Bill Text: IL SB0694 | 2013-2014 | 98th General Assembly | Introduced

---

Bill Title: Amends the Public Utilities Act. Makes a technical change in a Section concerning investments in rate base.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2015-01-13 - Session Sine Die [SB0694 Detail]

Download: Illinois-2013-SB0694-Introduced.html

---

98TH GENERAL ASSEMBLY State of Illinois 2013 and 2014 SB0694 Introduced 1/24/2013, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED:
220 ILCS 5/9-211 from Ch. 111 2/3, par. 9-211
Amends the Public Utilities Act. Makes a technical change in a Section concerning investments in rate base.
LRB098 07160 JLS 37221 b
A BILL FOR
SB0694 LRB098 07160 JLS 37221 b
AN ACT concerning utilities.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Public Utilities Act is amended by changing
Section 9-211 as follows:
(220 ILCS 5/9-211) (from Ch. 111 2/3, par. 9-211)
Sec. 9-211. The The Commission, in any determination of
rates or charges, shall include in a utility's rate base only
the value of such investment which is both prudently incurred
and used and useful in providing service to public utility
customers.
(Source: P.A. 84-617.)