Bill Text: IL HB1744 | 2009-2010 | 96th General Assembly | Introduced


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

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced - Dead) 2009-04-03 - Rule 19(a) / Re-referred to Rules Committee [HB1744 Detail]

Download: Illinois-2009-HB1744-Introduced.html


96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB1744

Introduced 2/18/2009, by Rep. Michael J. Madigan - Barbara Flynn Currie - Robert F. Flider

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 05379 MJR 15445 b

A BILL FOR

HB1744 LRB096 05379 MJR 15445 b
1 AN ACT concerning regulation.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Public Utilities Act is amended by changing
5 Section 9-211 as follows:
6 (220 ILCS 5/9-211) (from Ch. 111 2/3, par. 9-211)
7 Sec. 9-211. The The Commission, in any determination of
8 rates or charges, shall include in a utility's rate base only
9 the value of such investment which is both prudently incurred
10 and used and useful in providing service to public utility
11 customers.
12 (Source: P.A. 84-617.)
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