Illinois HB 51: FINANCE-CO2 PIPELINE
Status: Rule 19(a) / Re-referred to Rules Committee (as of 2025-03-21)
State: Illinois · Session: 104th · Bill: HB 51
Sponsors: Charles Meier
Bill Text
• Illinois General Assembly - Full Text of HB0051 • • • • • • • • • • • • Select Language × The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein. Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet. The English language version is always the official and authoritative version of this website. NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window. Choose Language English Afrikaans Albanian Arabic Armenian Azerbaijani Basque Bengali Bosnian Catalan Croatian Czech Danish Dutch Esperanto Estonian Filipino Finnish French Galician Georgian German Greek Gujarati Haitian Creole Hausa Hawaiian Hebrew Hindi Hungarian Icelandic Indonesian Interlingua Interlingue Inuktitut Irish Italian Japanese Javanese Kannada Khmer Korean Latin Latvian Lithuanian Luxembourgish Macedonian Malagasy Malayalam Maltese Maori Marathi Myanmar Nepali Norwegian Odia Pashto Punjabi Romanian Russian Samoan Sango Sanskrit Sardinian Sindhi Sinhala Slovak Slovenian Somali Southern Sotho Spanish Sundanese Swahili Swedish Tamil Telugu Thai Tigrinya Tonga Turkish Ukrainian Urdu Vietnamese Welsh Xhosa Yiddish Yoruba Zulu Powered by Translate Close Illinois General Assembly Top Navigation Bar Translate Learn Select General Assembly Search the 104th General Assembly Enter search terms for legislation, members, committees, or schedules. ILGA.GOV • • LEGISLATION & LAWS • Bills & Resolutions • Public Acts • Illinois Compiled Statutes • Illinois Constitution • Search Legislation • Glossary • Guide • Reports & Inquiry • Legislative Reports • Special Reports • FTP Site • Legislator Lookup • Capitol Complex Phone Numbers • Rules & Regulations • Illinois Register • Administrative Rules • Senate • Members • Schedules • Committees • Request for Remote Testimony • Journals • Transcripts • Rules • Audio/Video • FOIA Information • Senate Employment Opportunities • Media Guidelines • House • Members • Schedules • Committees • Submit testimony for House Committees • Journals • Transcripts • Rules • Audio/Video • FOIA Information • House Employment Opportunities • Log In Mobile Top Bar Search the 104th General Assembly Enter keywords to search the Illinois General Assembly website. Full Text of HB0051 • Home • Legislation • Full Text HB0051 - 104th General Assembly • Bill Status • Full Text • Votes • Witness Slips Select Menu Bill Status Full Text Votes Witness Slips Printer Friendly Version Introduced Printer Friendly Version Introduced Open PDF 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB0051 Introduced 1/9/2025, by Rep. Charles Meier SYNOPSIS AS INTRODUCED: 30 ILCS 105/5.1030 new 30 ILCS 105/6z-144 new 35 ILCS 450/2-75 Amends the Illinois Hydraulic Fracturing Tax Act. Provides that 80% of the moneys received under the Act on or after the effective date of the amendatory Act shall be paid into the Pension Stabilization Fund and 20% of those moneys shall be paid into the Carbon Dioxide Pipeline Fund. Amends the State Finance Act to create the Carbon Dioxide Pipeline Fund. Provides that moneys in the Fund shall be used by the Illinois Commerce Commission to supervise and regulate the operations of the carbon dioxide pipeline industry in Illinois. Effective immediately. LRB104 03405 HLH 13427 b A BILL FOR HB0051LRB104 03405 HLH 13427 b 1 AN ACT concerning finance. 2 Be it enacted by the People of the State of Illinois, 3represented in the General Assembly: 4 Section 5. The State Finance Act is amended by adding 5Sections 5.1030 and 6z-144 as follows: 6 (30 ILCS 105/5.1030 new) 7 Sec. 5.1030. The Carbon Dioxide Pipeline Fund. 8 (30 ILCS 105/6z-144 new) 9 Sec. 6z-144. Carbon Dioxide Pipeline Fund; creation. The 10Carbon Dioxide Pipeline Fund is hereby created as a special 11fund in the State treasury. Moneys in the Fund shall be used by 12the Illinois Commerce Commission to supervise and regulate the 13operations of the carbon dioxide pipeline industry in 14Illinois. As used in this Section, "carbon dioxide pipeline" 15has the meaning given to that term in Section 10 of the Carbon 16Dioxide Transportation and Sequestration Act. 17 Section 10. The Illinois Hydraulic Fracturing Tax Act is 18amended by changing Section 2-75 as
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