Illinois General Assembly - Full Text of SB1532
Illinois General Assembly

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

Full Text of SB1532  102nd General Assembly

SB1532 102ND GENERAL ASSEMBLY

  
  

 


 
102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
SB1532

 

Introduced 2/26/2021, by Sen. David Koehler

 

SYNOPSIS AS INTRODUCED:
 
220 ILCS 5/4-604 new

    Amends the Public Utilities Act. Provides that the Illinois Commerce Commission shall conduct at least one workshop and issue a report examining the ability of competitive energy markets to reduce total costs for Illinois consumers and encourage merchant investment through combinations of supply and demand-side management options. Provides that the report shall be submitted to the Governor and the General Assembly, as well as posted on the Internet website of the Commission, on or before March 1, 2022. Provides for repeal of the provisions on October 1, 2022. Effective immediately.


LRB102 12104 SPS 17441 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB1532LRB102 12104 SPS 17441 b

1    AN ACT concerning regulation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Public Utilities Act is amended by adding
5Section 4-604 as follows:
 
6    (220 ILCS 5/4-604 new)
7    Sec. 4-604. Competitive energy markets costs. The Illinois
8Commerce Commission shall conduct at least one workshop and
9issue a report examining the ability of competitive energy
10markets to reduce total costs for Illinois consumers and
11encourage merchant investment through combinations of supply
12and demand-side management options. The report under this
13Section shall be submitted to the Governor and the General
14Assembly, as well as posted on the Internet website of the
15Commission, on or before March 1, 2022. This Section is
16repealed on October 1, 2022.
 
17    Section 99. Effective date. This Act takes effect upon
18becoming law.