House Sponsors: NOVAK-HASSERT. Short description: UTIL RATE INDEX TREASURY BOND Synopsis of Bill as introduced: Amends the Public Utilities Act. Provides that for purposes of calculating the rate index authorized during the deregulation mandatory transition period, an electric utility shall substitute the average yields of 10-year U.S. Treasury Bonds (with specified adjustments) in place of the average yields of 30-year U.S. Treasury Bonds if the Federal Reserve System ceases to include the monthly yields of 30-year Treasury Bonds in its weekly H.15 Statistical Release. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status