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| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018 HB4989 Introduced , by Rep. Fred Crespo SYNOPSIS AS INTRODUCED: |
| 65 ILCS 5/Art. 11 Div. 15.4 heading new | | 65 ILCS 5/11-15.4-1 new | |
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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.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB4989 | | LRB100 16684 AWJ 31822 b |
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1 | | AN ACT concerning local government.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Municipal Code is amended by adding |
5 | | Division 15.4 to Article 11 as follows: |
6 | | (65 ILCS 5/Art. 11 Div. 15.4 heading new) |
7 | | DIVISION 15.4. |
8 | | UNDERGROUNDING UTILITY FACILITIES |
9 | | (65 ILCS 5/11-15.4-1 new) |
10 | | Sec. 11-15.4-1. Undergrounding utility facilities. |
11 | | (a) As used in this Division and unless the context |
12 | | requires otherwise, "underground" or "undergrounding" means |
13 | | routing and constructing electric transmission lines and their |
14 | | associated components below ground, consistent with sound |
15 | | engineering and utility practices. |
16 | | (b) In the interest of public health and safety, |
17 | | reliability, and electric grid security, a public utility, as |
18 | | defined by Section 3-105 of the Public Utilities Act, shall |
19 | | underground any 138 kilowatt or greater electric transmission |
20 | | line constructed after the effective date of this amendatory |
21 | | Act of the 100th General Assembly where: |
22 | | (1) such transmission line or any portion thereof is to |