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IL SB2653
Bill
AI Summary
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Amends the Energy Conservation and Coal Development Act by modifying Section 10 regarding 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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Evaluation criteria include: commitment length to use Illinois coal (minimum of loan life required), 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 Illinois 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
1/13/2021