Date	Chamber	Action
1/13/2009	Senate	Session Sine Die

Statutes Amended In Order of Appearance

220 ILCS 5/8-508.1

from Ch. 111 2/3, par. 8-508.1

Synopsis As Introduced
Amends the Public Utilities Act. Requires at least 15% of a nuclear decommissioning trust's funds to be invested in Illinois-based companies whose businesses are primarily devoted to (A) developing new technologies for producing or storing renewable energy or (B) reducing electricity usage. Provides an exception if a nuclear power plant is actively being decommissioned. Provides that an investment of the funds in a nuclear decommissioning trust fund shall be deemed prudent if it meets the prudent investor standards under specified federal regulations.

Senate Committee Amendment No. 1
Deletes everything after the enacting clause. Reinserts the contents of the introduced bill with the following changes. Provides that a percentage that shall increase each year for 5 years after the effective date of the amendatory Act, at a maximum of 3% or $2,000,000 (rather than at least 15%), of the trust's funds must be invested in Illinois-based companies whose businesses are primarily devoted to (A) developing new technologies for producing or storing renewable energy or (B) reducing electricity usage, including without limitation companies that manufacture energy conservation items such as hybrid automobiles, green lightbulbs, and Leadership in Energy and Environmental Design certified green buildings.

Actions 

Date	Chamber	Action
2/14/2008	Senate	Filed with Secretary by Sen. John J. Cullerton
2/14/2008	Senate	First Reading
2/14/2008	Senate	Referred to Rules
2/20/2008	Senate	Assigned to Environment and Energy
3/6/2008	Senate	Postponed - Environment and Energy
3/11/2008	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton
3/11/2008	Senate	Senate Committee Amendment No. 1 Referred to Rules
3/11/2008	Senate	Senate Committee Amendment No. 1 Rules Refers to Environment and Energy
3/11/2008	Senate	Added as Chief Co-Sponsor Sen. Susan Garrett
3/12/2008	Senate	Senate Committee Amendment No. 1 Adopted
3/13/2008	Senate	Held in Environment and Energy
3/14/2008	Senate	Rule 3-9(a) / Re-referred to Rules
4/8/2008	Senate	Added as Chief Co-Sponsor Sen. Don Harmon
1/13/2009	Senate	Session Sine Die

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