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    AN ACT concerning finance.

 
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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 Coal and Energy Development Bond 
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Act is amended  by changing Section 6 as follows:
 
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    (20 ILCS 1110/6)  (from Ch. 96 1/2, par. 4106)
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    Sec. 6. The Department of Commerce and Economic Opportunity 
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is authorized to use general obligation bond funds for the 
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purposes of issuing grants in accordance with this Act and the 
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General Obligation Bond Act. The Department of Commerce and 
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Economic Opportunity is
authorized to use $120,000,000 for the 
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purposes specified in this Act.  These
funds shall be expended 
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only for a grant to
the owner of a generating station located 
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in Illinois and having at least
three coal-fired generating 
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units with accredited summer capacity greater
than 500 
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megawatts each at such generating station as specifically

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authorized by this paragraph.  Notwithstanding any of the other 
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provisions of
this Act, in considering the approval of projects 
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to be funded under this Act,
the Department of Commerce and 
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Economic Opportunity shall give
special consideration to 
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projects which are designed to remove sulfur and
other 
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pollutants in the preparation and utilization of coal, and in 
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the use
and operation of electric utility generating plants and 
 


 






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industrial
facilities which utilize Illinois coal as their 
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primary source of fuel.
The Department of Commerce and 
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Community Affairs (now Department of Commerce and Economic 
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Opportunity) is directed to
enter into a contract with the 
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owner of a generating station located in
Illinois and having at 
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least three coal-fired generating units with
accredited summer 
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capability greater than 500 megawatts each at such
generating 
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station for a grant of $35,000,000 to be made by the State of

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Illinois to such owner to be used to pay costs of designing, 
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acquiring,
constructing, installing and testing facilities to 
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reduce sulfur dioxide
emissions at one such generating unit to 
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allow that unit to meet the
requirements of the Federal Clean 
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Air Act Amendments of 1990 (P.L. 101-549)
while continuing to 
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use coal mined in Illinois as its source of fuel.
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(Source: P.A. 94-793, eff. 5-19-06.)
 
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    Section 10. The General Obligation Bond Act is amended  by 
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changing Section 7 as follows:
 
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    (30 ILCS 330/7)  (from Ch. 127, par. 657)
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    Sec. 7. Coal and Energy Development. The amount of 
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$698,200,000 is
authorized to be used by the Department of 
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Commerce and Economic Opportunity (formerly Department of 
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Commerce and Community Affairs) for
coal and energy development 
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purposes, pursuant to Sections 2, 3 and 3.1 of the
Illinois 
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Coal and Energy Development Bond Act, for the purposes

 


 






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specified
in Section 8.1 of the Energy Conservation and Coal 
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Development Act, for
the purposes specified in Section 605-332 
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of the Department of Commerce and
Economic Opportunity Law of 
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the Civil Administrative Code of Illinois, and for the purpose 
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of facility cost reports prepared pursuant to Sections 1-58 
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1-56 or 1-75(d)(4) of the Illinois Power Agency Act and for the 
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purpose of development costs pursuant to Section 8.1 of the 
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Energy Conservation and Coal Development Act.  Of this
amount:
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    (a) $115,000,000 is
for the specific purposes of 
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acquisition,
development, construction, reconstruction, 
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improvement, financing,
architectural and technical planning 
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and installation of capital facilities
consisting of 
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buildings, structures, durable equipment, and land for the

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purpose of capital development of coal resources within the 
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State and for the
purposes specified in Section 8.1 of the 
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Energy Conservation and Coal
Development Act;
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    (b) $35,000,000 is for the purposes specified in Section 
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8.1 of the
Energy
Conservation and Coal Development Act and 
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making grants a grant to generating stations and coal 
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gasification facilities within the State of Illinois and to the 
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owner of a
generating station
located in Illinois and having at 
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least three coal-fired generating units
with accredited summer 
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capability greater than 500 megawatts each at such
generating 
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station as provided in Section 6 of that Bond Act;
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    (c) $13,200,000 is for research, development and 
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demonstration
of forms of energy
other than that derived from 
 


 






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coal, either on or off State property;
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    (d) $500,000,000 is for the purpose of providing financial 
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assistance to
new
electric generating facilities as provided in 
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Section 605-332 of the Department
of Commerce and Economic 
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Opportunity Law of the Civil Administrative Code of
Illinois; 
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and
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    (e) $35,000,000 is for the purpose of facility cost reports 
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prepared for not more than one facility pursuant to Section 
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1-75(d)(4) of the Illinois Power Agency Act and not more than 
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one facility pursuant to Section 1-58 1-56 of the Illinois 
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Power Agency Act and for the purpose of up to $6,000,000 of 
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development costs pursuant to Section 8.1 of the Energy 
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Conservation and Coal Development Act. 
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(Source: P.A. 95-1026, eff. 1-12-09; 96-781, eff. 8-28-09; 
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revised 10-13-09.)
 

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    Section 99. Effective date. This Act takes effect upon 
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becoming law.