The Governor's Office, or a designated State agency, | ||
shall track and report by means of a quarterly monthly report | ||
the State's spending of the federal stimulus moneys provided | ||
pursuant to the American Recovery and Reinvestment Act of 2009. | ||
(b) Each quarterly monthly report shall list the amount of | ||
the State's federal stimulus spending, by category, based on | ||
available federal and State data. The reports may also list any | ||
required matching funds required by the State to be eligible | ||
for federal stimulus funding. The reports may make | ||
recommendations (i) concerning ways for Illinois to maximize | ||
its share of federal stimulus spending or (ii) suggesting | ||
changes to Illinois law that could help to maximize its share | ||
of federal stimulus spending. A final report compiling data | ||
from the quarterly monthly reports shall be available online at | ||
the conclusion of the American Recovery and Reinvestment Act | ||
program or by December 31, 2014, whichever occurs first. | ||
(c) The reports shall be available on a State of Illinois | ||
website and filed with the Speaker and Minority Leader of the | ||
House and the President and Minority Leader of the Senate. | ||
(d) The General Assembly may by resolution request that | ||
specific data, findings, or analyses be included in a monthly | ||
report. The Commission on Government Forecasting and | ||
Accountability shall provide the Governor's Office technical, | ||
analytical, and substantive assistance in preparing the | ||
requested data, findings, or analyses. | ||
(e) This Act is repealed on January 1, 2015.
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(Source: P.A. 96-169, eff. 8-10-09.) | ||
Section 40. The General Obligation Bond Act is amended by | ||
changing Section 11 as follows:
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(30 ILCS 330/11) (from Ch. 127, par. 661)
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Sec. 11. Sale of Bonds. Except as otherwise provided in | ||
this Section,
Bonds shall be sold from time to time pursuant to
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notice of sale and public bid or by negotiated sale
in such | ||
amounts and at such
times as is directed by the Governor, upon | ||
recommendation by the Director of
the
Governor's Office of | ||
Management and Budget. At least 25%, based on total principal | ||
amount, of all Bonds issued each fiscal year shall be sold | ||
pursuant to notice of sale and public bid. At all times during | ||
each fiscal year, no more than 75%, based on total principal | ||
amount, of the Bonds issued each fiscal year, shall have been | ||
sold by negotiated sale. Failure to satisfy the requirements in | ||
the preceding 2 sentences shall not affect the validity of any | ||
previously issued Bonds; provided that all Bonds authorized by | ||
Public Act 96-43 and this amendatory Act of the 96th General | ||
Assembly shall not be included in determining compliance for | ||
any fiscal year with the requirements of the preceding 2 | ||
sentences; and further provided that refunding Bonds | ||
satisfying the requirements of Section 16 of this Act and sold | ||
during fiscal year 2009, 2010, or 2011 shall not be subject to | ||
the requirements in the preceding 2 sentences.
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If
any Bonds, including refunding Bonds, are to be sold by | ||
negotiated
sale, the
Director of the
Governor's Office of | ||
Management and Budget
shall comply with the
competitive request | ||
for proposal process set forth in the Illinois
Procurement Code | ||
and all other applicable requirements of that Code.
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If Bonds are to be sold pursuant to notice of sale and | ||
public bid, the
Director of the
Governor's Office of Management | ||
and Budget may shall , from time to time, as Bonds are to be | ||
sold, advertise
the sale of the Bonds in at least 2 daily | ||
newspapers, one of which is
published in the City of | ||
Springfield and one in the City of Chicago. The sale
of the | ||
Bonds shall also be
advertised in the volume of the Illinois | ||
Procurement Bulletin that is
published by the Department of | ||
Central Management Services , and . Each of
the advertisements | ||
for
proposals shall be published once at least
10 days prior to | ||
the date fixed
for the opening of the bids. The Director of the
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Governor's Office of Management and Budget may
reschedule the | ||
date of sale upon the giving of such additional notice as the
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Director deems adequate to inform prospective bidders of
such | ||
change; provided, however, that all other conditions of the | ||
sale shall
continue as originally advertised.
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Executed Bonds shall, upon payment therefor, be delivered | ||
to the purchaser,
and the proceeds of Bonds shall be paid into | ||
the State Treasury as directed by
Section 12 of this Act.
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(Source: P.A. 96-18, eff. 6-26-09; 96-43, eff. 7-15-09; | ||
96-1497, eff. 1-14-11.)
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Section 45. The Build Illinois Bond Act is amended by | ||
changing Section 8 as follows:
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(30 ILCS 425/8) (from Ch. 127, par. 2808)
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Sec. 8. Sale of Bonds. Bonds, except as otherwise provided | ||
in this Section, shall be sold from time to time pursuant to
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notice of sale and public bid or by negotiated sale in such | ||
amounts and at such
times as are directed by the Governor, upon | ||
recommendation by the Director of
the Governor's Office of | ||
Management and Budget. At least 25%, based on total principal | ||
amount, of all Bonds issued each fiscal year shall be sold | ||
pursuant to notice of sale and public bid. At all times during | ||
each fiscal year, no more than 75%, based on total principal | ||
amount, of the Bonds issued each fiscal year shall have been | ||
sold by negotiated sale. Failure to satisfy the requirements in | ||
the preceding 2 sentences shall not affect the validity of any | ||
previously issued Bonds; and further provided that refunding | ||
Bonds satisfying the requirements of Section 15 of this Act and | ||
sold during fiscal year 2009, 2010, or 2011 shall not be | ||
subject to the requirements in the preceding 2 sentences. | ||
If any Bonds are to be sold pursuant to notice of sale and | ||
public bid, the Director of the
Governor's Office of Management | ||
and Budget shall comply with the
competitive request for | ||
proposal process set forth in the Illinois
Procurement Code and | ||
all other applicable requirements of that Code. |
If Bonds are to be sold pursuant to notice of sale and | ||
public bid, the
Director of the
Governor's Office of Management | ||
and Budget may shall , from time to time, as Bonds are to be | ||
sold, advertise
the sale of the Bonds in at least 2 daily | ||
newspapers, one of which is
published in the City of | ||
Springfield and one in the City of Chicago. The sale
of the | ||
Bonds shall also be
advertised in the volume of the Illinois | ||
Procurement Bulletin that is
published by the Department of | ||
Central Management Services , and . Each of
the advertisements | ||
for
proposals shall be published once at least 10 days prior to | ||
the date fixed
for the opening of the bids. The Director of the
| ||
Governor's Office of Management and Budget may
reschedule the | ||
date of sale upon the giving of such additional notice as the
| ||
Director deems adequate to inform prospective bidders of
the | ||
change; provided, however, that all other conditions of the | ||
sale shall
continue as originally advertised.
Executed Bonds | ||
shall, upon payment
therefor, be delivered to the purchaser, | ||
and the proceeds of Bonds shall be
paid into the State Treasury | ||
as
directed by Section 9 of this Act.
The
Governor or the | ||
Director of the
Governor's Office of Management and Budget is | ||
hereby authorized
and directed to execute and
deliver contracts | ||
of sale with underwriters and to execute and deliver such
| ||
certificates, indentures, agreements and documents, including | ||
any
supplements or amendments thereto, and to take such actions | ||
and do such
things as shall be necessary or desirable to carry | ||
out the purposes of this
Act.
Any action authorized or |
permitted to be taken by the Director of the
Governor's Office | ||
of Management and Budget
pursuant to this Act is hereby | ||
authorized to be taken
by any person specifically designated by | ||
the Governor to take such action
in a certificate signed by the | ||
Governor and filed with the Secretary of State.
| ||
(Source: P.A. 96-18, eff. 6-26-09.)
| ||
(50 ILCS 330/5 rep.) | ||
Section 50. The Illinois Municipal Budget Law is amended by | ||
repealing Section 5. | ||
Section 55. The School Code is amended by changing Section | ||
14-8.04 as follows:
| ||
(105 ILCS 5/14-8.04) (from Ch. 122, par. 14-8.04)
| ||
Sec. 14-8.04. Supported employment. The school board that | ||
is the
governing body of any secondary school in this State | ||
that provides special
education services and facilities for | ||
children with
disabilities shall include,
as part of preparing | ||
the transition planning for disabled children who are
16 years | ||
of age or more, consideration of a supported employment | ||
component
with experiences in integrated community settings | ||
for those eligible children
with disabilities who have been | ||
determined at an
IEP meeting to be in
need of participation in | ||
the supported employment services offered pursuant
to this | ||
Section.
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Supported employment services made available as part of | ||
transition
planning under this Section shall be designed and | ||
developed for school
boards by the State Board of Education, in | ||
consultation with programs such
as Project CHOICES (Children | ||
Have Opportunities In Integrated Community
Environments), | ||
parents and advocates of children with disabilities, and the
| ||
Departments of Central Management Services and Human
Services , | ||
and
shall be maintained and operated in such manner as to | ||
coordinate with
supported employee programs administered under | ||
the Supported Employees Act .
| ||
(Source: P.A. 89-397, eff. 8-20-95; 89-507, eff. 7-1-97.)
| ||
(105 ILCS 55/Act rep.)
| ||
Section 60. The School Employee Benefit Act is repealed. | ||
Section 65. The Illinois Banking Act is amended by changing | ||
Section 5 as follows:
| ||
(205 ILCS 5/5) (from Ch. 17, par. 311)
| ||
Sec. 5. General corporate powers. A bank organized under | ||
this Act
or subject hereto shall be a body corporate and | ||
politic and shall,
without specific mention thereof in the | ||
charter, have all the powers
conferred by this Act and the | ||
following additional general corporate
powers:
| ||
(1) To sue and be sued, complain, and defend in its | ||
corporate name.
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(2) To have a corporate seal, which may be altered at | ||
pleasure, and
to use the same by causing it or a facsimile | ||
thereof to be impressed or
affixed or in any manner reproduced, | ||
provided that the affixing of a
corporate
seal to an instrument | ||
shall not give the instrument additional force or effect,
or | ||
change the construction thereof, and the use of a corporate | ||
seal is not
mandatory.
| ||
(3) To make, alter, amend, and repeal bylaws, not | ||
inconsistent with
its charter or with law, for the | ||
administration of the affairs of the bank.
If this Act does not | ||
provide specific guidance in matters of corporate
governance, | ||
the provisions of the Business Corporation Act of 1983 may be
| ||
used if so provided in the bylaws, and if the bank is a limited | ||
liability
company, the provisions of the Limited Liability | ||
Company Act shall be used.
| ||
(4) To elect or appoint and remove officers and agents of | ||
the bank
and define their duties and fix their compensation.
| ||
(5) To adopt and operate reasonable bonus plans, | ||
profit-sharing
plans, stock-bonus plans, stock-option plans, | ||
pension plans and similar
incentive plans for its directors, | ||
officers and employees.
| ||
(5.1) To manage, operate and administer a fund for the | ||
investment of funds
by a public agency or agencies, including | ||
any unit of local government or
school district, or any person. | ||
The fund for a public agency shall invest in
the same type of | ||
investments and be subject to the same limitations provided
for |
the investment of public funds. The fund for public agencies | ||
shall
maintain a separate ledger showing the amount of | ||
investment for each public
agency in the fund. "Public funds" | ||
and "public agency" as used in this Section
shall have the | ||
meanings ascribed to them in Section 1 of the Public Funds
| ||
Investment Act.
| ||
(6) To make reasonable donations for the public welfare or | ||
for charitable,
scientific, religious or educational purposes.
| ||
(7) To borrow or incur an obligation; and to pledge its | ||
assets:
| ||
(a) to secure its borrowings, its lease of personal or | ||
real property or
its other nondeposit obligations;
| ||
(b) to enable it to act as agent for the sale of | ||
obligations of the
United States;
| ||
(c) to secure deposits of public money of the United | ||
States,
whenever required by the laws of the United States, | ||
including without
being limited to, revenues and funds the | ||
deposit of which is subject to
the control or regulation of | ||
the United States or any of its officers,
agents, or | ||
employees and Postal Savings funds;
| ||
(d) to secure deposits of public money of any state or | ||
of any
political corporation or subdivision thereof
| ||
including, without being limited to, revenues and funds the | ||
deposit of which
is subject to the control or regulation of | ||
any state or of any political
corporation or subdivisions | ||
thereof or of any of their officers, agents, or
employees;
|
(e) to secure deposits of money whenever required by | ||
the National
Bankruptcy Act;
| ||
(f) (blank); and
| ||
(g) to secure trust funds commingled with the bank's | ||
funds, whether
deposited by the bank or an affiliate of the | ||
bank, pursuant to Section 2-8 of
the Corporate Fiduciary | ||
Act.
| ||
(8) To own, possess, and carry as assets all or part of the | ||
real
estate necessary in or with which to do its banking | ||
business, either
directly or indirectly through the ownership | ||
of all or part of the
capital stock, shares or interests in any | ||
corporation, association,
trust engaged in holding any part or | ||
parts or all of the bank
premises, engaged in such business and | ||
in conducting a safe
deposit business in the premises or part | ||
of them, or engaged in any activity
that the bank is permitted | ||
to conduct in a subsidiary pursuant to paragraph
(12) of this | ||
Section 5.
| ||
(9) To own, possess, and carry as assets other real estate | ||
to
which it may obtain title in the collection of its debts or | ||
that was
formerly used as a part of the bank premises, but | ||
title to
any real estate except as herein permitted shall not | ||
be retained by the
bank, either directly or by or through a | ||
subsidiary, as permitted by
subsection (12) of this Section for | ||
a total period of more than 10
years
after acquiring title, | ||
either directly or indirectly.
| ||
(10) To do any act, including the acquisition of stock, |
necessary to
obtain insurance of its deposits, or part thereof, | ||
and any act necessary
to obtain a guaranty, in whole or in | ||
part, of any of its loans or
investments by the United States | ||
or any agency thereof, and any act
necessary to sell or | ||
otherwise dispose of any of its loans or
investments to the | ||
United States or any agency thereof, and to acquire
and hold | ||
membership in the Federal Reserve System.
| ||
(11) Notwithstanding any other provisions of this Act or | ||
any
other law, to do any act
and to own, possess, and carry as | ||
assets property of the character,
including stock, that is at | ||
the time authorized or permitted to
national banks by an Act of | ||
Congress, but subject always to the same
limitations and | ||
restrictions as are applicable to national banks by the
| ||
pertinent federal law and subject to applicable provisions of | ||
the
Financial Institutions Insurance Sales Law.
| ||
(12) To own, possess, and carry as assets stock of one or | ||
more
corporations that is, or are, engaged in one or more of | ||
the
following businesses:
| ||
(a) holding title to and administering assets acquired
| ||
as a result of the collection or liquidating of loans, | ||
investments, or
discounts; or
| ||
(b) holding title to and administering personal | ||
property acquired by
the bank, directly or indirectly | ||
through a subsidiary, for the
purpose of leasing to others, | ||
provided the lease or leases and the
investment of the | ||
bank, directly or through a subsidiary, in that
personal |
property otherwise comply with Section 35.1 of this Act; or
| ||
(c) carrying on or administering any of the activities | ||
excepting the
receipt of deposits or the payment of checks | ||
or other orders for the
payment of money in which a bank | ||
may engage in carrying on its general
banking business; | ||
provided, however, that nothing contained in this
| ||
paragraph (c) shall be deemed to permit a bank organized | ||
under this Act or
subject hereto to do, either directly or | ||
indirectly through any
subsidiary, any act, including the | ||
making of any loan or investment, or to
own, possess, or | ||
carry as assets any property that if done by or owned,
| ||
possessed, or carried by the State bank would be in | ||
violation of or
prohibited by any provision of this Act.
| ||
The provisions of this subsection (12) shall not apply to | ||
and shall not
be deemed to limit the powers of a State bank | ||
with respect to the
ownership, possession, and carrying of | ||
stock that a State bank is permitted to
own, possess, or carry | ||
under this Act.
| ||
Any bank intending to establish a subsidiary under this | ||
subsection
(12) shall give written notice to the Commissioner | ||
60 days prior to the
subsidiary's commencing of business or, as | ||
the case may be, prior to
acquiring stock in a corporation that | ||
has already commenced business. After
receiving the notice, the | ||
Commissioner may waive or reduce the balance of the
60 day | ||
notice period. The
Commissioner may specify the form of the | ||
notice , may designate the types of subsidiaries not subject to |
this notice requirement, and may promulgate rules
and | ||
regulations to administer this subsection (12).
| ||
(13) To accept for payment at a future date not exceeding | ||
one year
from the date of acceptance, drafts drawn upon it by | ||
its customers; and
to issue, advise, or confirm letters of | ||
credit authorizing the holders
thereof to draw drafts upon it | ||
or its correspondents.
| ||
(14) To own and lease personal property acquired by the | ||
bank at the
request of a prospective lessee and upon the | ||
agreement of that person to
lease the personal property | ||
provided that the lease, the agreement
with respect thereto, | ||
and the amount of the investment of the bank in
the property | ||
comply with Section 35.1 of this Act.
| ||
(15) (a) To establish and maintain, in addition to the main
| ||
banking premises, branches offering any banking services | ||
permitted at the main
banking premises of a State bank.
| ||
(b) To establish and maintain, after May 31, 1997, | ||
branches in
another state that may conduct any activity in | ||
that state that is authorized or
permitted for any bank | ||
that has a banking charter issued by that state, subject
to | ||
the same limitations and restrictions that are applicable | ||
to banks chartered
by that state.
| ||
(16) (Blank).
| ||
(17) To establish and maintain terminals, as authorized by | ||
the
Electronic Fund Transfer Act.
| ||
(18) To establish and maintain temporary service booths at |
any
International Fair held in this State which is approved by | ||
the United
States Department of Commerce, for the duration of | ||
the international fair
for the sole purpose of providing a | ||
convenient place for foreign trade
customers at the fair to | ||
exchange their home countries' currency into
United States | ||
currency or the converse. This power shall not be construed
as | ||
establishing a new place or change of location for the bank | ||
providing
the service booth.
| ||
(19) To indemnify its officers, directors, employees, and
| ||
agents, as authorized for corporations under Section 8.75 of | ||
the
Business Corporation Act of 1983.
| ||
(20) To own, possess, and carry as assets stock of, or be | ||
or become a
member of, any corporation, mutual company, | ||
association, trust, or other
entity formed exclusively for the | ||
purpose of providing directors' and
officers' liability and | ||
bankers' blanket bond insurance or reinsurance
to and for the | ||
benefit of the stockholders, members, or beneficiaries, or | ||
their
assets or businesses, or their officers, directors, | ||
employees, or agents, and
not to or for the benefit of any | ||
other person or entity or the public
generally.
| ||
(21) To make debt or equity investments in corporations or | ||
projects,
whether for profit or not for profit, designed to | ||
promote the development
of the community and its welfare, | ||
provided that the aggregate investment in
all of these | ||
corporations and in all of these projects does not exceed 10% | ||
of
the
unimpaired capital and unimpaired surplus of the bank |
and provided that
this
limitation shall not apply to | ||
creditworthy loans by the bank to those
corporations or | ||
projects. Upon written application to the Commissioner, a
bank | ||
may make an investment that would, when aggregated with all | ||
other
such investments, exceed 10% of the unimpaired capital | ||
and
unimpaired
surplus of the
bank. The Commissioner may | ||
approve the investment if he is of the opinion
and finds that | ||
the proposed investment will not have a material adverse
effect | ||
on the safety and soundness of the bank.
| ||
(22) To own, possess, and carry as assets the stock of a | ||
corporation
engaged in the ownership or operation of a travel | ||
agency or to operate a
travel agency as a part of its business.
| ||
(23) With respect to affiliate facilities:
| ||
(a) to conduct at affiliate facilities for and on | ||
behalf of another
commonly owned bank, if so
authorized by | ||
the other bank, all transactions that the other bank is
| ||
authorized or permitted to perform; and
| ||
(b) to authorize a commonly owned bank to conduct for | ||
and on behalf of
it any of the transactions it is | ||
authorized or permitted to perform at one or
more
affiliate | ||
facilities.
| ||
Any bank intending to conduct or to authorize a commonly | ||
owned bank to
conduct at an affiliate facility any of the | ||
transactions specified in this
paragraph (23) shall give | ||
written notice to the Commissioner at least 30
days before any | ||
such transaction is conducted at the affiliate facility.
|
(24) To act as the agent for any fire, life, or other | ||
insurance company
authorized by the State of Illinois, by | ||
soliciting and selling insurance and
collecting premiums on | ||
policies issued by such company; and to
receive for services so | ||
rendered such fees or commissions as may be agreed upon
between | ||
the bank and the insurance company for which it may act as
| ||
agent; provided, however, that no such bank shall in any case | ||
assume or
guarantee the payment of any premium on insurance | ||
policies issued through its
agency by its principal; and | ||
provided further, that the bank shall not
guarantee the truth | ||
of any statement made by an assured in filing his
application | ||
for insurance.
| ||
(25) Notwithstanding any other provisions of this Act or | ||
any other law,
to offer any product or service that is at the | ||
time authorized or permitted to
any insured savings association | ||
or out-of-state bank by applicable law,
provided that powers
| ||
conferred only by this subsection (25):
| ||
(a) shall always be subject to the same limitations and | ||
restrictions that
are applicable to the insured savings | ||
association or out-of-state bank for
the product or service | ||
by
such applicable law;
| ||
(b) shall be subject to applicable provisions of the | ||
Financial
Institutions Insurance Sales Law;
| ||
(c) shall not include the right to own or conduct a | ||
real estate brokerage
business for which a license would be | ||
required under the laws of this State;
and
|
(d) shall not be construed to include the establishment | ||
or maintenance of
a branch, nor shall they be construed to | ||
limit the establishment or maintenance
of a branch pursuant | ||
to subsection (11).
| ||
Not less than 30 days before engaging in any activity under | ||
the authority
of this subsection, a bank shall provide written | ||
notice to the Commissioner of
its intent to engage in the | ||
activity. The notice shall indicate the specific
federal or | ||
state law, rule, regulation, or interpretation the bank intends | ||
to
use as authority to engage in the activity.
| ||
(Source: P.A. 92-483, eff.
8-23-01; 92-811, eff. 8-21-02; | ||
93-561; eff.1-1-04.)
| ||
Section 70. The Savings Bank Act is amended by changing | ||
Section 8006 as follows:
| ||
(205 ILCS 205/8006) (from Ch. 17, par. 7308-6)
| ||
Sec. 8006. Merger; Secretary's certificate. The executed | ||
merger agreement
together with copies of the resolutions of the | ||
members or stockholders of each
merging depository institution | ||
approving it, certified by the president or vice president,
and | ||
attested to by the secretary of the savings bank, shall be | ||
filed with the Secretary. The Secretary
shall then issue to the | ||
continuing savings bank a certificate of
merger, setting forth | ||
the name of each merging depository institution, the name
of | ||
the continuing savings bank, and the articles of incorporation |
of the
continuing savings bank. The merger takes effect upon | ||
the issuance of the certificate of merger recording of the
| ||
certificate in the same manner as the articles of incorporation | ||
in each county
in which the business office of any of the | ||
merging depository institutions was
located and in the county | ||
in which the business office of the continuing
savings bank is | ||
located. When duly recorded, the certificate shall be
| ||
conclusive evidence of the merger and of the correctness of the | ||
proceedings
therefor except against the State .
| ||
(Source: P.A. 97-492, eff. 1-1-12.)
| ||
Section 75. The Sales Finance Agency Act is amended by | ||
changing Section 13 as follows:
| ||
(205 ILCS 660/13) (from Ch. 17, par. 5231)
| ||
Sec. 13. Rules. The Department may make and enforce such | ||
reasonable
rules,
regulations, directions, orders, decisions | ||
and findings as the execution
and enforcement of this Act | ||
require, and as are not inconsistent therewith.
In addition, | ||
the Department may promulgate rules in connection with the
| ||
activities of licensees that are necessary and appropriate for | ||
the protection
of consumers in this State.
All rules and
| ||
regulations shall be sent electronically to printed and copies | ||
thereof
mailed to all licensees.
| ||
(Source: P.A. 90-437, eff. 1-1-98; 91-698, eff. 5-6-00.)
|
Section 80. The Consumer Installment Loan Act is amended by | ||
changing Section 22 as follows:
| ||
(205 ILCS 670/22) (from Ch. 17, par. 5428)
| ||
Sec. 22.
Rules and
regulations.
The Department may make and | ||
enforce such reasonable rules, regulations,
directions, | ||
orders, decisions, and findings as the execution and
| ||
enforcement of the provisions of this Act require, and as are | ||
not
inconsistent therewith.
In addition, the Department may | ||
promulgate rules in connection with the
activities of licensees | ||
that are necessary and appropriate for the protection
of | ||
consumers in this State.
All rules, regulations and directions | ||
of a general
character
shall be sent electronically to printed | ||
and copies thereof mailed to all licensees.
| ||
(Source: P.A. 90-437, eff. 1-1-98; 91-698, eff. 5-6-00.)
| ||
Section 85. The Illinois Chemical Safety Act is amended by | ||
changing Section 3 as follows:
| ||
(430 ILCS 45/3) (from Ch. 111 1/2, par. 953)
| ||
Sec. 3. Definitions. For the purposes of this Act:
| ||
"Agency" means the Illinois Environmental Protection | ||
Agency.
| ||
"Business" means any individual, partnership, corporation, | ||
or association
in the State engaged in a business operation | ||
that has 5 or more
full-time employees, or 20 or more part-time |
employees, and that is
properly assigned or included within one | ||
of the following Standard
Industrial Classifications (SIC), as | ||
designated in the Standard Industrial
Classification Manual | ||
prepared by the Federal Office of Management and Budget:
| ||
2295 Coated fabrics, not rubberized;
| ||
2491 Wood preserving;
| ||
2671 Packaging paper and plastics film, coated and | ||
laminated;
| ||
2672 Coated and laminated paper, not elsewhere classified;
| ||
2812 Alkalies and chlorine;
| ||
2813 Industrial gases;
| ||
2819 Industrial inorganic chemicals, not elsewhere | ||
classified;
| ||
2821 Plastic materials, synthetic resins, and | ||
non-vulcanizable elastomers;
| ||
2834 Pharmaceutical preparations;
| ||
2842 Specialty cleaning, polishing and sanitation | ||
preparations;
| ||
2851 Paints, varnishes, lacquers, enamels, and allied | ||
products;
| ||
2865 Cyclic (coal tar) crudes, and cyclic intermediaries, | ||
dyes and organic
pigments (lakes and toners);
| ||
2869 Industrial organic chemicals, not elsewhere | ||
classified;
| ||
2873 Nitrogenous fertilizer;
| ||
2874 Phosphatic fertilizers;
|
2879 Pesticides and agricultural chemicals, not elsewhere | ||
classified;
| ||
2891 Adhesives and sealants;
| ||
2892 Explosives;
| ||
2911 Petroleum refining;
| ||
2952 Asphalt felts and coatings;
| ||
2999 Products of petroleum and coal, not elsewhere | ||
classified;
| ||
3081 Unsupported plastics, film and sheet;
| ||
3082 Unsupported plastics profile shapes;
| ||
3083 Laminated plastics plate, sheet and profile shapes;
| ||
3084 Plastic pipe;
| ||
3085 Plastic bottles;
| ||
3086 Plastic foam products;
| ||
3087 Custom compounding of purchased plastic resin;
| ||
3088 Plastic plumbing fixtures;
| ||
3089 Plastic products, not elsewhere classified;
| ||
3111 Leather tanning and finishing;
| ||
3339 Primary smelting and refining of nonferrous metals, | ||
except
copper and aluminum;
| ||
3432 Plumbing fixture fittings and trim;
| ||
3471 Electroplating, plating, polishing, anodizing and | ||
coloring;
| ||
4953 Refuse systems;
| ||
5085 Industrial supplies;
| ||
5162 Plastic materials and basic forms and shapes;
|
5169 Chemicals and allied products, not elsewhere | ||
classified;
| ||
5171 Petroleum bulk stations and terminals;
| ||
5172 Petroleum and petroleum products, wholesalers, except | ||
bulk
stations and terminals.
| ||
For the purposes of this Act, the SIC Code that a business | ||
uses for
determining its coverage under The Unemployment | ||
Insurance Act shall
be the SIC Code for determining the | ||
applicability of this Act.
On an annual basis, the Department | ||
of Employment Security shall provide
the IEMA with a list of | ||
those regulated facilities covered by the
above mentioned SIC | ||
codes.
| ||
"Business" also means any facility not covered by the above | ||
SIC codes
that is subject to the provisions of Section 302 of | ||
the federal Emergency
Planning and Community Right-to-Know Act | ||
of 1986 and that is found by the
Agency to use, store, or | ||
manufacture a chemical substance in a quantity that
poses a | ||
threat to the environment or public health. Such a | ||
determination
shall be based on an on-site inspection conducted | ||
by the Agency and
certified to the IEMA. The Agency shall also | ||
conduct
inspections at the
request of IEMA or upon a written | ||
request setting forth a justification to
the IEMA from the | ||
chairman of the local emergency planning committee upon
| ||
recommendation of the committee. The IEMA shall transmit a copy | ||
of the
request to the Agency. The Agency may, in the event of a | ||
reportable
release that occurs at any facility operated or |
owned by a business not
covered by the above SIC codes, conduct | ||
inspections if the site hazard
appears to warrant such action. | ||
The above notwithstanding, any farm
operation shall not be | ||
considered as a facility subject to this definition.
| ||
Notwithstanding the above, for purposes of this Act, | ||
"business" does not
mean any facility for which the | ||
requirements promulgated at Part 1910.119 of
Title 29 of the | ||
Code of Federal Regulations are applicable or which has
| ||
completed and submitted the plan required by Part 68 of Title | ||
40 of the Code
of Federal Regulations, provided that such | ||
business conducts and
documents in writing an assessment for | ||
any instance where the Agency provides
notice that a | ||
significant release of a chemical substance has occurred at a
| ||
facility. Such assessment shall explain the nature, cause and | ||
known effects
of the release, any mitigating actions taken, and | ||
preventive measures that can
be employed to avoid a future | ||
release. Such assessment shall be available at
the facility for | ||
review within 30 days after the Agency notifies the facility
| ||
that a significant release has occurred. The Agency may provide | ||
written
comments to the business following an on-site review of | ||
an assessment.
| ||
"Chemical name" means the scientific designation of a | ||
chemical in
accordance with the nomenclature system developed | ||
by the International
Union of Pure and Applied Chemistry | ||
(IUPAC) or the American Chemical
Society's Chemical Abstracts | ||
Service (CAS) rules of nomenclature, or a name
that will |
clearly identify the chemical for hazard evaluation purposes.
| ||
"Chemical substance" means any "extremely hazardous
| ||
substance" listed in Appendix A of 40 C.F.R. Part 355 that is | ||
present at
a facility in an amount in excess of its threshold
| ||
planning quantity, any "hazardous substance" listed in 40
| ||
C.F.R. Section 302.4 that is present at a facility in an amount | ||
in excess of
its
reportable quantity or in excess of its | ||
threshold planning quantity if it is
also an "extremely | ||
hazardous substance",
and any petroleum including crude
oil
or | ||
any fraction thereof
that is present at a facility in an
amount | ||
exceeding 100 pounds unless it is specifically listed as a | ||
"hazardous
substance" or an "extremely hazardous substance". | ||
"Chemical substance" does
not mean any substance to the extent | ||
it is used for personal, family, or
household purposes or to | ||
the extent it is present in the same form and
concentration as | ||
a product packaged for distribution to and use by the general
| ||
public.
| ||
"IEMA" means the Illinois Emergency Management Agency.
| ||
"Facility" means the buildings and all real property | ||
contiguous thereto,
and the equipment at a single
location used | ||
for the conduct of business.
| ||
"Local emergency planning committee" means the committee | ||
that is
appointed for an emergency planning district under the | ||
provisions of
Section 301 of the federal Emergency Planning and | ||
Community Right-to-Know
Act of 1986.
| ||
"Release" means any sudden spilling, leaking, pumping, |
pouring, emitting,
escaping, emptying, discharging, injecting, | ||
leaching, dumping, or disposing
into the environment beyond the | ||
boundaries of a facility, but excludes
the following:
| ||
(a) Any release that results in exposure to persons | ||
solely
within a workplace,
with respect to a claim that | ||
such persons may assert against their
employer.
| ||
(b) Emissions from the engine exhaust of a motor | ||
vehicle, rolling
stock, aircraft, vessel, or pipeline | ||
pumping station engine.
| ||
(c) Release of
source, byproduct, or special nuclear | ||
material from a nuclear incident, as
those terms are | ||
defined in the Atomic Energy Act of 1954, if the release
is | ||
subject to requirements with respect to financial | ||
protection established
by the Nuclear Regulatory | ||
Commission under Section 170 of the Atomic
Energy Act of | ||
1954.
| ||
(d) The normal application of fertilizer.
| ||
"Significant release" means any release which is so | ||
designated in writing
by the Agency or the IEMA based upon an | ||
inspection at the site of an
emergency incident, or any release | ||
which results in any evacuation,
hospitalization, or | ||
fatalities of the public.
| ||
(Source: P.A. 97-333, eff. 8-12-11.)
| ||
(625 ILCS 5/15-115 rep.)
| ||
Section 90. The Illinois Vehicle Code is amended by |
repealing Section 15-115. | ||
Section 95. The Payday Loan Reform Act is amended by | ||
changing Section 4-30 as follows: | ||
(815 ILCS 122/4-30)
| ||
Sec. 4-30. Rulemaking; industry review. | ||
(a) The Department may make and enforce such reasonable | ||
rules, regulations, directions, orders, decisions, and | ||
findings as the execution and enforcement of the provisions of | ||
this Act require, and as are not inconsistent therewith. All | ||
rules, regulations, and directions of a general character shall | ||
be sent electronically to printed and copies thereof mailed to | ||
all licensees. | ||
(b) Within 6 months after the effective date of this Act, | ||
the Department shall promulgate reasonable rules regarding the | ||
issuance of payday loans by banks, savings banks, savings and | ||
loan associations, credit unions, and insurance companies. | ||
These rules shall be consistent with this Act and shall be | ||
limited in scope to the actual products and services offered by | ||
lenders governed by this Act. | ||
(c) After the effective date of this Act, the Department | ||
shall, over a 3-year period, conduct a study of the payday loan | ||
industry
to determine the impact and effectiveness of this Act. | ||
The Department
shall report its findings to the General | ||
Assembly within 3 months of the
third anniversary of the |
effective date of this Act. The study shall
determine the | ||
effect of this Act on the protection of consumers in this
State | ||
and on the fair and reasonable regulation of the payday loan | ||
industry. The
study shall include, but shall not be limited to, | ||
an analysis of the ability
of the industry to use private | ||
reporting tools that: | ||
(1) ensure substantial compliance with this Act, | ||
including real time reporting of outstanding payday loans; | ||
and | ||
(2) provide data to the Department in an appropriate | ||
form and with appropriate content to allow the Department | ||
to adequately monitor the industry. | ||
The report of the Department shall, if necessary, identify | ||
and recommend specific amendments to this Act to further | ||
protect consumers and to guarantee fair and reasonable | ||
regulation of the payday loan industry.
| ||
(Source: P.A. 94-13, eff. 12-6-05.)
| ||
Section 999. Effective date. This Act takes effect upon | ||
becoming law. |