SB2283 99TH GENERAL ASSEMBLY

LRB099 14314 MLM 38399 b

99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
SB2283

Introduced 1/27/2016, by Sen. Sue Rezin

SYNOPSIS AS INTRODUCED:

220 ILCS 5/5-118 new

Amends the Public Utilities Act. Provides that public utilities shall file all utility extension advance deposit agreements with the Illinois Commerce Commission. Effective immediately.

A BILL FOR

AN ACT concerning regulation.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Public Utilities Act is amended by adding Section 5-118 as follows:

(220 ILCS 5/5-118 new)

Sec. 5-118. Utility extension advance deposit agreements.

(a) As used in this Section, "utility extension advance deposit agreement" means an agreement between an applicant and an electric utility or gas utility to build or connect a new line extension from a development property to a utility. The agreement may include such items as engineering studies and plans, estimated construction costs, initial deposit amounts, refund of payment terms, property rights, timelines for work completed, and termination agreements.

(b) Public utilities shall file all utility extension advance deposit agreements with the Commission.

Section 99. Effective date. This Act takes effect upon becoming law.