95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB4764


 
Introduced , by Rep. Angelo Saviano
 
SYNOPSIS AS INTRODUCED:
 		














225 ILCS 728/10









    Amends the Illinois Petroleum Education and Marketing Act.  Removes the January 1, 2016 expiration date set for the Petroleum Resources Board. Effective immediately.
















LRB095 19039 RAS 45219 b

















 


 


A BILL FOR









 











HB4764

LRB095 19039 RAS 45219 b






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    AN ACT concerning regulation.

 
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    Be it enacted by the People of the State of Illinois,
 
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represented in the General Assembly:


 
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    Section 5. The Illinois Petroleum Education and Marketing 
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Act is amended  by changing Section 10 as follows:
 



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    (225 ILCS 728/10)



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    (Section scheduled to be repealed on January 1, 2018)

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    Sec. 10. Illinois Petroleum Resources Board. 

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    (a) There is hereby created until January 1, 2016, the 
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Illinois Petroleum
Resources Board, which shall be subject to 
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the provisions of the Regulatory
Sunset Act.  The purpose of the 
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Board is to coordinate a program designed to
demonstrate to the 
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general public the importance of the Illinois oil
and gas

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exploration and production industry, to encourage the wise and 
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efficient use of
energy, to promote environmentally
sound 
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production methods and technologies, to develop existing 
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supplies of
State oil and gas resources, and to support 
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research and educational activities
concerning the oil and gas

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exploration and production industry.

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    (b) The Board shall be composed of 12 members to be

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appointed as follows:
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        (1) Through December 31, 2006, the Governor shall make 
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    appointments from a
list of names submitted by qualified 
 


 






HB4764
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LRB095 19039 RAS 45219 b




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    producer associations, of which 10 shall
be oil and gas 
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    producers.
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        (2) Beginning January 1, 2007, all appointments shall 
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    be made by the qualified producer associations.

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    (c) A member of the Board shall:


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        (1) be at least 25 years of age;


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        (2) be a resident of the State of Illinois; and


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        (3) have at least 5 years of active experience in the 
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    oil industry.

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    (d) Members shall serve for a term of 3 years, except that 
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of the initial
appointments, 4 members shall serve for one 
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year, 4 members for 2 years, and 4
members for 3 years.

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    (e) Vacancies shall be filled for the unexpired term of 
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office in the same
manner as the original appointment.

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    (f) The Board shall, at its first meeting, elect one of its 
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members as
chairperson, who shall preside over meetings of the 
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Board and perform
other duties that may be required by the 
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Board.  The first meeting of the Board
shall be called by the 
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Governor.

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    (g) No member of the Board shall receive a salary or 
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reimbursement for
duties performed as a member of the Board, 
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except that members are eligible to
receive
reimbursement for 
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travel expenses incurred in the performance of Board duties.

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(Source: P.A. 94-1085, eff. 1-19-07; 95-331, eff. 8-21-07.)

 

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    Section 99. Effective date. This Act takes effect upon 
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becoming law.