3.0.0 864 2023-01-11T19:46:07Z 2023-01-11T19:46:07Z Senate S S 2007-03-13 110 sseg00 Energy and Natural Resources Committee Senate Standing Referred to 2007-03-13T22:12:05Z 2007-03-13 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 S3074-3075) IntroReferral 2007-03-13 Sponsor introductory remarks on measure. (CR S3073-3074) IntroReferral B00100 9 Library of Congress 2007-03-13 Introduced in Senate IntroReferral 10000 9 Library of Congress B001066 Sen. Bunning, Jim [R-KY] JIM BUNNING R KY N M000355 Sen. McConnell, Mitch [R-KY] Mitch McConnell R KY 2007-03-13 True Energy Commerce Congress Congressional investigations Congressional reporting requirements Corporate finance Cost effectiveness Debt Department of Energy Electric power distribution Electric power transmission Electric utility rates Federal Energy Regulatory Commission Finance and Financial Sector Government Operations and Politics Government corporations Independent regulatory commissions Power marketing administrations Privatization Tennessee Valley Authority Energy 00 2007-03-13 Introduced in Senate 2007-04-18T15:18:14Z Access to Competitive Power Act of 2007 - Amends the Federal Power Act to authorize the Federal Energy Regulatory Commission (FERC) to order transmission service by the administrator or board of directors of the Bonneville, Southeastern, Western Area, and Southwestern Power Administrations, and the Tennessee Valley Authority (TVA).

Grants FERC jurisdiction over the rates, terms, and conditions of TVA's provision of transmission service in interstate commerce.

Requires the TVA Board of Directors to file with FERC an open access transmission tariff containing just, reasonable, and not unduly preferential or discriminatory rates, terms, and conditions.

Prohibits certain territory-restricted electric utilities from recovering stranded costs associated with the provision of transmission services to a distributor.

Authorizes distributors which, by December 31, 2006, gave notice of termination of a power supply contract with a territory-restricted electric utility (such as TVA) to negotiate partial requirements services with such utility, as well as receive sufficient transmission services. Allows such distributors also to elect to rescind a termination notice without imposition of a reintegration or similar fee.

Authorizes distributors that did not give a termination notice by such date to receive partial requirements services from any such utility, subject to specified requirements.

Allows a distributor receiving any electric service or power from at least two generators to elect to retain it regardless of whether an applicable contract, or portion of it, has been terminated.

Directs the Comptroller General to study and report to Congress on: (1) the costs, benefits, and other effects of privatizing the TVA; and (2) the TVA's financial structure, as well as the amount of debt it holds.

]]> Access to Competitive Power Act of 2007 Official Title as Introduced A bill to amend the Federal Power Act to clarify the jurisdiction of the Federal Energy Regulatory Commission, and for other purposes. Introduced in Senate IS Display Title Access to Competitive Power Act of 2007 Short Titles as Introduced Access to Competitive Power Act of 2007 Introduced in Senate 2007-03-13T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s864is/xml/BILLS-110s864is.xml 2007-03-13 Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S3074-3075) 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.