Bill Text: IL SB0518 | 2017-2018 | 100th General Assembly | Enrolled


Bill Title: Amends the General Obligation Bond Act. Makes a technical change in a Section concerning the short title.

Spectrum: Partisan Bill (Democrat 8-0)

Status: (Enrolled) 2017-06-29 - Sent to the Governor [SB0518 Detail]

Download: Illinois-2017-SB0518-Enrolled.html



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1 AN ACT concerning finance.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Renewable Energy, Energy Efficiency, and
5Coal Resources Development Law of 1997 is amended by changing
6Section 6-5 as follows:
7 (20 ILCS 687/6-5)
8 (Section scheduled to be repealed on December 31, 2020)
9 Sec. 6-5. Renewable Energy Resources and Coal Technology
10Development Assistance Charge.
11 (a) Notwithstanding the provisions of Section 16-111 of the
12Public Utilities Act but subject to subsection (e) of this
13Section, each public utility, electric cooperative, as defined
14in Section 3.4 of the Electric Supplier Act, and municipal
15utility, as referenced in Section 3-105 of the Public Utilities
16Act, that is engaged in the delivery of electricity or the
17distribution of natural gas within the State of Illinois shall,
18effective January 1, 1998, assess each of its customer accounts
19a monthly Renewable Energy Resources and Coal Technology
20Development Assistance Charge. The delivering public utility,
21municipal electric or gas utility, or electric or gas
22cooperative for a self-assessing purchaser remains subject to
23the collection of the fee imposed by this Section. The monthly

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1charge shall be as follows:
2 (1) $0.05 per month on each account for residential
3 electric service as defined in Section 13 of the Energy
4 Assistance Act;
5 (2) $0.05 per month on each account for residential gas
6 service as defined in Section 13 of the Energy Assistance
7 Act;
8 (3) $0.50 per month on each account for nonresidential
9 electric service, as defined in Section 13 of the Energy
10 Assistance Act, which had less than 10 megawatts of peak
11 demand during the previous calendar year;
12 (4) $0.50 per month on each account for nonresidential
13 gas service, as defined in Section 13 of the Energy
14 Assistance Act, which had distributed to it less than
15 4,000,000 therms of gas during the previous calendar year;
16 (5) $37.50 per month on each account for nonresidential
17 electric service, as defined in Section 13 of the Energy
18 Assistance Act, which had 10 megawatts or greater of peak
19 demand during the previous calendar year; and
20 (6) $37.50 per month on each account for nonresidential
21 gas service, as defined in Section 13 of the Energy
22 Assistance Act, which had 4,000,000 or more therms of gas
23 distributed to it during the previous calendar year.
24 (b) The Renewable Energy Resources and Coal Technology
25Development Assistance Charge assessed by electric and gas
26public utilities shall be considered a charge for public

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1utility service.
2 (c) Fifty percent of the moneys collected pursuant to this
3Section shall be deposited in the Renewable Energy Resources
4Trust Fund by the Department of Revenue. From those funds,
5$2,000,000 may be used annually by the Department to provide
6grants to the Illinois Green Economy Network for the purposes
7of funding education and training for renewable energy and
8energy efficiency technology and for the operation and services
9of the Illinois Green Economy Network. The remaining 50 percent
10of the moneys collected pursuant to this Section shall be
11deposited in the Coal Technology Development Assistance Fund by
12the Department of Revenue for the exclusive purposes of (1)
13capturing or sequestering carbon emissions produced by coal
14combustion; (2) supporting research on the capture and
15sequestration of carbon emissions produced by coal combustion;
16and (3) improving coal miner safety.
17 (d) By the 20th day of the month following the month in
18which the charges imposed by this Section were collected, each
19utility and alternative retail electric supplier collecting
20charges pursuant to this Section shall remit to the Department
21of Revenue for deposit in the Renewable Energy Resources Trust
22Fund and the Coal Technology Development Assistance Fund all
23moneys received as payment of the charge provided for in this
24Section on a return prescribed and furnished by the Department
25of Revenue showing such information as the Department of
26Revenue may reasonably require.

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1 (e) The charges imposed by this Section shall only apply to
2customers of municipal electric or gas utilities and electric
3or gas cooperatives if the municipal electric or gas utility or
4electric or gas cooperative makes an affirmative decision to
5impose the charge. If a municipal electric or gas utility or an
6electric or gas cooperative makes an affirmative decision to
7impose the charge provided by this Section, the municipal
8electric or gas utility or electric or gas cooperative shall
9inform the Department of Revenue in writing of such decision
10when it begins to impose the charge. If a municipal electric or
11gas utility or electric or gas cooperative does not assess this
12charge, its customers shall not be eligible for the Renewable
13Energy Resources Program.
14 (f) The Department of Revenue may establish such rules as
15it deems necessary to implement this Section.
16(Source: P.A. 95-481, eff. 8-28-07.)
17 Section 99. Effective date. This Act takes effect upon
18becoming law.
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