UTIL-RATEMAKING & PROFIT House SponsorsRep. Theresa Mah, Elizabeth "Lisa" Hernandez, Dagmara Avelar, Kam Buckner and Lindsey LaPointe 1/7/2025HouseSession Sine Die 220 ILCS 5/1-102from Ch. 111 2/3, par. 1-102220 ILCS 5/9-201from Ch. 111 2/3, par. 9-201220 ILCS 5/16-108.18 Amends the Public Utilities Act. Provides that in a ratemaking proceeding, the Illinois Commerce Commission shall not approve for ratemaking purposes either a cost of equity exceeding 8% unless clear and convincing record evidence demonstrates that a higher return on equity is strictly necessary to prevent an imminent and significant threat of negative credit action that would be expected to increase the cost of service for the utility's ratepayers; or a capital structure comprised of more than 50% common equity unless clear and convincing record evidence demonstrates that a higher equity ratio is strictly necessary to prevent an imminent and significant threat of negative credit action that would be expected to increase the cost of service for the utility's ratepayers. Provides that the Commission shall not treat the utility's interest in offsetting the revenue impact of enforcing either of these limitations as justification for approving or adjusting any other proposed revenues. Makes corresponding changes to the Multi-Year Rate Plan. 2/15/2023HouseFiled with the Clerk by Rep. Theresa Mah 2/15/2023HouseFirst Reading 2/15/2023HouseReferred to Rules Committee 2/23/2023HouseAssigned to Public Utilities Committee 2/23/2023HouseAdded Co-Sponsor Rep. Elizabeth "Lisa" Hernandez 3/2/2023HouseAdded Co-Sponsor Rep. Dagmara Avelar 3/7/2023HouseTo Utilities Subcommittee 3/8/2023HouseAdded Co-Sponsor Rep. Kam Buckner 3/10/2023HouseRule 19(a) / Re-referred to Rules Committee 3/22/2023HouseAdded Co-Sponsor Rep. Lindsey LaPointe 1/7/2025HouseSession Sine Die