HB2648 Summary

• Appropriates $69,516,000 in total funding to the Illinois Commerce Commission for fiscal year beginning July 1, 2023, from multiple state funds

• Allocates funds from the Public Utility Fund ($32,267,300), Transportation Regulatory Fund ($17,713,200), and Chairman and Commissioner's Office operations

• Appropriates $600,000 from the Illinois Underground Utility Facilities Damage Prevention Fund for a grant to the Statewide One-call Notice System

• Appropriates $10,000,000 from the Public Utility Fund for administration of the Energy Transition Act and $3,000,000 from the Consumer Intervenor Compensation Fund for related costs

• Takes effect July 1, 2023