92nd General Assembly
Summary of SB0847
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Senate Sponsors:
RAUSCHENBERGER AND BOWLES.

House Sponsors:
MOORE

Short description: 
ICC ADMINISTRATIN AND FEES                                                 

Synopsis of Bill as introduced:
        Amends the Public  Utilities  Act  and  the  Illinois  Commercial      
   Transportation  Law.  Authorizes  the Commerce Commission to establish      
   fees to defray the expenses  of  monitoring  compliance  by  regulated      
   entities.  Authorizes  the Commission to establish fees for the filing      
   of various documents with the Commission. Increases the threshold  for      
   filing  estimated  taxes  from  $1,000  to  $10,000.  Provides for tax      
   returns to be filed by March 31, rather than January 31. Provides  for      
   the  transfer  of  moneys  from the Public Utility Fund to the General      
   Revenue Fund when the balance  in  the  Public  Utility  Fund  exceeds      
   $5,000,000  rather than $2,500,000. Removes cap on amounts that may be      
   accumulated in the Transportation Regulatory Fund. Creates the  Public      
   Utility  Investigation Expense Reimbursement Fund as a special fund in      
   the State Treasury for receipt of moneys paid to defray  the  cost  of      
   monitoring compliance of regulated entities. Effective immediately.         
        SENATE AMENDMENT NO. 1.                                                
          Deletes reference to:                                                
          30 ILCS 105/5.545 new                                                
          220 ILCS 5/2-203 new                                                 
          625 ILCS 5/18c-1502.15 new                                           
        Replaces everything after the enacting clause. Amends the Public       
   Utilities Act and the Illinois Commercial Transportation Law in the         
   Illinois Vehicle Code. Authorizes the Illinois Commerce Commission to       
   establish  fees for the filing of various documents with the                
   Commission. Exempts counties, municipalities, the Attorney General,         
   and statutory consumer protection agencies from the filing fees.            
   Provides for a repeal of filing fee authorization effective July 1,         
   2007. Authorizes annual appropriations to the Commerce Commission for       
   operation of an Electronic One-Stop System. Increases the threshold         
   for filing estimated taxes from $1,000 to $10,000. Provides for tax         
   returns to be filed by March 31, rather than January 31. Provides for       
   the transfer of moneys from the Public Utility Fund to the General          
   Revenue Fund when the balance in the Public Utility Fund exceeds            
   $5,000,000 rather than $2,500,000. Effective immediately.                   
        HOUSE AMENDMENT NO. 1.                                                 
          Deletes reference to:                                                
          220 ILCS 5/2-202                                                     
          220 ILCS 5/2-301 new                                                 
          625 ILCS 5/18c-1502.15 new                                           
          Adds reference to:                                                   
          220 ILCS 5/2-102                from Ch. 111 2/3, par. 2-102         
        Replaces the title and  everything  after  the  enacting  clause.      
   Amends  the  Public  Utilities  Act.   Adds  a  caption  to  a Section      
   concerning members of the Illinois Commerce Commission.                     
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   1


   END OF INQUIRY 



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