Amends the Public Utilities Act. Provides that any gas utility may enter into a contract for up to 20 years of supply with any company for the purchase of synthetic natural gas (rather than a 20-year supply contract with any company for synthetic natural gas) produced from coal through the gasification process if the company has commenced construction of a coal gasification facility by July 1, 2009 (rather than July 1, 2008). Makes changes in factors used to determine whether the cost for synthetic natural gas is reasonable and prudent. Effective immediately.
Sponsored bills
Amends the Illinois Nuclear Safety Preparedness Act. Makes a technical change to a Section concerning the short title.
Amends the Public Utilities Act. Makes a technical change in a Section concerning legislative findings.
Amends the Gasoline Storage Act. Makes a technical change in a Section concerning volatile combustibles.
Amends the Public Utilities Act. Makes a technical change in a Section concerning investments in rate base.
In addition to any other amounts appropriated for this purpose, appropriates $7,000,000 from the General Revenue Fund to the Department of Human Services for the purpose of providing shelter and transitional housing and employment assistance for homeless youth. Effective July 1, 2008.
Amends the Public Utilities Act. Makes a technical change in a Section concerning audits of public utilities.
Creates the New Markets Development Program Act. Defines terms. Provides that taxpayers that make a qualified equity investment earn a vested right to certain tax credits against income, franchise, and insurance premium taxes. Credits are not transferable. Sets annual caps on credits. Provides for recapture. Authorizes the Department of Commerce and Economic Opportunity to promulgate rules. Sunsets after fiscal year 2012 unless reauthorized by the General Assembly. Contains other provisions. Effective immediately.
Amends the Regulatory Sunset Act. Changes the repeal date of the Medical Practice Act of 1987 from December 31, 2008 to January 1, 2019. Effective immediately.
Mourns the death of LaClaire Lissetta Jones Richards.