HB3952 Summary

• Amends the University of Illinois Act to extend deadlines for the Government Finance Research Center to issue water rates reports: Lake Michigan service area report due December 1, 2022 (previously December 1, 2020) and remainder of Illinois report due December 1, 2023 (previously December 1, 2021).

• Extends the repeal date of the water rates reporting requirement from January 1, 2022 to January 1, 2024.

• Requires the report to evaluate water rate-setting practices and provide recommendations on policy and regulatory needs, covering components of water bills, rate increases, affordability definitions, inappropriate rate-setting practices, and equity challenges in disadvantaged communities.

• Establishes an advisory committee composed of state agency directors, utility representatives, and advocacy organization members to guide report development and provide public comment opportunities.

• Takes effect immediately upon becoming law.