Illinois General Assembly - Illinois Compiled Statutes

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20 ILCS 3855/1-35

(20 ILCS 3855/1-35)

Sec. 1-35. Agency rules.

The Agency shall adopt rules as may be necessary and appropriate for the operation of the Agency. In addition to other rules relevant to the operation of the Agency, the Agency shall adopt   rules that accomplish each of the following:

(1) Establish procedures for monitoring the

administration of any contract administered directly or indirectly by the Agency; except that the procedures  shall not extend to executed contracts between electric utilities and their suppliers.

(2) If deemed necessary by the Agency, establish

procedures for the recovery of costs incurred in connection with the development and construction of a facility should the Agency cancel a project, provided that no such costs shall be passed on to public utilities or their customers or paid from the Illinois Power Agency Operations Fund.

(3) Implement accounting rules and a system of

accounts, in accordance with State law, permitting all reporting (i)  required by the State, (ii) required under this Act, (iii) required by the Authority, or (iv)  required under the Public Utilities Act.

The Agency shall not adopt any rules that infringe upon the authority granted to the Commission.

(Source: P.A. 102-662, eff. 9-15-21.)