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 Bill Status of SB3425  99th General Assembly


Short Description:  MUNI CD-UNDERGRND UTILITIES

Senate Sponsors
Sen. Laura M. Murphy

Last Action
DateChamber Action
  1/10/2017SenateSession Sine Die

Statutes Amended In Order of Appearance
65 ILCS 5/Art. 11 Div. 15.4 heading new
65 ILCS 5/11-15.4-1 new


Synopsis As Introduced
Amends the Illinois Municipal Code. Defines "underground" and "undergrounding". Provides that public utilities shall underground specified electric transmission lines under certain conditions. Provides that the Illinois Commerce Commission shall allow a public utility to recover from all retail customers in its service territory all reasonable and prudent costs that it incurs related to the undergrounding of such transmission lines. Provides that a public utility shall record and defer such costs as a regulatory asset to be included in the public utility's total rate base and amortized over a reasonable period that is equal to the expected life of such transmission line. Effective immediately.

Actions 
DateChamber Action
  5/10/2016SenateFiled with Secretary by Sen. Laura M. Murphy
  5/10/2016SenateFirst Reading
  5/10/2016SenateReferred to Assignments
  1/10/2017SenateSession Sine Die

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