TELCO CORPORATE RESPONSIBILITY Senate SponsorsSen. Debbie DeFrancesco Halvorson-Peter J. Roskam 1/11/2005SenateSession Sine Die 220 ILCS 5/13-221 new220 ILCS 5/13-401from Ch. 111 2/3, par. 13-401220 ILCS 5/13-404from Ch. 111 2/3, par. 13-404220 ILCS 5/13-405from Ch. 111 2/3, par. 13-405220 ILCS 5/13-408 newAmends the Telecommunications Article of the Public Utilities Act. Requires the Commerce Commission to investigate a telecommunications carrier that has an impaired financial condition. Requires telecommunications carriers that provide retail local exchange service to submit annual reports on the same basis as local incumbent exchange carriers. Effective immediately.Fiscal Note (Illinois Commerce Commission) The ICC anticipates a substantial increase in investigations and hearings before the Commission. It is estimated that this will generate at least 20 cases a year at a cost of approximately $2,500 a case, roughly $50,000 a year. Further, SB 914 will also result in additional tracking, filing and enforcement costs. This will result in increased staff time to review each report, staff time to issue citations for failure to file, in addition to an increase in postage, storage space, and microfilming costs. It is estimated this portion would cost approximately $10,000 a year. 2/19/2003SenateFiled with Secretary by Sen. Debbie DeFrancesco Halvorson 2/19/2003SenateFirst Reading 2/19/2003SenateReferred to Rules 2/21/2003SenateAdded as Chief Co-Sponsor Sen. Peter J. Roskam 2/26/2003SenateAssigned to Environment & Energy 3/5/2003SenatePostponed - Environment & Energy 3/12/2003SenateFiscal Note Filed 3/13/2003SenateHeld in Environment & Energy 3/14/2003SenateRule 3-9(a) / Re-referred to Rules 1/11/2005SenateSession Sine Die