IL HB3258 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Sponsorship: Bipartisan Bill
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Public Utilities Act. Provides that a gas or electric utility may recover through an automatic adjustment clause tariff the costs associated with an investment in qualifying infrastructure facilities and such costs may be amortized over a 4-year period at the election of the utility, subject to certain limitations. Provides that the automatic adjustment clause tariff may be established outside the context of a general rate filing. Provides that the Commission shall review and, by order, approve or approve as modified the proposed tariff within 90 days after the date on which it was filed. Provides that the Commission shall not consider the availability or existence of an automatic adjustment clause tariff or any amounts of investments or revenue recovered by such tariff in its determination of a utility's rate of return on rate base. Defines "costs associated with an investment in qualifying infrastructure facilities", "Director", "qualifying infrastructure facilities", "qualifying projects", and "contributions in aid of construction". Makes other changes. Includes a severability clause. Effective immediately.

Tracking Information

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Title

UTILITIES - GAS INFRASTRUCTURE

Sponsors


History

DateChamberAction
2013-01-08HouseSession Sine Die
2011-03-17HouseRule 19(a) / Re-referred to Rules Committee
2011-03-10HouseAdded Co-Sponsor Rep. Rich Brauer
2011-03-10HouseAdded Co-Sponsor Rep. Dan Reitz
2011-03-03HouseAdded Chief Co-Sponsor Rep. Jim Sacia
2011-03-03HouseAdded Chief Co-Sponsor Rep. Patrick J. Verschoore
2011-02-28HouseAssigned to Executive Committee
2011-02-24HouseReferred to Rules Committee
2011-02-24HouseFirst Reading
2011-02-24HouseFiled with the Clerk by Rep. Robert W. Pritchard

Code Citations

ChapterArticleSectionCitation TypeStatute Text
22059-220.3New CodeSee Bill Text

Illinois State Sources


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