Bill Status of SB0075

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SB0075 - 104th General Assembly

UTILITIES-WATER ACQUISITION
Last Action
6/02/2025 - Senate: Rule 3-9(a) / Re-referred to Assignments
Statutes Amended In Order of Appearance
220 ILCS 5/9-210.5
220 ILCS 5/9-220.2
Synopsis As Introduced
Amends the Public Utilities Act. Provides that 20% of the lesser of (rather than the lesser of): (i) the purchase price or (ii) the fair market value shall constitute the rate base associated with the water or sewer utility as acquired by and incorporated into the rate base of the district designated by the acquiring large public utility, subject to any adjustments that the Illinois Commerce Commission deems necessary to ensure such rate base reflects prudent and useful investments in the provision of public utility service. Provides that the difference between the rate base and the purchase price or fair market value shall be borne by the shareholders of the acquiring large public utility. In provisions concerning the acquisition of a water or sewer utility, provides that, at the next election following the public meeting and notice requirements, a referendum shall be placed on the ballot for all electors within the area the water or sewer utility operates. Provides that, if a majority of the electors voting on the referendum within the service area of the water or sewer utility vote in favor of the referendum, then the acquisition may continue. Provides that, if less than a majority of the electors voting on the referendum within the service area of the water or sewer utility vote in favor of the referendum, the Commission shall not approve the large public utility's acquisition of the water or sewer utility. Removes a provision that provides that the Commission may authorize a water or sewer utility to file a surcharge which adjusts rates and charges to provide for recovery of costs associated with an investment in qualifying infrastructure plant, independent of any other matters related to the utility's revenue requirement. Makes other changes.

Senate Committee Amendment No. 1
In provisions concerning the acquisition of a water or sewer utility owned by the State or any political subdivision thereof by a large public utility, removes provisions requiring a referendum before the Illinois Commerce Commission can approve an acquisition.
Actions
Date Chamber Action
1/13/2025 Senate Filed with Secretary by Sen. Laura M. Murphy
1/13/2025 Senate First Reading
1/13/2025 Senate Referred to Assignments
1/22/2025 Senate Assigned to Energy and Public Utilities
1/23/2025 Senate Added as Co-Sponsor Sen. Patrick J. Joyce
2/03/2025 Senate Added as Co-Sponsor Sen. Sue Rezin
2/05/2025 Senate Added as Co-Sponsor Sen. Michael W. Halpin
2/27/2025 Senate Senate Committee Amendment No. 1 Filed with Secretary by Sen. Laura M. Murphy
2/27/2025 Senate Senate Committee Amendment No. 1 Referred to Assignments
2/27/2025 Senate Added as Co-Sponsor Sen. Laura Fine
3/04/2025 Senate Senate Committee Amendment No. 1 Assignments Refers to Energy and Public Utilities
3/05/2025 Senate Added as Co-Sponsor Sen. Rachel Ventura
3/20/2025 Senate Senate Committee Amendment No. 1 Postponed - Energy and Public Utilities
3/20/2025 Senate Postponed - Energy and Public Utilities
3/21/2025 Senate Rule 2-10 Committee Deadline Established As April 4, 2025
3/31/2025 Senate Added as Chief Co-Sponsor Sen. Graciela Guzmán
4/04/2025 Senate Rule 2-10 Committee Deadline Established As April 11, 2025
4/10/2025 Senate Senate Committee Amendment No. 1 Adopted
4/10/2025 Senate Do Pass as Amended Energy and Public Utilities; 013-000-000
4/10/2025 Senate Placed on Calendar Order of 2nd Reading
4/10/2025 Senate Second Reading
4/10/2025 Senate Placed on Calendar Order of 3rd Reading April 11, 2025
4/11/2025 Senate Rule 2-10 Third Reading Deadline Established As May 9, 2025
4/16/2025 Senate Added as Co-Sponsor Sen. Suzy Glowiak Hilton
5/09/2025 Senate Rule 2-10 Third Reading Deadline Established As May 23, 2025
5/15/2025 Senate Added as Co-Sponsor Sen. Craig Wilcox
5/23/2025 Senate Rule 2-10 Third Reading Deadline Established As June 1, 2025
6/02/2025 Senate Rule 3-9(a) / Re-referred to Assignments