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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.".