IL HB5061 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on February 7 2024 - 25% progression
Action: 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 7 2024 - 25% progression
Action: 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Public Utilities Act. Provides that the Illinois Commerce Commission shall not consider as an expense of any public utility, for the purpose of determining any rate or charge, any amount expended for contributions or gifts to political candidates, political parties, political or legislative committees, or any committee or organization working to influence referendum petitions or elections or contributions to a trade association, chamber of commerce, or public charity, including, but not limited to, a charity managed by the public utility or affiliated interest. Provides that the Commission shall not consider as an expense of any public utility, for the purpose of determining any rate or charge, any amount expended by the public utility for director and officers liability insurance and fiduciary liability insurance. Provides that in determining whether other types of insurance purchased by the public utility are recoverable, the Commission shall determine whether the insurance is of financial benefit to ratepayers of the public utility or its shareholders. Provides that if the Commission determines the insurance purchased by the public utility is of benefit to its shareholders, then it shall not be a recoverable expense. Provides that, if a gas, electric, water, or sewer utility requests a general rate increase, the Commission shall hold at least one public hearing for the public to provide input on the proposed increase in rates. Provides that the public hearing shall be held in the service area of the public utility that is requesting the general rate increase at a time and location determined by the Commission. Makes changes in provisions definitions; donations made by a public utility for energy assistance; consideration of attorney and expert compensation as an expense; and the Consumer Intervenor Compensation Fund.
Title
UTILITIES-RECOVERABLE EXPENSES
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-04-05 | House | Rule 19(a) / Re-referred to Rules Committee |
2024-03-27 | House | Added Co-Sponsor Rep. Joyce Mason |
2024-03-13 | House | To Utilities Subcommittee |
2024-03-05 | House | Assigned to Public Utilities Committee |
2024-02-21 | House | Added Co-Sponsor Rep. Anne Stava-Murray |
2024-02-20 | House | Added Co-Sponsor Rep. Abdelnasser Rashid |
2024-02-08 | House | Referred to Rules Committee |
2024-02-08 | House | First Reading |
2024-02-07 | House | Filed with the Clerk by Rep. Theresa Mah |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
220 | 5 | 9-224 | Amended Code | Citation Text |
220 | 5 | 9-224.1 | New Code | See Bill Text |
220 | 5 | 9-225 | Amended Code | Citation Text |
220 | 5 | 9-227 | Amended Code | Citation Text |
220 | 5 | 9-229 | Amended Code | Citation Text |
220 | 5 | 9-231 | New Code | See Bill Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5061&GAID=17&DocTypeID=HB&SessionID=112&GA=103 |
Text | https://www.ilga.gov/legislation/103/HB/10300HB5061.htm |