H.R. 4427 · 114th Congress
To amend section 203 of the Federal Power Act.
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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 114th Congress ended.
R
PompeoSponsor2 cosponsors · 2 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Feb 2, 2016
- House Passed Mar 14, 2016
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).
What it does: CRS summary · Passed House amended · Mar 14, 2016
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend section 203 of the Federal Power Act.
Latest action (Mar 15, 2016): Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
Policy area: Energy · Origin: House · Introduced: Feb 2, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Feb 2, 2016
- House Passed Mar 14, 2016
No recorded floor vote found.