IL HB5760 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 29 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. Allows the Illinois Commerce Commission to deny a license for an agent, broker, or consultant engaged in the procurement or sale of retail electricity supply for third parties if the Commission determines the applicant has failed to demonstrate that the applicant possesses the necessary competence or is unlikely to fulfill the applicant's ongoing obligations as an agent, broker, or consultant. Provides that violations of the provisions related to the licensure of agents, brokers, and consultants engaged in the procurement or sale of retail electricity supply for third parties shall be as follows: (1) for a first violation, the Commission may, in addition or as an alternative to the suspension of a license, impose a fine up to $5,000 per violation; (2) for a second violation within a 5-year period, the Commission may (rather than shall) suspend the license of the person or entity for a period of not less than 6 months and, in addition or as an alternative, impose a fine up to $10,000 per violation; and (3) for a third or subsequent violation within a 5-year period, the Commission may (rather than shall) suspend the license of the disciplined person or entity for a period of not less than 2 years and, in addition or as an alternative, impose a fine up to $20,000 per violation.

Tracking Information

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Title

UTIL-LICENSURE

Sponsors


History

DateChamberAction
2024-04-05HouseRule 19(a) / Re-referred to Rules Committee
2024-03-12HouseAssigned to Public Utilities Committee
2024-03-05HouseReferred to Rules Committee
2024-03-05HouseFirst Reading
2024-02-29HouseFiled with the Clerk by Rep. Eva-Dina Delgado

Code Citations

ChapterArticleSectionCitation TypeStatute Text
220516-115CAmended CodeCitation Text

Illinois State Sources


Bill Comments

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