Ill. Admin. Code tit. 35 § 1501.340

Current through Register Vol. 48, No. 43, October 25, 2024

Section 1501.340 - Payment Prioritization

a)The Agency must prioritize approved claims for reimbursement from the Fund whenever it determines that there are not sufficient funds to pay all approved reimbursement claims. In prioritizing approved claims for reimbursement, the Agency must consider, at a minimum, the following:

1)the degree to which human health and the environment are impacted by the release;

2)the reduction of risk to human health and environment derived from remedial action compared to the cost of the remedial action;

3)the present and planned uses of the impacted property;

4)whether the facility is currently licensed and insured, and has paid all fees and premiums due under this Part; and

5) whether the claimant failed to provide requested information or documentation after being notified under Section 1501.350(b). [415 ILCS 135/25(c) ]

b) If the Agency prioritizes approved claims for reimbursement under subsection (a), the Agency must post an approved reimbursement claims prioritization list on its website.

Ill. Admin. Code tit. 35, § 1501.340

Adopted in R 21-19 at 47 Ill. Reg. 1354, effective 1/17/2023