95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB2081


 
Introduced 2/26/2007, by Rep. Michael J. Madigan - Barbara Flynn Currie - Annazette Collins
 
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.
















LRB095 01535 MJR 21537 b

















 


 


A BILL FOR









 











HB2081

LRB095 01535 MJR 21537 b






1
    AN ACT concerning regulation.

 
2
    Be it enacted by the People of the State of Illinois, 
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represented in the General Assembly: 


 
4
    Section 5. The Public Utilities Act is amended by changing 
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Section 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 
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rates or charges,
shall include in a utility's rate base only 
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the value of such investment
which is both prudently incurred 
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and used and useful in providing service
to public utility 
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customers.
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(Source: P.A. 84-617.)