State of Illinois
92nd General Assembly
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92_SB2081sam001

 










                                             LRB9212879JSpcam

 1                    AMENDMENT TO SENATE BILL 2081

 2        AMENDMENT NO.     .  Amend Senate Bill 2081 on page 1  by
 3    replacing lines 7 through 26 with the following:
 4        "Sec. 16-111.3.  Transition period earnings calculations.
 5    At such time as the Board of Governors of the Federal Reserve
 6    System  ceases  to  include  the  monthly  average  yields of
 7    30-year U.S. Treasury bonds in its  weekly  H.15  Statistical
 8    Release   or  successor  publication,  the  Monthly  Treasury
 9    Long-Term Average Rates (25 years and above) published by the
10    Board of Governors of  the  Federal  Reserve  System  in  its
11    weekly  H.15  Statistical  Release  or  successor publication
12    shall instead be used to establish a rate for the purpose  of
13    calculating  the  Index  defined in subsection (e) of Section
14    16-111 of this Act, and at such time, such  Monthly  Treasury
15    Long-Term  Average  Rates  (25 years and above) shall also be
16    used in place of the monthly average yields of  30-year  U.S.
17    Treasury  bonds in the rate of return calculation required by
18    subsection (d) of Section 16-111.  An electric utility  shall
19    also  remove  the  effects,  if  any,  of  the application of
20    Statement of Financial Accounting Standards  No.  142,  which
21    was  issued  in  June  2001,  when  making  the  calculations
22    required  by  this  Section  or by subsections (d) and (e) of
23    Section 16-111.".

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