SB 3111

Abstract

Amends the Public Utilities Act. Creates ethical standards applicable to renewable energy companies. Establishes a Renewable Energy Company Ethics and Compliance Monitor to oversee compliance by renewable energy companies as part of the Ethics and Accountability Division of the Illinois Commerce Commission. Provides that no later than 60 days after the effective date of the amendatory Act, each renewable energy company shall establish a position of Chief Ethics and Compliance Officer to ensure that the renewable energy company complies with the highest standards of ethical conduct. Provides that each renewable energy company shall be required to submit an annual ethics and compliance report to the Commission no later than May 1 of each year. Amends the Illinois Administrative Procedure Act to allow the Commission to adopt emergency rules. Effective immediately.