Bill

Bill > SB1350


IL SB1350

IL SB1350
UTILITIES-COST RECOVERY


summary

Introduced
01/28/2025
In Committee
01/28/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Rates Article of the Public Utilities Act. Requires the Illinois Commerce Commission to authorize a surcharge or surcharges upon petition by a public utility that provides water or sewer service, independent of any other matters related to the utility's revenue requirements, which adjusts rates and charges to provide for recovery of costs or capital investments associated with any environmental compliance requirements under an environmental statute, rule, regulation, permit term, or a condition related to, but not limited to, perfluoroalkyl and polyfluoroalkyl substances, cyanotoxins, lead and copper, or any other emerging chemical contaminants that are known or suspected to pose a risk to human health or the environment. Requires, on a periodic basis, the Commission to initiate hearings to reconcile amounts collected under the surcharges with the actual prudently incurred costs recoverable for each annual period during which the surcharge was in effect. Requires the Commission to adopt certain rules to implement the collection of the surcharges. Repeals the provisions on January 1, 2031. Effective immediately.

AI Summary

This bill amends the Public Utilities Act to allow water and sewer utilities in Illinois to petition the Illinois Commerce Commission (ICC) for a special surcharge to recover costs related to environmental compliance. The surcharge would help utilities pay for investments and expenses associated with addressing emerging environmental and health risks, such as perfluoroalkyl and polyfluoroalkyl substances (PFAS), cyanotoxins, lead, copper, and other potential chemical contaminants. The bill requires the ICC to periodically review and reconcile the surcharges to ensure that collected funds match actual prudently incurred costs. The ICC must also develop comprehensive rules within one year of the bill's passage, including guidelines for customer bill increases, infrastructure upgrade eligibility, notice requirements, filing procedures, and audit mechanisms. The provisions are designed to help utilities address environmental compliance challenges while providing transparency and protecting ratepayers, and the bill includes a sunset provision that will automatically repeal these provisions on January 1, 2031.

Sponsors (1)

Last Action

Referred to Assignments (on 01/28/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...