RUTHERFORD-MAUTINO-PERSICO-NOVAK AND O'CONNOR. (MAITLAND) 220 ILCS 5/5-104 from Ch. 111 2/3, par. 5-104 Amends the Public Utilities Act. Provides that a telecommunications carrier must conform its depreciation accounts to the rates determined by the Commerce Commission for only one year after the determination. Permits a telecommunications carrier to alter depreciation rates in accordance with generally accepted accounting principles. Effective immediately. HOUSE AMENDMENT NO. 1. Adds reference to: 220 ILCS 5/6-102 220 ILCS 5/10-114 new 220 ILCS 5/13-301 from Ch. 111 2/3, par. 13-301 220 ILCS 5/13-506.1 from Ch. 111 2/3, par. 13-506.1 220 ILCS 5/13-507 from Ch. 111 2/3, par. 13-507 Replaces the title and everything after the enacting clause. Amends the Public Utilities Act. Provides that a telecommunications carrier must conform its depreciation accounts to the rates determined by the Commerce Commission for only one calendar year after the determination. Permits a telecommunications carrier to alter depreciation rates in accordance with generally accepted accounting principles. Exempts telecommunications carriers from a provision requiring that notes they issue be payable within 12 months after the date of issuance. Requires the Commerce Commission to resolve proceedings on the basis of written pleadings and submissions that are verified or supported by affidavit. Requires the Commerce Commission to establish, if appropriate, a fund to permit eligible telecommunications carriers whose costs of providing services exceed the affordable rate to receive funds to mitigate the effect on customers resulting from the high costs. Provides that the costs of the established fund be recovered from all carriers on a competitively neutral basis. Provides that only the initial alternative regulation plan applicable to a telecommunications carrier limits the rates for basic residence service. Effective immediately. HOUSE AMENDMENT NO. 2. Deletes reference to: 220 ILCS 5/5-104 220 ILCS 5/10-114 new 220 ILCS 5/13-301 220 ILCS 5/13-506.1 220 ILCS 5/13-507 Replaces the title and everything after the enacting clause. Amends the Public Utilities Act. Exempts telecommunications carriers from a provision requiring that notes they issue be payable within 12 months after the date of issuance. Effective immediately. 99-02-03 H FIRST READING 99-02-03 H ADDED AS A JOINT SPONSOR MAUTINO 99-02-03 H ADDED AS A CO-SPONSOR PERSICO 99-02-03 H ADDED AS A CO-SPONSOR NOVAK 99-02-03 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-10 H ASSIGNED TO COMMITTEE PUBLIC UTILS 99-02-24 H AMENDMENT NO. 01-PUB UTILITIES H 99-02-24 H ADOPTED 99-02-24 H REMAINS IN COMMITTEE PUBLIC UTILS 99-03-03 H AMENDMENT NO. 02-PUB UTILITIES H 99-03-03 H ADOPTED 99-03-03 H DO PASS AMENDED/SHORT DEBATE 007-000-001 HPUB 99-03-03 H PLACED CALENDAR 2ND READING-SHORT DEBATE 99-03-11 H SECOND READING-SHORT DEBATE 99-03-11 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-03-12 H ADDED AS A CO-SPONSOR O'CONNOR 99-03-12 H THIRD READING/SHORT DEBATE/PASSED 112-002-001 99-03-16 S ARRIVE IN SENATE 99-03-16 S PLACED CALENDAR ORDER OF FIRST READING 99-03-17 99-03-16 S CHIEF SPONSOR MAITLAND 99-03-16 S FIRST READING 99-03-16 S REFERRED TO SENATE RULES COMMITTEE RULES 99-03-25 S ASSIGNED TO COMMITTEE ENVIR & ENE 99-04-15 S DO PASS 009-000-000 SENV 99-04-15 S PLACED ON CALENDAR ORDER OF 2ND READING 99-04-20 99-04-21 S SECOND READING 99-04-21 S PLACED ON CALENDAR ORDER OF 3RD READING 99-04-22 99-04-26 S THIRD READING - PASSED 057-000-000 99-04-26 H PASSED BOTH HOUSES 99-05-25 H SENT TO THE GOVERNOR 99-07-09 H GOVERNOR APPROVED 99-07-09 H EFFECTIVE DATE 99-07-09 99-07-09 H PUBLIC ACT.............................. 91-0069 END OF INQUIRY Full Text Bill Summary