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Full Text of SB3425  99th General Assembly

SB3425 99TH GENERAL ASSEMBLY

  
  

 


 
99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
SB3425

 

Introduced 5/10/2016, by Sen. Laura M. Murphy

 

SYNOPSIS AS INTRODUCED:
 
65 ILCS 5/Art. 11 Div. 15.4 heading new
65 ILCS 5/11-15.4-1 new

    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.


LRB099 21732 AWJ 48362 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB3425LRB099 21732 AWJ 48362 b

1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Municipal Code is amended by adding
5Division 15.4 as follows:
 
6    (65 ILCS 5/Art. 11 Div. 15.4 heading new)
7
DIVISION 15.4.
8
UNDERGROUNDING UTILITY FACILITIES

 
9    (65 ILCS 5/11-15.4-1 new)
10    Sec. 11-15.4-1. Undergrounding utility facilities.
11    (a) As used in this Division and unless the context
12requires otherwise, "underground" or "undergrounding" means
13routing and constructing electric transmission lines and their
14associated components below ground, consistent with sound
15engineering and utility practices.
16    (b) In the interest of public health and safety,
17reliability, and electric grid security, a public utility, as
18defined by Section 3-105 of the Public Utilities Act, shall
19underground any 138 kilowatt or greater electric transmission
20line constructed after the effective date of this amendatory
21Act of the 99th General Assembly where:
22        (1) such transmission line or any portion thereof is to

 

 

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1    be located within 26,000 feet of an airport that is located
2    in and owned by a municipality with a population greater
3    than 70,000 and less than 80,000 located in or contiguous
4    to a county with a population in excess of 1,000,000
5    inhabitants; or
6        (2) such transmission line is to be located in 4 or
7    more contiguous municipalities with a population density
8    of 1,000 per square mile or more as of the most recent
9    federal decennial census.
10    (c) The costs for undergrounding a new transmission line
11shall not be allocated solely to the municipality or
12municipalities in which it is underground; instead, the
13Illinois Commerce Commission shall allow a public utility to
14fully recover from all retail customers in its service
15territory all reasonable and prudent costs that it incurs
16related to the undergrounding of transmission lines. The public
17utility shall record and defer such costs as a regulatory asset
18to be included in the public utility's total rate base and
19amortized over a reasonable period that is equal to the
20expected life of the transmission line. Such regulatory assets
21shall be collected from all ratepayers system-wide, and not
22only from ratepayers in the corporate limits of the
23municipality or municipalities within which the transmission
24line is constructed.
 
25    Section 99. Effective date. This Act takes effect upon
26becoming law.