Public Utility Holding Company Act of 2003
Official title: To repeal the Public Utility Holding Company Act of 1935, to enact the Public Utility Holding Company Act of 1999, and for other purposes.
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Referred to the Subcommittee on Energy and Air Quality.
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.
- Introduced in House Formatted Text PDF
Cite this page
U.S. Congress. (2026). H.R. 1627: Public Utility Holding Company Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-1627/
"H.R. 1627: Public Utility Holding Company Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-1627/.
H.R. 1627, 108th Cong. (2026), https://openamerica.io/bill/108-HR-1627/.
[H.R. 1627: Public Utility Holding Company Act of 2003](https://openamerica.io/bill/108-HR-1627/)