92nd General Assembly
Status of HB0367
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 Full Text  Bill Summary

   220 ILCS 5/9-220          from Ch. 111 2/3, par. 9-220                      

        Amends  the  Public  Utilities  Act.   Limits   increases   under      
   purchased gas adjustment clauses to 10% over the previously applicable      
   purchased gas adjustment clause.  Effective immediately.                    
          FISCAL NOTE (Illinois Commerce Commission)                           
          This legislation would require an increase in the Commission's       
          resources. If the cost of natural gas remains volatile, it is        
          likely the natural gas public utilities would be continually         
          filing rate cases. In times of declining gas costs, it may be        
          necessary for the Commission to initiate rate proceedings to         
          reduce the base rates of natural gas public utilities to en-         
          sure that rates reflect the appropriate level of gas cost.           
          Costs of these proceedings, which cannot be estimated at this        
          time, would be recoverable from the utilities' customers.            
   JAN-30-2001  H  FILED WITH CLERK                                               
   JAN-30-2001  H  FIRST READING                                                  
   JAN-30-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-06-2001  H       ASSIGNED TO COMMITTEE               PUBLIC UTILS          
   FEB-08-2001  H                         FISCAL NOTE FILED                       
   FEB-08-2001  H                   COMMITTEE               PUBLIC UTILS          
   FEB-08-2001  H  ADDED AS A JOINT SPONSOR                 NOVAK                 
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary