HB3626 Engrossed LRB095 11436 MJR 32357 b

1     AN ACT concerning regulation.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Public Utilities Act is amended by adding
5 Section 16-120.1 as follows:
 
6     (220 ILCS 5/16-120.1 new)
7     Sec. 16-120.1. Competitive market proposal. Within 30 days
8 after the effective date of this amendatory Act of the 95th
9 General Assembly, the Illinois Commerce Commission shall
10 submit a formal proposal to the Governor and the General
11 Assembly for creation of a competitive market for residential
12 electric consumers in Illinois that the Commission shall
13 implement within 45 days after submission of the proposal.
 
14     Section 99. Effective date. This Act takes effect upon
15 becoming law.