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<xml>
<title>Illinois General Assembly - Bill Status for SB 2095   </title>
<shortdesc>UTILITIES-NUCLEAR DECOMMISSION</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. John J. Cullerton-Susan Garrett-Don Harmon</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>220 ILCS 5/8-508.1</reference><aliasreference>from Ch. 111 2/3, par. 8-508.1</aliasreference><SynopsisText>Amends the Public Utilities Act. Requires at least 15% of a nuclear decommissioning trust's funds to be invested in Illinois-based companies whose businesses are primarily devoted to (A) developing new technologies for producing or storing renewable energy or (B) reducing electricity usage. Provides an exception if a nuclear power plant is actively being decommissioned. Provides that an investment of the funds in a nuclear decommissioning trust fund shall be deemed prudent if it meets the prudent investor standards under specified federal regulations.</SynopsisText><synopsistitle>Senate Committee Amendment No. 1</synopsistitle>
<SynopsisText>Deletes everything after the enacting clause. Reinserts the contents of the introduced bill with the following changes. Provides that a percentage that shall increase each year for 5 years after the effective date of the amendatory Act, at a maximum of 3% or $2,000,000 (rather than at least 15%), of the trust's funds must be invested in Illinois-based companies whose businesses are primarily devoted to (A) developing new technologies for producing or storing renewable energy or (B) reducing electricity usage, including without limitation companies that manufacture energy conservation items such as hybrid automobiles, green lightbulbs, and Leadership in Energy and Environmental Design certified green buildings.</SynopsisText></synopsis>
<actions>
<statusdate>2/14/2008</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. John J. Cullerton</action>
<statusdate>2/14/2008</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/14/2008</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/20/2008</statusdate><chamber>Senate</chamber><action>Assigned to Environment and Energy</action>
<statusdate>3/6/2008</statusdate><chamber>Senate</chamber><action>Postponed - Environment and Energy</action>
<statusdate>3/11/2008</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton</action>
<statusdate>3/11/2008</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Rules</action>
<statusdate>3/11/2008</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Rules Refers to  Environment and Energy</action>
<statusdate>3/11/2008</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Susan Garrett</action>
<statusdate>3/12/2008</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Adopted</action>
<statusdate>3/13/2008</statusdate><chamber>Senate</chamber><action>Held in Environment and Energy</action>
<statusdate>3/14/2008</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Rules</action>
<statusdate>4/8/2008</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Don Harmon</action>
<statusdate>1/13/2009</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

