Senator Brian Stewart is co-sponsoring a Senate Resolution urging the United States Congress to return Commonwealth Edison’s (ComEd’s) $200 million fine to the utility’s ratepayers in Illinois.
Senate Resolution 1290 requests that ComEd’s recent fine be returned either through direct payments to ratepayers, or by directing the funds to the Illinois Commerce Commission for distribution to ratepayers.
As residents have come to learn, ComEd is paying a $200 million criminal fine as part of a federal investigation into a years-long bribery scheme in the State involving jobs, contracts, and payments.
The $200 million fine will be deposited in the federal Treasury, and the United States (U.S.) Congress has the ability to direct where those funds are sent.
“Any financial restitution ComEd is required to pay as part of its agreement should go to its customers, the hard-working families of Illinois,” said Stewart.
Copies of Senate Resolution 1290 will be delivered to the U.S. Senate Majority Leader, the U.S. Senate Minority Leader, the U.S. Speaker of the House, the U.S. House of Representatives Minority Leader, and all members of the Illinois Congressional Delegation.