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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008 SB1926
Introduced 1/16/2008, by Sen. Jeffrey M. Schoenberg SYNOPSIS AS INTRODUCED: |
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Amends the Public Utilities Act. Provides that each (rather than for each of the years 2003 through 2008, each electric utility) electric
utility as defined in Section 16-102 of this Act providing service to more than
12,500 customers in this State on January 1, 1995 shall contribute annually a
pro rata share of a total amount of $5,500,000 based upon the number of
kilowatt-hours delivered to retail customers within this State by each such
electric utility in the 12 months preceding the year of contribution. Removes a repeal date of January 1, 2009 for specified provisions. Effective immediately.
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FISCAL NOTE ACT MAY APPLY | |
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY |
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A BILL FOR
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SB1926 |
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LRB095 14200 MJR 40068 b |
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| AN ACT concerning regulation.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Public Utilities Act is amended by changing |
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| Section 2-203 as follows:
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| (220 ILCS 5/2-203)
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| (Section scheduled to be repealed on January 1, 2009)
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| Sec. 2-203. Public Utility Fund base maintenance |
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| contribution. Each For each of the years 2003 through 2008, |
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| each electric
utility as defined in Section 16-102 of this Act |
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| providing service to more than
12,500 customers in this State |
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| on January 1, 1995 shall contribute annually a
pro rata share |
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| of a total amount of $5,500,000 based upon the number of
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| kilowatt-hours delivered to retail customers within this State |
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| by each such
electric utility in the 12 months preceding the |
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| year of contribution. On or
before May 1 of each year, the |
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| Illinois Commerce Commission shall determine and
notify the |
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| Illinois Department of Revenue of the pro rata share owed by |
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| each
electric utility based upon information supplied annually |
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| to the Commission. On
or before June 1 of each year, the |
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| Department of Revenue shall send written
notification to each |
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| electric utility of the amount of pro rata share they owe.
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| These contributions shall be remitted to the Department of |