91st General Assembly
Summary of HB2202
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House Sponsors:
BOLAND.

Short description: 
ICC APPROVE UTILITY MERGER                                                 

Synopsis of Bill as introduced:
        Amends the Public Utilities Act. Sets forth criteria that must be      
   met before the Commerce Commission may approve a merger or  change  in      
   control  of  a  public utility or telecommunications carrier. Requires      
   the Commission to allocate, where it  has  ratemaking  authority,  the      
   economic  benefits  of  the  merger.  Provides  that  ratepayers shall      
   receive at least 50% of the benefits.                                       
          FISCAL NOTE (Ill. Commerce Commission)                               
          At this time, the exact cost of the additional resources or          
          skills likely to be required cannot be determined.                   
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

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


   END OF INQUIRY 



 Full Text  Bill Status