TITLE 83: PUBLIC UTILITIES
CHAPTER I: ILLINOIS COMMERCE COMMISSION
SUBCHAPTER d: GAS UTILITIES
PART 505 UNIFORM SYSTEM OF ACCOUNTS FOR GAS UTILITIES
SECTION 505.2070 ACCOUNT 207


 

Section 505.2070  Account 207

 

In Account 207, Premium on Capital Stock, add the following as NOTE A:

 

            "Records with respect to this account shall be maintained so as to identify the amount of discount, including underwriting discounts recorded in this account.  The records shall be kept so as to show separately the amount of discount on common stock issuances and preferred issuances.  Amounts which have been recovered through rates shall also be identified separately.  The details of this account as to amounts of discount on common and preferred stock issuances and amounts recovered through rates shall be disclosed in the annual report to the Commission (ICC Form 21).  This procedure may be followed for existing common stock expenses which have not been recovered through rates as of December 31, 1993."

 

(Source:  Added at 18 Ill. Reg. 10701, effective July 1, 1994)