(20 ILCS 1105/10) (from Ch. 96 1/2, par. 7410) Sec. 10. Evaluation of loan applications. The Department shall evaluate applications for loans. Evaluation of the loan applications shall be based on, but not limited to, the following criteria: (a) The length of time applicants will commit to |
| using Illinois coal in the facility which is modified, acquired or constructed as a result of the project. The applicant must agree to use Illinois coal for at least the life of the loan as a condition of such loan. Weight shall be given for longer commitments.
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(b) The total amount of Illinois coal used. Weight
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| shall be given to projects using larger amounts of Illinois coal over the life of the loan.
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(c) The percentage of the total project costs the
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| State is asked to finance. Weight shall be given to projects which maximize the use of private funds or funds from other public sources.
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(d) The technical merits of the project, including,
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| but not limited to, the effectiveness of the prepared coal-use system in controlling emissions of sulfur dioxide and other pollutants.
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(Source: P.A. 104-435, eff. 11-21-25.)
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