State of Illinois
92nd General Assembly
Legislation

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92_SB2035

 
                                               LRB9216002JSpc

 1        AN ACT relating to public utilities.

 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
 5    changing Section 15-301 as follows:

 6        (220 ILCS 5/15-301)
 7        Sec. 15-301.  Records and accounts.
 8        (a)  A Each common carrier by pipeline shall:
 9             (1)  Keep  written  accounts  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
14        all  accounts  and   records   required   by   Commission
15        regulations; 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
20    be 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.)

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