Sec. 10. The Natural Resources Restoration Trust Fund.

403 words·~2 min read·/il/chapter-20/act-882/10

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)There is hereby created in the State treasury the Natural Resources Restoration Trust Fund to receive deposits of moneys available from or intended for the investigation, assessment, restoration, or replacement of injured or damaged natural resources resulting from claims pursued under the laws of the United States, this State, or other statutory or common law. The fund may receive deposits of moneys made available from any other source. All moneys in the fund are to be invested and reinvested by the State Treasurer. All interest accruing from these investments shall be deposited in the fund. Moneys received through settlement or litigation of claims for injured natural resources and directed at the restoration, rehabilitation, replacement, or the acquisition of the equivalent of injured natural resources and the benefits they provide, shall be available for those uses until the funds are expended.

(b)All moneys deposited into the fund shall be used by the Department of Natural Resources to:

(1)Take necessary or appropriate action to investigate and assess the nature and extent

of injuries or damage to Illinois natural resources and the benefits they provide.

(2)Take necessary or appropriate action to restore, rehabilitate, replace, or acquire

the equivalent of injured or damaged natural resources and the benefits they provide.

(3)Meet any requirements which must be met by the State in order to obtain federal

funds, or any other funds, to address injury or damage to natural resources.

(4)Pay for the cost of Department personnel, contractual, professional, or technical

services to review or perform natural resource injury or damage assessments, natural resource restoration or replacement actions, environmental or ecological risk assessments, environmental impact assessment actions, or other activities related to environmental contamination of real property.

(5)Administer the provisions of this Section.

(c)The General Assembly shall annually appropriate to the fund such amounts as it deems necessary to fulfill the purposes of this Section.

(d)The Department may accept, receive, and administer on behalf of the State any moneys made available to the State from any source for the purposes set forth in this Section. These moneys may be in addition to any other funds otherwise appropriated to the Department for similar purposes. Interest or income earned on moneys deposited into the fund shall be retained in the fund to be used by the Department pursuant to the provisions of this Section.