3.0.0 498 2020-01-29T20:28:07Z 2020-01-29T20:28:07Z Senate S S 2005-03-02 109 sseg00 Energy and Natural Resources Committee Senate Standing Referred to 2005-03-02T23:43:03Z 2005-03-02 sseg00 Energy and Natural Resources Committee Senate Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S1946-1950) IntroReferral 2005-03-02 Introduced in Senate IntroReferral 10000 9 Library of Congress B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze N L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA 2005-03-02 True L000447 Sen. Lott, Trent [R-MS] CHESTER LOTT R MS TRENT 2005-03-02 True C000567 Sen. Cochran, Thad [R-MS] Thad Cochran R MS 2005-03-03 False C000286 Sen. Chambliss, Saxby [R-GA] SAXBY CHAMBLISS R GA 2005-03-14 False I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2005-04-05 False Energy Administrative procedure Administrative remedies Canada Capital investments Commerce Depreciation and amortization Electric power production Electric power transmission Electric utilities Electric utility rates Energy efficiency Federal Energy Regulatory Commission Federal advisory bodies Foreign Trade and International Finance Government Operations and Politics Income tax Independent regulatory commissions Infrastructure International Affairs Interstate commerce Latin America Law Mexico Standards Tax deductions Taxation Trade negotiations Water Resources Development Water supply Energy 00 2005-03-02 Introduced in Senate 2005-03-29T20:40:47Z Interstate Transmission Act of 2005 - Amends the Federal Power Act to direct the Federal Energy Regulatory Commission (FERC) to: (1) establish incentive-based rate treatments for the transmission of electric energy in interstate commerce by any public utility in order to ensure reliability and to decrease the cost of delivered power by reducing transmission congestion; and (2) provide for incentives to each transmitting utility or electric utility that joins a Regional Transmission Organization (RTO) or Independent System Operator.

Prescribes guidelines for open nondiscriminatory access by unregulated transmitting utilities.

Prohibits FERC from requiring an unregulated transmitting utility to transfer control or operational control of its transmitting facilities to an RTO or any other Commission-approved independent transmission organization designated to provide nondiscriminatory transmission access.

Amends the Internal Revenue Code to treat electric transmission property treated as 15-year property.

Repeals the requirement for FERC prior authorization of the disposition of public utility facilities.

Grants FERC jurisdiction over Electric Reliability Organizations certified by FERC to establish and enforce reliability standards for the bulk-power system.

Exempts Hawaii and Alaska from application of this Act.

Prescribes guidelines governing the obligations of electric utilities to provide electric service to either end-users or to a distribution utility (native load service obligation).

Specifies conditions under which FERC is required to approve a voluntary transmission pricing plan containing criteria for determining the person or persons that will be required to pay for any construction of new transmission facilities or expansion, modification or upgrade of transmission facilities, or new generator interconnection.

Authorizes FERC to promote voluntary development of regional transmission organizations, independent transmission providers, and similar organizations in order to enhance electric energy transmission in interstate commerce.

]]> Interstate Transmission Act of 2005 Short Titles as Introduced Interstate Transmission Act of 2005 Display Title Interstate Transmission Act of 2005 Official Title as Introduced A bill to provide for expansion of electricity transmission networks in order to support competitive electricity markets, to ensure reliability of electric service, to modernize regulation and for other purposes. Introduced in Senate 2005-03-02T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s498is/xml/BILLS-109s498is.xml 2005-03-02 Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S1946-1950) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.