Illinois General Assembly - Bill Status for SB0615
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 Bill Status of SB0615  95th General Assembly


Short Description:  UTILITIES-POWER PROCUREMENT

Senate Sponsors
Sen. James F. Clayborne, Jr.

Last Action
DateChamber Action
  1/13/2009SenateSession Sine Die

Statutes Amended In Order of Appearance
220 ILCS 5/9-247 new


Synopsis As Introduced
Amends the Public Utilities Act. Provides that an electric utility shall file with the Illinois Commerce Commission, subject to approval by the Commission, plans to develop short-term and long-term fixed price purchases, spot acquisitions, and the use of financial hedges, and to provide power justly and prudently priced, as determined by the Commission's rate setting process, from an affiliate of the electric utility that owns electric generating units or stations. Provides that an electric utility shall use the plans to develop and submit to the Commission a diversified power procurement pricing strategy that considers the level of competitive options for each customer class. Effective immediately.

Actions 
DateChamber Action
  2/8/2007SenateFiled with Secretary by Sen. James F. Clayborne, Jr.
  2/8/2007SenateFirst Reading
  2/8/2007SenateReferred to Rules
  2/21/2007SenateAssigned to Environment and Energy
  3/1/2007SenateHeld in Environment and Energy
  3/8/2007SenatePostponed - Environment and Energy
  3/15/2007SenateDo Pass Environment and Energy; 011-000-000
  3/15/2007SenatePlaced on Calendar Order of 2nd Reading March 20, 2007
  12/3/2007SenatePursuant to Senate Rule 3-9(b) / Referred to Rules
  1/13/2009SenateSession Sine Die

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