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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB5413
Introduced 02/06/04, by Michael J. Madigan SYNOPSIS AS INTRODUCED:
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220 ILCS 30/3.4 |
from Ch. 111 2/3, par. 403.4 |
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Amends the Electric Supplier Act. Adds a caption to a Section concerning
electric cooperatives.
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A BILL FOR
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HB5413 |
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LRB093 17309 AMC 42975 b |
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| AN ACT concerning public utilities.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Electric Supplier Act is amended by changing |
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| Section 3.4 as
follows:
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| (220 ILCS 30/3.4) (from Ch. 111 2/3, par. 403.4)
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| Sec. 3.4. Electric cooperative. "Electric Cooperative" |
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| means (a) any
not-for-profit corporation
or other person that |
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| owns, controls, operates or manages, directly or
indirectly, |
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| within this State, any plant, equipment or property for the
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| production, transmission, sale, delivery or furnishing of |
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| electricity and
(b) that either is or has been financed in |
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| whole or in part under the
federal "Rural Electrification Act |
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| of 1936" and the Acts amendatory thereof
and supplementary |
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| thereto, or is directly or indirectly caused to be
formed by |
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| any one or more such not-for-profit corporations or other |
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| persons
that is or has been so financed.
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| (Source: Laws 1965, p. 1206.)
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