Illinois HB 4566: NATURAL RESOURCES TRUST

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 Full Text of HB4566

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HB4566 EngrossedLRB104 17775 WRO 31207 b

1 AN ACT concerning State government.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Natural Resources Restoration Trust Fund 

5Act is amended by changing Sections 5 and 10 and by adding 

6Sections 15, 20, 25, and 30 as follows:

7 (20 ILCS 882/5)

8 Sec. 5. Definitions. As used in this Act:

9 "Department" means the Department of Natural Resources.

10 "Director" means the Director of Natural Resources.

11 "Fund" means the Natural Resources Restoration Trust Fund 

12created in Section 10 of this Act.

13(Source: P.A. 98-1010, eff. 8-19-14.)

14 (20 ILCS 882/10)

15 Sec. 10. The Natural Resources Restoration Trust Fund. 

16 (a) There is hereby created in the State treasury the 

17Natural Resources Restoration Trust Fund to receive deposits 

18of moneys available from or intended for the investigation, 

19assessment, restoration, or replacement of injured or damaged 

20natural resources resulting from claims pursued under the laws 

21of the United States, this State, or other statutory or common 

22law. The fund may receive deposits of moneys made available 

HB4566 Engrossed- 2 -LRB104 17775 WRO 31207 b

1from any other source. All moneys in the fund are to be 

2invested and reinvested by the State Treasurer. All interest 

3accruing from these investments shall be deposited in the 

4fund. Moneys received through settlement or litigation of 

5claims for injured natural resources and directed at the 

6restoration, rehabilitation, replacement, or the acquisition 

7of the equivalent of injured natural resources and the 

8benefits they provide, shall be available for those uses until 

9