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HR 1627 108th 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 2003

Introduced: April 3, 2003 See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 10, 2003
Referred to the Subcommittee on Energy and Air Quality.
Apr 3, 2003
Referred to the House Committee on Energy and Commerce.
Apr 3, 2003
Sponsor introductory remarks on measure. (CR S664)
Apr 3, 2003
Introduced in House
 Plain-English summary Congressional Research Service
Public Utility Holding Company Act of 2003 - 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 associate company 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 10, 2003

Referred to the Subcommittee on Energy and Air Quality.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1