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IL SB3497
Bill
Status
Introduced
2/5/2026
Primary Sponsor
Suzanne Glowiak Hilton
Click for details
AI Summary
- Prohibits the Illinois Commerce Commission from allowing public utilities to recover expenses for political activity, lobbying, trade association contributions, chamber of commerce contributions, director and officer liability insurance, and fiduciary liability insurance when setting rates.
- Requires the Commission to evaluate whether other types of utility insurance purchases benefit ratepayers or shareholders, with shareholder-benefiting insurance deemed nonrecoverable from customers.
- Makes goodwill or institutional advertising—designed to improve a utility's public image—a nonrecoverable expense that cannot be passed on to ratepayers.
- Classifies utility expenditures for attorneys and technical experts to prepare and litigate general rate cases as nonrecoverable expenses, shifting these costs from ratepayers to utility shareholders.
- Provides that public utility deposits into the Consumer Intervenor Compensation Fund (up to $500,000 per rate case) shall not be recoverable from ratepayers, and caps intervenor compensation at market rates comparable to what utilities pay for their own nonrecoverable rate case expenses.
Legislative Description
UTILITY-RECOVERABLE EXPENSES
Last Action
Added as Co-Sponsor Sen. Napoleon Harris, III
3/5/2026
Committee Referrals
Assignments2/5/2026
Full Bill Text
No bill text available