HR 1101 107th Congress House Energy Administrative procedure Affiliated corporations Business records Commerce Consumer protection Department of Energy Electric utility rates Executive reorganization Federal Energy Regulatory Commission Finance and Financial Sector Gas companies Government Operations and Politics Government paperwork Holding companies Independent regulatory commissions Law Public utility rates Public utility regulation Securities and Exchange Commission

Public Utility Holding Company Act of 2001

Introduced: March 20, 2001 See on congress.gov

Everywhere this bill has been 4 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Apr 16, 2001

Referred to the Subcommittee on Energy and Air Quality.

Mar 20, 2001

Sponsor introductory remarks on measure. (CR E401)

Mar 20, 2001

Referred to the House Committee on Energy and Commerce.

Mar 20, 2001

Introduced in House

Plain-English summary Congressional Research Service

Public Utility Holding Company Act of 2001 - Repeals the Public Utility Holding Company Act of 1935.

Prescribes procedural guidelines for both Federal Energy Regulatory Commission (FERC) and State access to records of a holding company (including subsidiaries, associates, and affiliates) of a public utility or natural gas company.

Instructs FERC to promulgate a final rule to exempt specified holding companies from such access requirements. Requires FERC to exempt any person or transaction from such access requirements if it finds that regulation of such person or transaction is irrelevant to the jurisdictional rates of a public utility or natural gas company.

Retains the jurisdiction of FERC and State commissions to determine whether a public utility company or natural gas company may recover in rates any costs of affiliate transactions.

Declares this Act inapplicable to: (1) the United States; (2) a State or its political subdivision; and (3) a foreign governmental authority not operating in the United States.

Grants FERC certain Federal Power Act enforcement powers.

Amends the Federal Power Act to repeal its conflict of jurisdiction guidelines.

What's happening now April 16, 2001

Referred to the Subcommittee on Energy and Air Quality.

Committees of jurisdiction 2