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Code · Illinois · Chapter 30 — FINANCE · Act 730

Sec. 4. Expenditures from Coal Technology Development Assistance Fund.

207 words·~1 min read·/il/chapter-30/act-730/4

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Sec. 4. Expenditures from Coal Technology Development Assistance Fund.
(a)The contents of the Coal Technology Development Assistance Fund may be expended, subject to appropriation by the General Assembly, in such amounts and at such times as the Department, with the advice and recommendation of the Board, may deem necessary or desirable for the purposes of this Act.
(b)The Department shall develop a written plan containing measurable 3-year and 10-year goals and objectives in regard to the funding of coal research and coal demonstration and commercialization projects, and programs designed to preserve and enhance markets for Illinois coal. In developing these goals and objectives, the Department shall consider and determine the appropriate balance for the achievement of near-term and long-term goals and objectives and of ensuring the timely commercial application of cost-effective technologies or energy and chemical production processes or systems utilizing coal. The Department shall develop the initial goals and objectives no later than December 1, 1993, and develop revised goals and objectives no later than July 1 annually thereafter.
(c)(Blank).
(d)Subject to appropriation, the Department of Natural Resources may use moneys in the Coal Technology Development Assistance Fund to administer its responsibilities under the Surface Coal Mining Land Conservation and Reclamation Act.
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