Illinois 104th General Assembly Status: Introduced 11 D cosponsors

SB3497      — UTILITY-RECOVERABLE EXPENSES

Last action — Added as Co-Sponsor Sen. Mike Simmons

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced February 05, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

The bill restricts which expenses public utilities can recover from ratepayers.

This bill amends the Public Utilities Act to specify that certain expenses, like political activities and some insurance costs, cannot be charged to public utility customers. It also outlines guidelines for the Illinois Commerce Commission to evaluate other insurance expenses.

Summary

Amends the Public Utilities Act. In provisions concerning expenses that are recoverable by a public utility, provides that the Illinois Commerce Commission shall not consider as an expense of any public utility company, for the purpose of determining any rate or charge, any amount expended for political activity or lobbying, any amount expended for contributions to a trade association or a chamber of commerce, and any amount expended by a public utility for director and officer liability insurance and fiduciary liability insurance. Provides that, in determining whether the purchase of other types of insurance by a public utility is recoverable, the Commission shall determine whether the specific type of insurance is financially beneficial to the public utility's ratepayers or the public utility's shareholders. Provides that, if the Commission determines that the insurance purchased by the public utility is financially beneficial to its shareholders, then the purchase of the insurance shall not be a recoverable expense. Provides that goodwill or institutional advertising shall not be a recoverable expense by a public utility. Provides that the Commission shall deem as a nonrecoverable expense by a public utility (rather than the Commission shall specifically assess the justness and reasonableness of) any amount expended by a public utility to compensate attorneys or technical experts to prepare and litigate a general rate case filing. Provides that the amount that is deposited into the Consumer Intervenor Compensation Fund by a public utility shall not be a recoverable expense by the public utility. Provides that the computation of compensation awarded from the Fund shall take into consideration the market rates paid to persons of comparable training and experience who offer similar services, but may not exceed the comparable market rate for services paid by the public utility as part of its nonrecoverable rate case expense reported to the Commission (rather than as part of its rate case expense). Makes other changes.

Bill Text

We don't have the full text on file for this bill yet.

Read SB3497 on the official Illinois source →

Action History

  1. Added as Co-Sponsor Sen. Mike Simmons

  2. Rule 3-9(a) / Re-referred to Assignments

  3. Added as Co-Sponsor Sen. Mary Edly-Allen

  4. Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026

  5. Postponed - Executive

  6. Rule 2-10 Committee Deadline Established As April 24, 2026

  7. Added as Co-Sponsor Sen. Doris Turner

  8. Assigned to Executive

  9. Rule 2-10 Committee Deadline Established As March 27, 2026

  10. Added as Co-Sponsor Sen. Napoleon Harris III

  11. Added as Co-Sponsor Sen. Linda Holmes

  12. Added as Co-Sponsor Sen. Laura M. Murphy

  13. Added as Co-Sponsor Sen. Rachel Ventura

  14. Added as Co-Sponsor Sen. Graciela Guzmán

  15. Added as Chief Co-Sponsor Sen. Cristina Castro

  16. Added as Co-Sponsor Sen. Laura Fine

  17. Referred to Assignments

  18. First Reading

  19. Filed with Secretary by Sen. Suzy Glowiak Hilton

Sponsors

Sponsorship breakdown

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1 sponsors · 10 co-sponsors · 172 not signed on

Sponsors (1)

Co-sponsors (10)

Not signed on (172)

172 members have not signed on to this bill.

Show all 172 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

public-safety finance technology energy
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB3497      do?
Amends the Public Utilities Act. In provisions concerning expenses that are recoverable by a public utility, provides that the Illinois Commerce Commission shall not consider as an expense of any public utility company, for the purpose of determining any rate or charge, any amount expended for political activity or lobbying, any amount expended for contributions to a trade association or a chamber of commerce, and any amount expended by a public utility for director and officer liability insurance and fiduciary liability insurance. Provides that, in determining whether the purchase of other types of insurance by a public utility is recoverable, the Commission shall determine whether the specific type of insurance is financially beneficial to the public utility's ratepayers or the public utility's shareholders. Provides that, if the Commission determines that the insurance purchased by the public utility is financially beneficial to its shareholders, then the purchase of the insurance shall not be a recoverable expense. Provides that goodwill or institutional advertising shall not be a recoverable expense by a public utility. Provides that the Commission shall deem as a nonrecoverable expense by a public utility (rather than the Commission shall specifically assess the justness and reasonableness of) any amount expended by a public utility to compensate attorneys or technical experts to prepare and litigate a general rate case filing. Provides that the amount that is deposited into the Consumer Intervenor Compensation Fund by a public utility shall not be a recoverable expense by the public utility. Provides that the computation of compensation awarded from the Fund shall take into consideration the market rates paid to persons of comparable training and experience who offer similar services, but may not exceed the comparable market rate for services paid by the public utility as part of its nonrecoverable rate case expense reported to the Commission (rather than as part of its rate case expense). Makes other changes.
Who sponsors SB3497     ?
SB3497      is sponsored by Suzy Glowiak Hilton (Democrat), Cristina Castro (Democrat), Laura Fine (Democrat), Graciela Guzmán (Democrat), Rachel Ventura (Democrat), Laura M. Murphy (Democrat), Linda Holmes (Democrat), Napoleon Harris III (Democrat), Doris Turner (Democrat), Mary Edly-Allen (Democrat), and Mike Simmons (Democrat).
What is the current status of SB3497     ?
This bill has been introduced in the Senate. Introduced February 05, 2026. It must pass committee before a floor vote.
Where can I track SB3497     ?
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