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S 822 109th Congress Senate Energy Administrative procedure Alaska Department of Energy Federal Energy Regulatory Commission Finance and Financial Sector Government Operations and Politics Independent regulatory commissions Law Petroleum pipelines Transportation and Public Works Transportation rates Valuation

A bill to prevent the retroactive application of changes to Trans-Alaska Pipeline Quality Bank valuation methodologies.

Introduced: April 15, 2005 Introduced by: Murkowski, Lisa Republican · Alaska See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 15, 2005
Read twice and referred to the Committee on Energy and Natural Resources.
Apr 15, 2005
Sponsor introductory remarks on measure. (CR S3751-3752)
Apr 15, 2005
Introduced in Senate
 Plain-English summary Congressional Research Service

Prohibits the Federal Energy Regulatory Commission from approving any retroactive application of TAPS quality bank valuation methodologies when it reviews Trans-Alaska Pipeline carrier tariffs.

Defines such methodologies as valuation methodologies applied for the purpose of establishing monetary adjustments paid by or to shippers of oil on the Trans-Alaska Pipeline through the operation of a quality bank to compensate for differentials in the value of shippers' oil commingled in the pipeline.

What's happening now April 15, 2005

Read twice and referred to the Committee on Energy and Natural Resources.

 Committees of jurisdiction 1