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96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010 SB0699
Introduced 2/6/2009, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED: |
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Amends the Public Utilities Act. Makes a technical change in a Section
relating to records and accounts of common carriers by pipeline.
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A BILL FOR
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SB0699 |
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LRB096 06784 MJR 16868 b |
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| AN ACT concerning regulation.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Public Utilities Act is amended by changing |
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| Section 15-301 as follows:
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| (220 ILCS 5/15-301)
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| Sec. 15-301. Records and accounts.
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| (a) Each common carrier
by pipeline shall:
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| (1) Keep written accounts and
and records of its
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| revenues, expenses, contracts, and other activities
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| subject to regulation under this Act in accordance with
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| regulations prescribed by the Commission;
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| (2) Maintain, for a period of 3 years, copies of
all |
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| accounts and records required by Commission
regulations; |
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| and
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| (3) Make the accounts and records available for
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| inspection, on request, by an authorized employee of the
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| Commission.
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| (b) Accounts and records kept under this
Section shall be |
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| kept at an office in the State of
Illinois unless the |
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| Commission shall have authorized
maintenance at a location |
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| outside of the State.
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| (Source: P.A. 89-42, eff. 1-1-96.)
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