92nd General Assembly
Status of HB5679
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NOVAK-HASSERT.

   220 ILCS 5/16-111.3 new                                                     

        Amends the Public Utilities Act.  Provides that for  purposes  of      
   calculating   the   rate  index  authorized  during  the  deregulation      
   mandatory transition period, an electric utility shall substitute  the      
   average   yields  of  10-year  U.S.  Treasury  Bonds  (with  specified      
   adjustments) in place of the average yields of 30-year  U.S.  Treasury      
   Bonds  if  the  Federal  Reserve  System ceases to include the monthly      
   yields of 30-year  Treasury  Bonds  in  its  weekly  H.15  Statistical      
   Release.  Effective immediately.                                            
   FEB-06-2002  H  FILED WITH CLERK                                               
   FEB-06-2002  H  ADDED AS A JOINT SPONSOR                 HASSERT               
   FEB-06-2002  H  FIRST READING                                                  
   FEB-06-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   JAN-07-2003  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary