96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB3229

 

Introduced 2/24/2009, by Rep. Tom Cross

 

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 06241 MJR 16324 b

 

 

A BILL FOR

 

HB3229 LRB096 06241 MJR 16324 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.)