Bill Text: IL SB0715 | 2009-2010 | 96th General Assembly | Introduced

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Bill Title: Amends the Public Utilities Act. Makes a technical change in a Section concerning investments in rate base.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2009-08-15 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments [SB0715 Detail]

Download: Illinois-2009-SB0715-Introduced.html

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96TH GENERAL ASSEMBLY State of Illinois 2009 and 2010 SB0715 Introduced 2/6/2009, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED:
220 ILCS 5/9-211 from Ch. 111 2/3, par. 9-211
Amends the Public Utilities Act. Makes a technical change in a Section concerning investments in rate base.
LRB096 06768 MJR 16852 b
A BILL FOR
SB0715 LRB096 06768 MJR 16852 b
AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Public Utilities Act is amended by changing
Section 9-211 as follows:
(220 ILCS 5/9-211) (from Ch. 111 2/3, par. 9-211)
Sec. 9-211. The The Commission, in any determination of
rates or charges, shall include in a utility's rate base only
the value of such investment which is both prudently incurred
and used and useful in providing service to public utility
customers.
(Source: P.A. 84-617.)