SB3437eng 98TH GENERAL ASSEMBLY

SB3437 Engrossed LRB098 19532 RPS 54709 b

AN ACT concerning regulation.

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

Section 5. The Public Utilities Act is amended by changing Section 19-130 as follows:

(220 ILCS 5/19-130)

Sec. 19-130. Commission study and report. The Commission's Office of Retail Market Development shall prepare an annual report regarding the development of competitive retail natural gas markets in Illinois. The report shall be approved by the Commission and be filed by July 1 of each odd year beginning in 2015 with the Joint Committee on Legislative Support Services of the General Assembly and the Governor and shall be publicly available. The report shall include, at a minimum, the following information:

(1) an analysis of the status and development of the retail natural gas market in the State of Illinois; and

(2) a discussion of any identified barriers to the development of competitive retail natural gas markets in Illinois and proposed solutions to overcome identified barriers; and

(3) any other information the Commission considers significant in assessing the development of gas markets in the State of Illinois.

To aid in preparation of its annual report, as well in its assessment of barriers to the development of competitive retail natural gas markets and proposed solutions to overcome those barriers, the Commission's Office of Retail Market Development shall gather input from all interested parties as well as from other bureaus within the Commission.

(Source: P.A. 97-223, eff. 1-1-12.)

Section 99. Effective date. This Act takes effect upon becoming law.