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IL SB2681
Bill
AI Summary
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Amends the Energy Conservation and Coal Development Act by modifying Section 10 concerning evaluation of loan applications.
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Department shall evaluate loan applications and provide evaluations to the Illinois Coal Development Board based on specified criteria.
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Loan evaluation criteria include: commitment length to use Illinois coal (minimum of loan life), total amount of Illinois coal used, percentage of project costs financed by the state, and technical merits of the coal-use system including emissions control effectiveness.
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Weight shall be given to applications with longer commitments to Illinois coal use, larger amounts of Illinois coal consumption, and greater use of private or other public funding sources.
Legislative Description
STATE GOVERNMENT-TECH
Last Action
Session Sine Die
1/9/2019