Amendment in the nature of a substitute sought to replace the language of the bill with the text of the "Federal Response to Energy Emergencies Act of 2005".

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Amendment Number
589
Description
Amendment in the nature of a substitute sought to replace the language of the bill with the text of the "Federal Response to Energy Emergencies Act of 2005".
Purpose
An amendment in the nature of a substitute printed in House Report 109-245 to give explicit authority to the FTC to define price gouging; to preserve the FTC's existing civil penalty authority and authorize new civil penalties of up to three times the amount of unjust profits gained by companies who engage in price gouging; and to increase our nation's refinery capacity by establishing a federal Strategic Refinery Reserve which would build upon the success of the Strategic Petroleum Reserve (SPR) by creating a natural extension of the SPR--a refinery reserve.
Congress
109
Type
HAMDT
Latest Action Date
Oct 7, 2005
Latest Action Text
On agreeing to the Stupak amendment (A001) Failed by recorded vote: 199 - 222 (Roll no. 517).
Latest Action Time
13:31:26
Submitted Date
Oct 7, 2005
Chamber
House of Representatives
Update Date
Dec 5, 2020
Amendment 589 — Informed