Illinois HB3975 amends the Energy Conservation and Coal Development Act to modify loan application evaluation criteria.

Illinois HB3975 amends the Energy Conservation and Coal Development Act by changing the criteria for evaluating loan applications. The bill specifies that applicants must commit to using Illinois coal in facilities modified, acquired, or constructed as a result of the project. Weight is given to projects that maximize private funds or funds from other public sources and those that use larger amounts of Illinois coal over the life of the loan. The technical merits of the project, including the effectiveness of the coal-use system in controlling emissions, are also considered.

Illinois HB3975 amends the Energy Conservation and Coal Development Act to modify loan application evaluation criteria.

Illinois HB3975 amends the Energy Conservation and Coal Development Act by changing the criteria for evaluating loan applications. The bill specifies that applicants must commit to using Illinois coal in facilities modified, acquired, or constructed as a result of the project. Weight is given to projects that maximize private funds or funds from other public sources and those that use larger amounts of Illinois coal over the life of the loan. The technical merits of the project, including the effectiveness of the coal-use system in controlling emissions, are also considered.