Illinois Administrative Code
Title 32 - ENERGY
Part 120 - ADMINISTRATION OF THE COAL GRANT PROVISIONS OF THE ILLINOIS RESOURCE DEVELOPMENT AND ENERGY SECURITY ACT
Section 120.10 - Purpose
Current through Register Vol. 48, No. 12, March 22, 2024
a) The Illinois Resource Development and Energy Security Act [20 ILCS 688 ] authorizes the State of Illinois, through the Department of Commerce and Economic Opportunity, formerly known as the Department of Commerce and Community Affairs, to promote the development of new, coal-fired electric generation capacity in Illinois. The purpose and scope of the Act is the enhancement of the State's energy security by insuring that:
b) The Department of Commerce and Economic Opportunity Law of the Civil Administrative Code [20 ILCS 605/605-332 ] authorizes the Department to provide financial assistance to eligible businesses for new electric generating facilities from funds appropriated by the General Assembly. Financial assistance will be provided to eligible applicants in the form of a grant through the Coal Revival Program.