Bill Texts: IL HB6570 | 2015-2016 | 99th General Assembly
Bill Title: Amends the Illinois Municipal Code. Defines "underground" and "undergrounding". Provides that public utilities shall underground specified electric transmission lines under certain conditions. Provides that the Illinois Commerce Commission shall allow a public utility to recover from all retail customers in its service territory all reasonable and prudent costs that it incurs related to the undergrounding of such transmission lines. Provides that a public utility shall record and defer such costs as a regulatory asset to be included in the public utility's total rate base and amortized over a reasonable period that is equal to the expected life of such transmission line. Effective immediately.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2016-05-19 - Added Chief Co-Sponsor Rep. Michelle Mussman [HB6570 Detail]
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2016-05-19 - Added Chief Co-Sponsor Rep. Michelle Mussman [HB6570 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
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Introduced | 2016-05-04 | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
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No bill amendments currently on file for Illinois HB6570 |
Supplemental Documents
Title | Description | Date | Format | Source | View |
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No supplemental documents for Illinois HB6570 currently on file. |