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IL SB3000
Bill
AI Summary
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Creates the Natural Resources Restoration Trust Fund in the State treasury to receive deposits from settlement or litigation of claims related to injured or damaged natural resources.
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Fund moneys may come from federal claims, state claims, common law claims, or any other source, with all interest and investment gains retained in the fund.
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Authorizes the Department of Natural Resources to use fund moneys for investigating and assessing natural resource injuries, restoring or replacing damaged resources, and obtaining matching funds for federal grants.
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Permits the Department to pay for personnel, contractors, and technical services to conduct assessments, restoration projects, environmental risk evaluations, and contamination remediation activities.
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The General Assembly shall annually appropriate necessary amounts to the fund, and the Department may accept and administer additional moneys from any source for these purposes.
Legislative Description
DNR-RESTORATION TRUST FUND
Last Action
Public Act . . . . . . . . . 98-1010
8/19/2014