Sec. 16-19xx. Deferral of public service company tax expense increase.  


Latest version.
  • Any public service company, as defined in section 16-1, shall be permitted to defer for recovery in its next general rate case any increase in tax expense, pursuant to public act 15-244*, which is not currently authorized in such company's rates.

(June Sp. Sess. P.A. 15-5, S. 468.)

History: June Sp. Sess. P.A. 15-5 effective July 1, 2015.

Notation

*Note: Public act 15-244 is entitled “An Act Concerning the State Budget for the Biennium Ending June 30, 2017, and Making Appropriations Therefor, and Other Provisions Related to Revenue, Deficiency Appropriations and Tax Fairness and Economic Development”. (See Reference Table captioned “Public Acts of 2015” in Volume 16 which lists the sections amended, created or repealed by the act.)