99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB0904

 

Introduced , by Rep. Michael J. Madigan

 

SYNOPSIS AS INTRODUCED:
 
220 ILCS 5/9-211  from Ch. 111 2/3, par. 9-211

    Amends the Public Utilities Act. Makes a technical change in a Section concerning investments in rate base.


LRB099 04730 HAF 24759 b

 

 

A BILL FOR

 

HB0904LRB099 04730 HAF 24759 b

1    AN ACT concerning regulation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Public Utilities Act is amended by changing
5Section 9-211 as follows:
 
6    (220 ILCS 5/9-211)  (from Ch. 111 2/3, par. 9-211)
7    Sec. 9-211. The The Commission, in any determination of
8rates or charges, shall include in a utility's rate base only
9the value of such investment which is both prudently incurred
10and used and useful in providing service to public utility
11customers.
12(Source: P.A. 84-617.)