SB 2463
Oil and gas act-surety bonds
Oil and Gas Act-Surety Bonds
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
Amends the Illinois Oil and Gas Act. Removes cash as an item that an applicant for a permit may provide in lieu of a surety bond required for plugging obligations and the removal of liquid oil field waste from an on-site collection point. Makes changes in provisions concerning the Department of Natural Resources's ability to make rules and conduct hearings for certain purposes. Makes conforming changes.
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