3.0.0 509 2019-11-15T21:44:10Z 2022-02-08T17:27:15Z Senate S S 2005-03-03 109 ssaf00 Agriculture, Nutrition, and Forestry Committee Senate Standing Referred to 2005-03-03T19:50:44Z 2005-03-03 ssaf00 Agriculture, Nutrition, and Forestry Committee Senate Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S2015-2017) IntroReferral 2005-03-03 Sponsor introductory remarks on measure. (CR S2014-2015) IntroReferral B00100 9 Library of Congress 2005-03-03 Introduced in Senate IntroReferral 10000 9 Library of Congress F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA N L000261 Sen. Levin, Carl [D-MI] CARL LEVIN D MI MILTON 2005-03-03 True W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR 2005-03-03 True H000206 Sen. Harkin, Tom [D-IA] THOMAS HARKIN D IA RICHARD 2005-03-03 True C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA 2005-03-03 True Energy Administrative procedure Administrative remedies Business records Coal Commerce Commodity Futures Trading Commission Commodity exchanges Consumer protection Contracts Crime and Law Enforcement Department of Energy Discovery (Law) Electric power Electric power transmission Electric utility rates Electronic government information Energy prices Evidence (Law) Federal Energy Regulatory Commission Finance and Financial Sector Fines (Penalties) Fraud Fuel Gas companies Gasoline Government Operations and Politics Government paperwork Government publicity Governmental investigations Heating Independent regulatory commissions Information disclosure (Securities law) Injunctions Law Natural gas Petroleum Public Lands and Natural Resources Public utility regulation Rebates Restrictive trade practices Wholesale trade Energy 00 2005-03-03 Introduced in Senate 2005-04-05T21:35:13Z Energy Markets Improvement Act of 2005 - Amends the Federal Power Act to require the Federal Energy Regulatory Commission (FERC) to promulgate regulations establishing an electronic information system to provide FERC and the public with access to information appropriate to facilitate price transparency and participation in markets subject to its jurisdiction.

Declares it shall be unlawful for any person or entity knowingly to: (1) enter into any contract or other arrangement to execute a round trip trade; or (2) use or employ, in connection with the purchase or sale of electric energy or transmission services subject to FERC jurisdiction, any manipulative or deceptive device or contrivance to affect the price, availability, or reliability of such electric energy or transmission services.

Authorizes revocation of the authority of a public utility to charge market-based rates if FERC finds that the utility has knowingly employed any manipulation, deception, or contrivance in violation of this Act.

Amends the Commodity Exchange Act to bring within its regulatory purview over-the-counter transactions in energy commodities, energy transactions, and electronic energy trading facilities.

Prohibits fraudulent transactions in connection with contracts of sale of any commodity for future delivery or certain other agreements, contracts, or transactions involving excluded or exempt commodities other than securities.

Subjects violations to civil and criminal penalties.

]]> Energy Markets Improvement Act of 2005 Short Titles as Introduced Energy Markets Improvement Act of 2005 Display Title Energy Markets Improvement Act of 2005 Official Title as Introduced A bill to improve the operation of energy markets. Introduced in Senate 2005-03-03T05:00:00Z 2005-03-03 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S2015-2017) 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.