SB2417 94TH GENERAL ASSEMBLY

LRB094 18744 MKM 54122 b

94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB2417

Introduced 1/18/2006, by Sen. James F. Clayborne, Jr.

SYNOPSIS AS INTRODUCED:

220 ILCS 5/5-105

from Ch. 111 2/3, par. 5-105

Amends the Public Utilities Act. Makes a technical change in a Section concerning audits of public utilities.

A BILL FOR

AN ACT concerning regulation.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Public Utilities Act is amended by changing Section 5-105 as follows:

(220 ILCS 5/5-105) (from Ch. 111 2/3, par. 5-105)

Sec. 5-105. The The Commission may provide for the examination and audit of all accounts, and all items shall be allocated to the accounts in the manner prescribed by the Commission. The officers and employees of the Commission shall have authority under the direction of the Commission to inspect and examine any and all books, accounts, papers, records and memoranda kept by such public utilities.

(Source: P.A. 84-617.)