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90_HB3542
220 ILCS 5/9-211 from Ch. 111 2/3, par. 9-211
Amends the Public Utilities Act. Adds a Section caption
and makes stylistic changes to a Section concerning
investments in rate base.
LRB9011551JSdv
LRB9011551JSdv
1 AN ACT to amend the Public Utilities Act by changing
2 Section 9-211.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Public Utilities Act is amended by
6 changing Section 9-211 as follows:
7 (220 ILCS 5/9-211) (from Ch. 111 2/3, par. 9-211)
8 Sec. 9-211. Investment; inclusion in rate base. The
9 Commission, in any determination of rates or charges, shall
10 include in a utility's rate base only the value of the such
11 investment that which is both prudently incurred and used and
12 useful in providing service to public utility customers.
13 (Source: P.A. 84-617.)