093_HB0872eng
HB0872 Engrossed LRB093 05682 JLS 05775 b
1 AN ACT concerning public utilities.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Electric Supplier Act is amended by
5 changing Section 3.4 as follows:
6 (220 ILCS 30/3.4) (from Ch. 111 2/3, par. 403.4)
7 Sec. 3.4. Electric cooperative. "Electric Cooperative"
8 means (a) any not-for-profit corporation or other person that
9 owns, controls, operates or manages, directly or indirectly,
10 within this State, any plant, equipment or property for the
11 production, transmission, sale, delivery or furnishing of
12 electricity and (b) that either is or has been financed in
13 whole or in part under the federal "Rural Electrification Act
14 of 1936" and the Acts amendatory thereof and supplementary
15 thereto, or is directly or indirectly caused to be formed by
16 any one or more such not-for-profit corporations or other
17 persons that is or has been so financed.
18 (Source: Laws 1965, p. 1206.)