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S. 2633 · 108th Congress

Electricity Gouging Refund Act of 2003

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

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No cosponsors.

Electricity Gouging Refund Act of 2003 - Amends the Federal Power Act to instruct the Federal Energy Regulatory Commission to order a refund (including interest) for that portion of charges on the transmission or sale of electric energy between June 1, 2000, and June 19, 2001, which the Commission finds unjust and unreasonable.

What it does: CRS summary · Introduced in Senate · Jul 8, 2004

Electricity Gouging Refund Act of 2003 - Amends the Federal Power Act to instruct the Federal Energy Regulatory Commission to order a refund (including interest) for that portion of charges on the transmission or sale of electric energy between June 1, 2000, and June 19, 2001, which the Commission finds unjust and unreasonable.

States that the total amount of such refunds shall be not less than $8.9 billion.

Directs the Commission to order the renegotiation of the long-term electricity contracts entered into between the energy companies and the State of California between January 1 and May 31, 2001.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Electricity Gouging Refund Act of 2003

Latest action (Jul 9, 2004): Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 625.

Policy area: Energy · Origin: Senate · Introduced: Jul 8, 2004

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.