90th General Assembly
Summary of HB1692
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House Sponsors:
SCHAKOWSKY.

Short description: 
PUB UTIL-NUCLEAR REACTR-CLOSED                                             

Synopsis of Bill as introduced:
        Amends the Public Utilities Act.  Provides that a nuclear reactor      
   closed by governmental regulatory action prior to permanent  shutdown,      
   or  placed  on the Nuclear Regulatory Commission's close watch list or      
   the  equivalent,  shall  not  be  rate-based  during  the  closure  or      
   placement.  Provides that State taxpayers shall not  be  assessed  for      
   any  portion  of  the  costs  associated  with the reopening of such a      
   reactor.   Provides  that  if  a  reactor  is  closed  by   government      
   regulatory  action  or  placed  on  the  close  watch  list  or  other      
   equivalent  list,  the  Illinois Commerce Commission shall institute a      
   least-cost planning analysis to determine if the  amount  the  utility      
   intends  to spend on remediation of the nuclear facility could provide      
   equal or greater amounts of power at less cost if  it  were  spent  on      
   least-cost alternatives.                                                    
          STATE MANDATES FISCAL NOTE                                           
          In the opinion of DCCA, HB 1692 fails to create a State mandate      
          under the State Mandates Act.                                        
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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