Illinois Senate Bill 2885

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Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on January 24 2024 - 25% progression
Action: 2024-02-28 - Added as Co-Sponsor Sen. Laura Fine
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Public Utilities Act. Provides that the Illinois Commerce Commission shall not consider as an expense of any public utility, for the purpose of determining any rate or charge, any amount expended for contributions or gifts to political candidates, political parties, political or legislative committees, or any committee or organization working to influence referendum petitions or elections or contributions to a trade association, chamber of commerce, or public charity, including, but not limited to, a charity managed by the public utility or affiliated interest. Provides that the Commission shall not consider as an expense of any public utility, for the purpose of determining any rate or charge, any amount expended by the public utility for director and officers liability insurance and fiduciary liability insurance. Provides that in determining whether other types of insurance purchased by the public utility are recoverable, the Commission shall determine whether the insurance is of financial benefit to ratepayers of the public utility or its shareholders. Provides that if the Commission determines the insurance purchased by the public utility is of benefit to its shareholders, then it shall not be a recoverable expense. Provides that, if a gas, electric, water, or sewer utility requests a general rate increase, the Commission shall hold at least one public hearing for the public to provide input on the proposed increase in rates. Provides that the public hearing shall be held in the service area of the public utility that is requesting the general rate increase at a time and location determined by the Commission. Makes changes in provisions definitions; donations made by a public utility for energy assistance; consideration of attorney and expert compensation as an expense; and the Consumer Intervenor Compensation Fund.

UTILITIES-RECOVERABLE EXPENSES

Sen. Suzanne Glowiak Hilton [D]	Sen. Susan Rezin [R]	Sen. Laura Murphy [D]	Sen. Mike Porfirio [D]
Sen. Laura Fine [D]

Date	Chamber	Action
2024-02-28	Senate	Added as Co-Sponsor Sen. Laura Fine
2024-02-21	Senate	Added as Co-Sponsor Sen. Mike Porfirio
2024-02-16	Senate	Added as Co-Sponsor Sen. Laura M. Murphy
2024-02-14	Senate	Added as Chief Co-Sponsor Sen. Sue Rezin
2024-01-24	Senate	Referred to Assignments
2024-01-24	Senate	First Reading
2024-01-24	Senate	Filed with Secretary by Sen. Suzy Glowiak Hilton

Chapter	Article	Section	Citation Type	Statute Text
220	5	9-224	Amended Code	Citation Text
220	5	9-224.1	New Code	See Bill Text
220	5	9-225	Amended Code	Citation Text
220	5	9-227	Amended Code	Citation Text
220	5	9-229	Amended Code	Citation Text
220	5	9-231	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2885&GAID=17&DocTypeID=SB&SessionID=112&GA=103
Text	https://www.ilga.gov/legislation/103/SB/10300SB2885.htm