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Code · Illinois · Chapter 225 — PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS · Act 725

Sec. 8e. Temporary abandonment status fees.

72 words·~1 min read·/il/chapter-225/act-725/8e

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Sec. 8e. Temporary abandonment status fees.
(a)The Department shall assess and collect annual fees of $100 per well for each well that is in temporary abandonment status.
(b)All annual fees collected pursuant to subsection
(a)shall be deposited as follows:
(1)one-half of all such fees shall be placed in the Plugging and Restoration Fund; and
(2)one-half of all such fees shall be placed in the Landowner Grant Program.
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