Amendment sought to replace electricity provisions of the bill.

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Amendment Number
71
Description
Amendment sought to replace electricity provisions of the bill.
Purpose
An amendment numbered 2 printed in House Report 109-49 to authorize FERC to deter and punish fraud and manipulation in electricity and gas markets, increase penalties for Federal Power Act violations, authorizes FERC to refund all electricity overcharges, does not repeal the PUHCA, and directs the SEC to review utility holding companies' status under PUHCA to prevent them from wrongly claiming exemptions. The amendment retains a number of valuable provisions from Title XII, such as "open access" for public power entities, and does not modify the "native load" provisions adopted in the Energy and Commerce Committee. The amendment retains Title XII's electric transmission provision, including the spending caps.
Congress
109
Type
HAMDT
Latest Action Date
Apr 20, 2005
Latest Action Text
On agreeing to the Dingell amendment (A002) Failed by recorded vote: 188 - 243 (Roll no. 123).
Latest Action Time
22:12:10
Submitted Date
Apr 20, 2005
Chamber
House of Representatives
Update Date
Feb 10, 2020
Amendment 71 — Informed