[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 544 Introduced in Senate (IS)]

103d CONGRESS
  1st Session
                                 S. 544

   To amend the Federal Power Act to protect consumers of multistate 
                utility systems, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

               March 10 (legislative day, March 3), 1993

  Mr. Bumpers introduced the following bill; which was read twice and 
       referred to the Committee on Energy and Natural Resources

_______________________________________________________________________

                                 A BILL


 
   To amend the Federal Power Act to protect consumers of multistate 
                utility systems, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be referred to as the ``Multistate Utility Company 
Consumer Protection Act of 1993''.

SEC. 2. AFFILIATE CHARGES.

    (a) Section 205(a) of the Federal Power Act (16 U.S.C. 824d(a)) is 
amended--
            (1) by inserting ``(1)'' immediately after ``(a)''; and
            (2) by adding at the end the following:
    ``(2) Notwithstanding any provision of the Public Utility Holding 
Company Act of 1935, if a public utility engages in a transaction with 
an affiliated company, the Commission shall have the authority to 
review and disallow the costs associated with such transaction for the 
purposes of determining a just and reasonable rate under subsection 
(a)(1).''.
    (b) Section 206(a) of the Federal Power Act (16 U.S.C. 824e(a)) is 
amended--
            (1) by inserting ``(1)'' immediately after ``(a)''; and
            (2) by adding at the end the following:
    ``(2) Notwithstanding any provision of the Public Utility Holding 
Company Act of 1935, if a public utility engages in a transaction with 
an affiliated company, the Commission shall have the authority to 
review and disallow the costs associated with such transaction for the 
purposes of determining a just and reasonable rate under subsection 
(a)(1).''.

                                 <all>