JONES,SHIRLEY-NOVAK. 220 ILCS 5/9-220 from Ch. 111 2/3, par. 9-220 Amends the Public Utilities Act. Limits increases under purchased gas adjustment clauses to 10% over the previously applicable purchased gas adjustment clause. Effective immediately. FISCAL NOTE (Illinois Commerce Commission) This legislation would require an increase in the Commission's resources. If the cost of natural gas remains volatile, it is likely the natural gas public utilities would be continually filing rate cases. In times of declining gas costs, it may be necessary for the Commission to initiate rate proceedings to reduce the base rates of natural gas public utilities to en- sure that rates reflect the appropriate level of gas cost. Costs of these proceedings, which cannot be estimated at this time, would be recoverable from the utilities' customers. JAN-30-2001 H FILED WITH CLERK JAN-30-2001 H FIRST READING JAN-30-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-06-2001 H ASSIGNED TO COMMITTEE PUBLIC UTILS FEB-08-2001 H FISCAL NOTE FILED FEB-08-2001 H COMMITTEE PUBLIC UTILS FEB-08-2001 H ADDED AS A JOINT SPONSOR NOVAK MAR-16-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary