State of Illinois
92nd General Assembly
Legislation

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92_HR0169

 
                                               LRB9208554KBkb

 1                          HOUSE RESOLUTION

 2        WHEREAS,  The  members   of   the   Illinois   House   of
 3    Representatives are concerned with the tremendous increase in
 4    the price of natural gas; and

 5        WHEREAS, The increase in natural gas prices is not only a
 6    problem  in  the  State  of  Illinois,  but also these United
 7    States; and

 8        WHEREAS, Consumers have born the brunt of  the  increases
 9    in natural gas prices; and

10        WHEREAS,  Due to these price increases many consumers are
11    having difficulty in paying their household bills; and

12        WHEREAS, Local natural gas distribution companies pass on
13    their costs through the Purchased Gas Adjustment  Charge  and
14    do not profit from high prices; therefore, be it

15        RESOLVED,   BY   THE  HOUSE  OF  REPRESENTATIVES  OF  THE
16    NINETY-SECOND GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that
17    we direct the Illinois Commerce Commission to explore ways to
18    allow local natural gas distribution  companies  to  mitigate
19    the  price  spikes  in natural gas through hedging or advance
20    purchasing; and be it further

21        RESOLVED, That the Illinois Commerce Commission report on
22    its findings to the General Assembly by July 1, 2001.

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