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| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018 SB1494 Introduced 2/9/2017, by Sen. Laura M. Murphy SYNOPSIS AS INTRODUCED: |
| 65 ILCS 5/Art. 11 Div. 15.4 heading new | | 65 ILCS 5/11-15.4-1 new | |
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Amends the Illinois Municipal Code. Defines "underground" and "undergrounding". Provides that public utilities shall underground 138 kilowatt or greater electric transmission lines under certain conditions. Provides that the Illinois Commerce Commission shall allow a public utility to recover from all retail customers in its service territory all reasonable and prudent costs that it incurs related to the undergrounding of a 138 kilowatt or greater electric transmission line. Provides that a public utility shall record and defer costs that it incurs related to the undergrounding of transmission lines as a regulatory asset to be included in the public utility's total rate base and amortized over a reasonable period that is equal to the expected life of such transmission line. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | SB1494 | | LRB100 11174 AWJ 21471 b |
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1 | | AN ACT concerning local government.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Municipal Code is amended by adding |
5 | | Division 15.4 as follows: |
6 | | (65 ILCS 5/Art. 11 Div. 15.4 heading new) |
7 | | DIVISION 15.4. |
8 | | UNDERGROUNDING UTILITY FACILITIES |
9 | | (65 ILCS 5/11-15.4-1 new) |
10 | | Sec. 11-15.4-1. Undergrounding utility facilities. |
11 | | (a) As used in this Division and unless the context |
12 | | requires otherwise, "underground" or "undergrounding" means |
13 | | routing and constructing electric transmission lines and their |
14 | | associated components below ground, consistent with sound |
15 | | engineering and utility practices. |
16 | | (b) In the interest of public health and safety, |
17 | | reliability, and electric grid security, a public utility, as |
18 | | defined by Section 3-105 of the Public Utilities Act, shall |
19 | | underground any 138 kilowatt or greater electric transmission |
20 | | line constructed after the effective date of this amendatory |
21 | | Act of the 100th General Assembly where: |
22 | | (1) a 138 kilowatt or greater electric transmission |