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Public Utility Holding Company Act of 2001

Introduced: January 30, 2001 See on congress.gov
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 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 9, 2001
Placed on Senate Legislative Calendar under General Orders. Calendar No. 36.
May 9, 2001
Committee on Banking, Housing, and Urban Affairs. Reported by Senator Gramm with an amendment in the nature of a substitute. With written report No. 107-15. Additional views filed.
Apr 24, 2001
Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Mar 29, 2001
Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities and Investment. Hearings held. With printed Hearing: S.Hrg. 107-279.
Jan 30, 2001
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S710-712)
Jan 30, 2001
Sponsor introductory remarks on measure. (CR S710)
Jan 30, 2001
Introduced in Senate
 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 May 9, 2001

Placed on Senate Legislative Calendar under General Orders. Calendar No. 36.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1