HB 5296

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Utility-Acquisition Pay Rates

Abstract

Amends the Public Utilities Act. Provides that if an investor-owned water or sewer utility acquires another water or sewer utility, any subsequent rate increase to finance the acquisition shall only be paid by the customers in the new district or tariff group and not the existing customers of the investor-owned water or sewer utility or its existing tariff group. Provides that any capital investments or improvements made by an investor-owned water or sewer utility shall not be financed by the existing customers of the utility and shall only be paid for by customers that live in the district that received the capital investments or improvements. Repeals a provision on the valuation of water and sewer utilities on January 1, 2023 (instead of June 1, 2028).

Bill Sponsors (2)

Votes


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Actions


Jan 10, 2023

House

Session Sine Die

May 11, 2022

House

Added Co-Sponsor Rep. Tom Weber

Feb 18, 2022

House

Rule 19(a) / Re-referred to Rules Committee

Feb 16, 2022

House

To Water Subcommittee

Feb 09, 2022

House

Assigned to Public Utilities Committee

Jan 31, 2022

House

Referred to Rules Committee

House

First Reading

Jan 27, 2022

House

Filed with the Clerk by Rep. Steven Reick

Bill Text

Bill Text Versions Format
Introduced HTML PDF

Related Documents

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Sources

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