PARs Act
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in senate (Sep 26, 2017)
Parity Across Reviews Act or the PARs Act
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.
What just happenedOct 3, 2017
Committee on Energy and Natural Resources Subcommittee on Energy. Hearings held. With printed Hearing: S.Hrg. 115-318.
Who’s behind it
- Introduced in SenateSep 26, 2017
- Oct 3, 2017Committee
Committee on Energy and Natural Resources Subcommittee on Energy. Hearings held. With printed Hearing: S.Hrg. 115-318.
Energy Subcommittee - Sep 26, 2017IntroReferral
Read twice and referred to the Committee on Energy and Natural Resources.
Energy and Natural Resources Committee - Sep 26, 2017IntroReferral10000
Introduced in Senate