Governor Pat Quinn (D-IL) passed legislation August 2 allowing for the construction of a $2.3 billion coal to synthetic natural Gas facility in Jefferson County Illinois. The plant will convert coal to natural gas and sequester its carbon emissions. The facility will be developed by Power Holding LLC. The legislation seeks to provide economic stability for Power Holdings LLC through 10-year price guarantee provisions. Two weeks before passing this legislation Governor Quinn passed another bill permitting the construction of a $3 billion coal gasification facility in Chicago.