The Leucadia and Power Holdings bills allow for the companies to construct [[synthetic gas]] plants on Chicago's South Side and in southern Illinois, respectively. Leucadia's plant would cost about $3 billion, Power Holdings about $2 billion. Together, the plants would create a market for more than 4 million short tons of high-sulfur coal annually.
Quinn, a Democrat, vetoed previous Leucadia and Power Holdings bills in March 2011, citing "inadequate consumer protections" (PCT 4/15). Since then, the companies have worked with the governor's office in an effort to get the plants passed. Phil Gonet, president of the Illinois Coal Association, said: "I would be shocked if Quinn does not approve these. I think they're ready to hit the ground running."<ref>Sayeh Tavangar, [http://plattsenergyweektv.com/story.aspx?storyid=153292&catid=293 "Illinois passes bills for 3 gasification projects"] Platts Energy Weekly, June 2, 2011.</ref>
On July 13, 2011, it was announced that IL Gov. Quinn has until late August would sign "[[clean coal]]" legislation that paved the way for the three plants.<ref>Gregory Karp and Julie Wernau, [http://articles.chicagotribune.com/2011 -07-12/business/chi-quinn-set-to-sign-clean-coal-bill-opening-door-to-leucadia-plant-20110712_1_natural-gas-plant-site-market-for-illinois-coal "Quinn set to sign or veto 'clean coal' bill, opening door to Southeast Side plant"] Chicago Tribune, July 13, 2011.</ref> Leucadia has yet to obtain permission to add pollution to the measurescrowded industrial area in Chicago, and has not located a buyer for its carbon dioxide emissions.<ref>Sayeh Tavangar, [http://plattsenergyweektvwww.bnd.com/story2011/07/13/1784582/quinn-to-sign-bill-boosting-coal.aspx?storyid=153292&catid=293 html#ixzz1RzaHFtvZ "Illinois passes bills for 3 gasification projectsQuinn to sign bill boosting coal-to-gas plant"] Platts Energy WeeklyAP, June 2July 13, 2011.</ref>
==Proposed coal plants==