SB2660ham001 96TH GENERAL ASSEMBLY

Executive Committee

Filed: 5/5/2010

09600SB2660ham001 LRB096 17322 ASK 41216 a

AMENDMENT TO SENATE BILL 2660

AMENDMENT NO. ______. Amend Senate Bill 2660, on page 10, line 19, after "contract", by inserting "on or before March 31, 2011"; and

on page 14, line 3, by replacing "All contract" with "Contract"; and

on page 14, line 3, by replacing "any" with "an Illinois gas"; and

on page 14, line 6, by deleting "any"; and

on page 14, line 7, by replacing "any" with "a"; and

on page 14, by replacing lines 12 through 19 with the following: "to its performance under the contract, including (i) amounts paid for SNG under the SNG contract and (ii) costs of transportation and storage services of SNG purchased from interstate pipelines under federally approved tariffs. Any contract, the terms of"

on page 15, by deleting lines 1 through 7; and

on page 15, line 16, by replacing "utility" with "Illinois gas utility"; and

on page 15, by replacing lines 21 through 26 with the following: "Commission. Any order, issued by the State requiring or authorizing the discontinuation of the merchant function, defined as the purchase and sale of natural gas by an Illinois gas utility for the ultimate consumer in its service territory shall include provisions necessary to prevent the impairment of the value of any contract hereunder over its full term."; and

on page 16, by replacing lines 8 and 9 with the following: "plus the cost to the utility of the required transportation and storage services of SNG,"; and

on page 16, by replacing lines 14 and 16 with the following: "such utility over the contract term, plus the costs of transportation and storage services of such natural gas (excluding such costs for SNG), divided by"; and

by deleting line 8 on page 18 through line 18 on page 20.