Illinois General Assembly - Bill Status for HB4989
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 Bill Status of HB4989  102nd General Assembly


Short Description:  MUNI CD-UNDERGRND UTILITIES

House Sponsors
Rep. Fred Crespo

Last Action
DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
65 ILCS 5/Art. 11 Div. 15.4 heading new
65 ILCS 5/11-15.4-1 new


Synopsis As Introduced
Amends the Illinois Municipal Code. Defines "underground" and "undergrounding". Provides that public utilities shall underground specified electric transmission lines under certain conditions. Provides that the Illinois Commerce Commission shall allow a public utility to recover from all retail customers in its service territory all reasonable and prudent costs that it incurs related to the undergrounding of such transmission lines. Provides that a public utility shall record and defer such costs as a regulatory asset to be included in the public utility's total rate base and amortized over a reasonable period that is equal to the expected life of such transmission line. Effective immediately.

Actions 
DateChamber Action
  2/14/2018HouseFiled with the Clerk by Rep. Fred Crespo
  2/14/2018HouseFirst Reading
  2/14/2018HouseReferred to Rules Committee
  3/21/2018HouseAssigned to Public Utilities Committee
  4/13/2018HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2019HouseSession Sine Die

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