91st General Assembly
Summary of SB0024
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Senate Sponsors:
MAHAR.

House Sponsors:
NOVAK-PERSICO

Short description: 
PUBLIC UTILITIES-COGENERATION                                              

Synopsis of Bill as introduced:
        Amends  the  Public  Utilities  Act.   Makes  stylistic   changes      
   concerning the supply of electricity.                                       
        HOUSE AMENDMENT NO. 1.  (House recedes May 27, 1999)                   
        Makes a stylistic change.                                              
        CONFERENCE COMMITTEE REPORT NO. 1.                                     
        Recommends that the House recede from H-am 1.                          
        Recommends that the bill be further amended as follows:                
          Adds reference to:                                                   
          220 ILCS 5/16-104                                                    
          220 ILCS 5/16-108                                                    
          220 ILCS 5/16-110                                                    
          220 ILCS 5/16-111                                                    
          220 ILCS 5/16-111.1 new                                              
          220 ILCS 5/16-111.2 new                                              
          220 ILCS 5/16-114.1 new                                              
          220 ILCS 5/16-130                                                    
          220 ILCS 10/5                                                        
          220 ILCS 10/5.1 new                                                  
        Deletes everything.  Amends the Public  Utilities  Act.   Changes      
   the  definition  of  "alternative  retail electric supplier". Provides      
   that an electric utility serving more than 1,000,000  customers  shall      
   offer  delivery services to certain retail customers. Provides that an      
   electric utility shall not charge transition  charges  for  power  and      
   energy   that   a   retail   customer   takes   from co-generation  or      
   self-generation facilities if the facilities  meet  certain  criteria.      
   Provides  that  industrial  retail  customers  are  not subject to the      
   transition charge for power and energy taken from  certain  generation      
   facilities.  Provides that an electric utility providing service to at      
   least  1,000,000  customers in this State on January 1, 1999 shall not      
   be entitled to petition for  entry  of  an  order  by  the  Commission      
   authorizing  the  electric utility to implement transition charges for      
   an additional period ending no later than December 31, 2008.  Provides      
   that  a  public  utility  that  provided  electric service to at least      
   1,000,000 customers on January 1, 1999 shall file  tariffs,  effective      
   October 1, 2001, (now May 1, 2002) for each component of its base           
   rates by an additional 5% from the base rates in effect immediately         
   prior to January 1, 1998. Changes the method of calculating the Index.      
   Provides  that  if an electric utility is selling or transferring to a      
   single buyer 5 or more generating plants with a total  net  dependable      
   capacity  of  5000  megawatts or more and has obtained a sale price or      
   consideration that exceeds 200% of the book value of those plants,  it      
   shall  provide to the Governor, the Speaker and Minority Leader of the      
   House of Representatives, and the President and the Minority Leader of      
   the Senate a written commitment to expend  $2,000,000,000  within  its      
   service  area  on  various  programs.  Provides  that such an electric      
   utility may establish a  trust  or  foundation  to  provide  financial      
   assistance for the programs.  Provides that the trustees of a trust or      
   foundation  shall  contribute  money  to  the  Citizens Utility Board.      
   Permits an electric utility owning a single-unit nuclear  power  plant      
   that enters into an agreement to sell a nuclear power plant and agrees      
   to  make payments to a trust or to purchase an insurance instrument to      
   provide for payment of decommissioning  costs  of  the  nuclear  power      
   plant  to maintain decommissioning funds to implement revisions to its      
   decommissioning rate. Amends the Citizens Utility Board Act to  permit      
   the  Board  to  accept  contributions  made  pursuant  to  the  Public      
   Utilities Act. Effective immediately.                                       
 
Last action on Bill: PUBLIC ACT.............................. 91-0050

   Last action date: 99-06-30

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 
                                                                               



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