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S 2928 113th Congress Senate Energy Administrative law and regulatory procedures Electric power generation and transmission Federal Energy Regulatory Commission (FERC) Government studies and investigations Public utilities and utility rates

A bill to prohibit the Federal Energy Regulatory Commission from issuing certain decisions that will raise costs for ratepayers, and for other purposes.

Introduced: November 13, 2014 Introduced by: Schumer, Charles E. Democratic · New York See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 13, 2014
Read twice and referred to the Committee on Energy and Natural Resources.
Nov 13, 2014
Introduced in Senate
 Plain-English summary Congressional Research Service

Requires the Federal Energy Regulatory Commission (FERC) to publish a cost-benefit analysis before issuing any decision that would either: (1) authorize creation of a new capacity zone, or (2) affect the supply and demand curves or models used to determine prices at points in a capacity zone.

Prohibits FERC from issuing any such decision if it determines that such analysis shows that costs will be raised for ratepayers.

Backdates the effective date of this Act to January 1, 2014.

What's happening now November 13, 2014

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

 Committees of jurisdiction 1