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1
SENATE RESOLUTION

  
 
2    WHEREAS, The Ameren Transmission Company (ATXI) has 
3proposed to build a
345,000-volt transmission line across the 
4State of Illinois, from Palmyra, Missouri to
Sugar Creek, 
5Indiana; and
  
 
6    WHEREAS, This project is only one of many more planned 
7throughout Illinois
and the nation by numerous energy 
8companies; and
  
 
9    WHEREAS, The ATXI project is the direct result of actions 
10taken by the Federal
Energy Regulatory Commission (FERC) to 
11guarantee a 12.38% rate of return on equity
for installing 
12transmission lines; and
  
 
13    WHEREAS, A 12.38% guaranteed rate of return on such 
14investments is
irresponsible, outlandish, and unrealistic for 
15Illinois consumers to be required to pay for a
public utility; 
16and
  
 
17    WHEREAS, FERC's extraordinary guaranteed rate of return on 
18equity creates a
disincentive to build cheap, efficient, and 
19reliable energy transmission capacity; and
 
20    WHEREAS, FERC's standards encourage ATXI and similar 
 
 
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1companies to build
infrastructure that is unnecessarily costly 
2and, in some cases, completely unneeded; and
  
 
3    WHEREAS, Members of Congress from other states have called 
4for closer
scrutiny and consideration of these excessive 
5policies from the Federal Energy
Regulatory Commission; 
6therefore, be it
  
 
7    RESOLVED, BY THE SENATE OF THE NINETY-EIGHTH GENERAL 
8ASSEMBLY OF THE STATE OF ILLINOIS, that we urge the members of 
9the Illinois congressional delegation to join their 
10congressional colleagues from other states in
demanding an 
11immediate investigation of these policies established by the 
12Federal
Energy Regulatory Commission; and be it further
  
 
13    RESOLVED, That suitable copies of this resolution be 
14delivered to each member of the
Illinois congressional 
15delegation, the Federal Energy Regulatory Commission, and the

16Illinois Commerce Commission.