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IL SB3158
Bill
AI Summary
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Amends Section 10 of the Energy Conservation and Coal Development Act to make a technical change regarding loan application evaluations.
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Department shall evaluate loan applications and make evaluations available to the Illinois Coal Development Board based on specified criteria.
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Evaluation criteria include: length of commitment to use Illinois coal (minimum life of loan required), total amount of Illinois coal used, percentage of project costs financed by the State, and technical merits of the project including emissions control effectiveness.
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Weight shall be given to applicants with longer coal commitments, larger amounts of Illinois coal usage, and projects that maximize private or other public funding sources.
Legislative Description
STATE GOVERNMENT-TECH
Last Action
Session Sine Die
1/13/2015