SB3497

SB3497 regulates utility expenses, disallows certain advertising and political activities as recoverable costs, and establishes a compensation fund.

SB3497 amends the Public Utilities Act to specify non-recoverable expenses for public utilities, including political advertising, lobbying, and contributions to trade associations. It also disallows certain types of advertising as recoverable costs. The bill mandates contributions to a Consumer Intervenor Compensation Fund by utilities based on their customer base size. This fund compensates consumer interest representatives for their participation in Illinois Commerce Commission proceedings, aiming to enhance public engagement and transparency.