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Full Text of HB2372  102nd General Assembly

HB2372 102ND GENERAL ASSEMBLY

  
  

 


 
102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB2372

 

Introduced 2/17/2021, by Rep. Fred Crespo

 

SYNOPSIS AS INTRODUCED:
 
65 ILCS 5/Art. 11 Div. 15.5 heading new
65 ILCS 5/11-15.5-5 new
65 ILCS 5/11-15.5-10 new

    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.


LRB102 14303 AWJ 19655 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB2372LRB102 14303 AWJ 19655 b

1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Municipal Code is amended by
5adding Division 15.5 to Article 11 as follows:
 
6    (65 ILCS 5/Art. 11 Div. 15.5 heading new)
7
DIVISION 15.5. UNDERGROUNDING UTILITY FACILITIES

 
8    (65 ILCS 5/11-15.5-5 new)
9    Sec. 11-15.5-5. Definitions. As used in this Division and
10unless the context requires otherwise, "underground" or
11"undergrounding" means routing and constructing electric
12transmission lines and their associated components below
13ground, consistent with sound engineering and utility
14practices.
 
15    (65 ILCS 5/11-15.5-10 new)
16    Sec. 11-15.5-10. Undergrounding utility facilities.
17    (a) In the interest of public health and safety,
18reliability, and electric grid security, a public utility, as
19defined by Section 3-105 of the Public Utilities Act, shall
20underground any 138 kilowatt or greater electric transmission
21line constructed after the effective date of this amendatory

 

 

HB2372- 2 -LRB102 14303 AWJ 19655 b

1Act of the 102nd General Assembly where:
2        (1) such transmission line or any portion thereof is
3    to be located within 26,000 feet of an airport that is
4    located in and owned by a municipality with a population
5    greater than 70,000 and less than 80,000 located in or
6    contiguous to a county with a population in excess of
7    1,000,000 inhabitants; or
8        (2) such transmission line is to be located in 4 or
9    more contiguous municipalities with a population density
10    of 1,000 per square mile or more as of the most recent
11    federal decennial census.
12    (b) The costs for undergrounding a new transmission line
13shall not be allocated solely to the municipality or
14municipalities in which it is underground; instead, the
15Illinois Commerce Commission shall allow a public utility to
16fully recover from all retail customers in its service
17territory all reasonable and prudent costs that it incurs
18related to the undergrounding of transmission lines. The
19public utility shall record and defer such costs as a
20regulatory asset to be included in the public utility's total
21rate base and amortized over a reasonable period that is equal
22to the expected life of the transmission line. Such regulatory
23assets shall be collected from all ratepayers system-wide, and
24not only from ratepayers in the corporate limits of the
25municipality or municipalities within which the transmission
26line is constructed.
 

 

 

HB2372- 3 -LRB102 14303 AWJ 19655 b

1    Section 99. Effective date. This Act takes effect upon
2becoming law.