[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[S. 708 Introduced in Senate (IS)]







104th CONGRESS
  1st Session
                                 S. 708

To repeal section 210 of the Public Utility Regulatory Policies Act of 
                                 1978.


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                   IN THE SENATE OF THE UNITED STATES

                April 6 (legislative day, April 5), 1995

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

_______________________________________________________________________

                                 A BILL


 
To repeal section 210 of the Public Utility Regulatory Policies Act of 
                                 1978.

    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 cited as ``The Electric Utility Ratepayer Act''.

SEC. 2. FINDINGS.

    The Congress finds that--
            (1) implementation of section 210 of the Public Utility 
        Regulatory Policies Act of 1978 results in many consumers 
        paying excessive rates for electricity;
            (2) the Energy Policy Act of 1992 gives producers of 
        electricity additional access to the wholesale electric market 
        through transmission access and exemption from the Public 
        Utility Holding Company Act; and
            (3) in light of the increasingly competitive wholesale 
        electric marketplace being brought about by the Energy Policy 
        Act of 1992, there no longer is any justification for section 
        210 of the Public Utility Regulatory Policies Act of 1978.

SEC. 3. REPEAL.

    Section 210 of the Public Utility Regulatory Policies Act of 1978 
(16 U.S.C. 824a-3) is hereby repealed.

SEC. 4. TRANSITION.

    Nothing in this Act abrogates any existing contract.

SEC. 5. EFFECTIVE DATE.

    The provisions of this Act are effective April 7, 1995.
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