Illinois Statutes
§ 8e — Temporary abandonment status fees
Illinois·Topic REGULATION·Ch. 225 PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS·Act 225 ILCS 725/ Illinois Oil and Gas Act.
(a)The Department shall assess and collect annual fees of $100 per well for each well that is in temporary abandonment status.
(b)All annual fees collected pursuant to subsection (a) shall be deposited as follows:
(1)one-half of all such fees shall be placed in the Plugging and Restoration Fund; and (2) one-half of all such fees shall be placed in the Landowner Grant Program.
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Legislative History
(Source: P.A. 102-1017, eff. 1-1-23 .)