NOVAK-PERSICO-SCHAKOWSKY-SAVIANO-FLOWERS, BOLAND AND HOLBROOK. 220 ILCS 5/3-105 from Ch. 111 2/3, par. 3-105 220 ILCS 5/5-105 from Ch. 111 2/3, par. 5-105 220 ILCS 5/Art. XVI heading new 220 ILCS 5/16-100 new 220 ILCS 5/16-101 new 220 ILCS 5/16-102 new 220 ILCS 5/16-105 new 220 ILCS 5/16-107 new 220 ILCS 5/16-110 new 220 ILCS 5/16-115 new 220 ILCS 5/16-120 new 220 ILCS 5/16-125 new 220 ILCS 5/16-130 new 220 ILCS 5/16-135 new 220 ILCS 5/16-140 new 220 ILCS 5/16-141 new 220 ILCS 5/16-145 new 220 ILCS 5/16-150 new 220 ILCS 5/16-151 220 ILCS 5/16-155 new 220 ILCS 5/16-160 new 220 ILCS 5/16-165 new 220 ILCS 5/16-170 new 220 ILCS 5/16-175 new 30 ILCS 105/6z-42 new Amends the Public Utilities Act. Creates the Competitive Electric Generation Law. Establishes the parameters for competition in the production and sale of electricity. Requires utilities to restructure to separate generation operations from other company operations. Requires utilities to provide wholesale electricity and energy efficiency programs. Creates a Universal Service Fund to provide service to low-income customers. Provides for recovery of certain uneconomic costs by utilities. Authorizes the Commission to regulate power marketers. Creates a Ratepayer Equity Fund into which utilities must pay company stock in the amount of the uneconomic costs recovered. Requires the State Treasurer to manage the Fund to maximize returns to ratepayers. Effective June 1, 1997. FISCAL NOTE (Commerce Commission, Ill.) Fiscal impact on Commission operations is unknown at this time. HOUSING AFFORDABILITY IMPACT NOTE There would be no constructing, purchasing or selling a single-family residence. 97-02-18 H FIRST READING 97-02-18 H ADDED AS A JOINT SPONSOR PERSICO 97-02-18 H ADDED AS A CO-SPONSOR SCHAKOWSKY 97-02-18 H ADDED AS A CO-SPONSOR SAVIANO 97-02-18 H ADDED AS A CO-SPONSOR FLOWERS 97-02-18 H ADDED AS A CO-SPONSOR BOLAND 97-02-18 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-02-19 H ASSIGNED TO COMMITTEE PUBLIC UTILS 97-02-20 H RE-ASSIGNED TO COMMITTEE ELECTRIC UTIL 97-02-20 H ADDED AS A CO-SPONSOR HOLBROOK 97-03-07 H FISCAL NOTE FILED 97-03-07 H COMMITTEE ELECTRIC UTIL 97-03-17 H HOUSING AFORDABILITY IMPCT NOTE FILED 97-03-17 H COMMITTEE ELECTRIC UTIL 97-03-21 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary