S 1860
115th Congress
Senate
Energy
Administrative law and regulatory procedures
Corporate finance and management
Electric power generation and transmission
Federal Energy Regulatory Commission (FERC)
Government information and archives
Public utilities and utility rates
PARs Act
Introduced: September 26, 2017
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 3, 2017
Committee on Energy and Natural Resources Subcommittee on Energy. Hearings held. With printed Hearing: S.Hrg. 115-318.
Sep 26, 2017
Read twice and referred to the Committee on Energy and Natural Resources.
Sep 26, 2017
Introduced in Senate
Plain-English summary
Parity Across Reviews Act or the PARs Act
This bill amends the Federal Power Act with respect to the prohibition regarding mergers or consolidations by a public utility. Any merger or consolidation of a public utility whose value exceeds $10 million must first be authorized by the Federal Energy Regulatory Commission (FERC).
In addition, FERC is required to promulgate a rule within 180 days that mandates any public utility seeking to merge or consolidate to notify FERC, within 30 days of transaction consummation, if the value of such merger or consolidation exceeds $1 million but is less than $10 million.
What's happening now
Committee on Energy and Natural Resources Subcommittee on Energy. Hearings held. With printed Hearing: S.Hrg. 115-318.
Committees of jurisdiction
2
Cosponsors
1