96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
SB0699

 

Introduced 2/6/2009, by Sen. John J. Cullerton

 

SYNOPSIS AS INTRODUCED:
 
220 ILCS 5/15-301

    Amends the Public Utilities Act. Makes a technical change in a Section relating to records and accounts of common carriers by pipeline.


LRB096 06784 MJR 16868 b

 

 

A BILL FOR

 

SB0699 LRB096 06784 MJR 16868 b

1     AN ACT concerning regulation.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Public Utilities Act is amended by changing
5 Section 15-301 as follows:
 
6     (220 ILCS 5/15-301)
7     Sec. 15-301. Records and accounts.
8     (a) Each common carrier by pipeline shall:
9         (1) Keep written accounts and and records of its
10     revenues, expenses, contracts, and other activities
11     subject to regulation under this Act in accordance with
12     regulations prescribed by the Commission;
13         (2) Maintain, for a period of 3 years, copies of all
14     accounts and records required by Commission regulations;
15     and
16         (3) Make the accounts and records available for
17     inspection, on request, by an authorized employee of the
18     Commission.
19     (b) Accounts and records kept under this Section shall be
20 kept at an office in the State of Illinois unless the
21 Commission shall have authorized maintenance at a location
22 outside of the State.
23 (Source: P.A. 89-42, eff. 1-1-96.)