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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
SB0883
Introduced 2/8/2007, by Sen. James F. Clayborne, Jr. - Emil Jones, Jr. SYNOPSIS AS INTRODUCED:
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220 ILCS 5/9-211 |
from Ch. 111 2/3, par. 9-211 |
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Amends the Public Utilities Act. Makes a technical
change in a Section concerning investments in rate base.
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A BILL FOR
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SB0883 |
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LRB095 05635 MJR 25725 b |
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| AN ACT concerning regulation.
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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 Public Utilities Act is amended by changing |
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| Section 9-211 as follows:
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| (220 ILCS 5/9-211) (from Ch. 111 2/3, par. 9-211)
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| Sec. 9-211. The
The Commission, in any determination of |
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| rates or charges,
shall include in a utility's rate base only |
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| the value of such investment
which is both prudently incurred |
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| and used and useful in providing service
to public utility |
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| customers. |
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| (Source: P.A. 84-617.)
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