HR 5252
99th Congress
House
Energy
Government and business
Holding companies
Public utilities
Subsidiary corporations
A bill to clarify the exemptive authority of the Securities and Exchange Commission.
Introduced: July 24, 1986
Introduced by:
Markey, Edward J.
Democratic
· Massachusetts
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 31, 1986
Referred to Subcommittee on Energy Conservation and Power.
Jul 31, 1986
Referred to Subcommittee on Telecommunications, Consumer Protection and Finance.
Jul 24, 1986
Referred to House Committee on Energy and Commerce.
Jul 24, 1986
Introduced in House
Plain-English summary
Amends the Public Utility Holding Company Act of 1935 to direct the Securities and Exchange Commission, on its own or upon application, to exempt from such Act a public utility holding company that has only one subsidiary company which is a natural gas public utility, if: (1) the operations of such subsidiary do not extend beyond the State in which it is organized; (2) the subsidiary was incorporated on or before July 1, 1986, for the express purpose of operating a public utility; and (3) neither the holding company nor the subsidiary is engaged in retail residential or commercial plumbing, heating, electrical, air-conditioning, or related equipment installation or servicing.
What's happening now
Referred to Subcommittee on Energy Conservation and Power.
Committees of jurisdiction
3