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Public Act 100-0177


 

Public Act 0177 100TH GENERAL ASSEMBLY

  
  
  

 


 
Public Act 100-0177
 
HB3396 EnrolledLRB100 09031 AWJ 19179 b

    AN ACT concerning local government.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Illinois Municipal Code is amended by
changing Section 11-119.1-3 as follows:
 
    (65 ILCS 5/11-119.1-3)  (from Ch. 24, par. 11-119.1-3)
    Sec. 11-119.1-3. The following terms whenever used or
referred to in this Division, shall have the following meanings
unless the context requires otherwise:
        (1) "Agency agreement" means the written agreement
    between 2 or more municipalities establishing a municipal
    power agency.
        (2) "Bonds" means revenue bonds, notes and other
    evidences of obligations of a municipal power agency issued
    under the provisions of this Division.
        (3) "Eligible utility" means a public agency or other
    entity of any type, including an electric cooperative as
    defined in Section 3.4 of the Electric Supplier Act, which
    (i) owns, operates or controls any plant or equipment for
    the generation, transmission or distribution of electric
    power and energy in connection with the furnishing thereof
    for sale or resale or (ii) is an independent system
    operator within the electrical power system, a regional
    transmission organization within the electrical power
    system, or an entity that participates as a buyer or seller
    in an organized independent system operator market or
    regional transmission organization market.
        (4) "Governing body" means, with respect to a
    municipality, the council, city council, board of
    trustees, or other corporate authority of the municipality
    which exercises the general governmental powers of such
    municipality.
        (5) "Municipal power agency" means a body politic and
    corporate, municipal corporation and unit of local
    government of the State of Illinois organized in accordance
    with the provisions of this Division.
        (6) "Municipality" means a city, village or
    incorporated town in the State of Illinois owning or
    operating an electric utility which furnishes retail
    electric service to the public.
        (7) "Project" means any plant, works, system,
    facility, and real and personal property of any nature
    whatsoever, together with all parts thereof and
    appurtenances thereto, used or useful in the generation,
    production, distribution, transmission, purchase, sale,
    exchange or interchange of electrical energy and in the
    acquisition, extraction, conversion, transportation,
    storage or reprocessing of fuel of any kind for any such
    purposes, or any interest in, or right to the use,
    services, output or capacity, of any such plant, works,
    system or facilities.
        (8) "Public agency" means any municipality, political
    subdivision, municipal corporation, unit of local
    government, governmental unit, or public corporation
    operated by or pursuant to the laws of the State of
    Illinois, of another state or of the United States, and any
    state, the United States, and any commission, board, bureau
    or other body declared by the laws of any state or the
    United States to be a department, agency, or
    instrumentality thereof.
(Source: P.A. 83-997.)

Effective Date: 1/1/2018