AUTHORITY: Implementing Section 5-102 and authorized by Section 10-101 of the Public Utilities Act [220 ILCS 5/5-102 and 10-101].ILLINOIS COMMERCE COMMISSION
a) In Paragraph C(1) of Accounting Instruction 34, "Operating Income – Income Taxes," delete "Certain regulatory bodies have required" and replace with "The Commission requires" in the first sentence. In the second sentence of Paragraph C(1), delete "They have" and replace with "It has."
b) In Paragraph C(2) of Accounting Instruction 34, delete the second sentence.