HB4983 amends the Public Utilities Act to allow large public utilities to expedite the review process for acquiring water or sewer utilities.
HB4983 allows large public utilities to request expedited review from the Illinois Commerce Commission for the acquisition of water or sewer utilities. If the large public utility provides evidence supporting the need for expedited review, the Commission must issue a ruling within 30 days. The bill outlines specific factors that may justify expedited review, such as infrastructure needs or pending environmental violations. If the Commission grants expedited review, it must issue its final order within five months.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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