[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[S. 1388 Introduced in Senate (IS)]







105th CONGRESS
  1st Session
                                S. 1388

    To provide relief from unfair interest and penalties on refunds 
   retroactively ordered by the Federal Energy Regulatory Commission.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            November 6, 1997

 Mr. Roberts (for himself and Mr. Brownback) introduced the following 
bill; which was read twice and referred to the Committee on Energy and 
                           Natural Resources.

_______________________________________________________________________

                                 A BILL


 
    To provide relief from unfair interest and penalties on refunds 
   retroactively ordered by the Federal Energy Regulatory Commission.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, That the Natural Gas 
Policy Act of 1978, as amended, is amended by adding the following new 
section:
    ``Sec. 603. In the event any refunds of any rates and charges made, 
demanded, or received for reimbursement of State ad valorem taxes in 
connection with the sale of natural gas prior to 1989 are ordered to be 
made by the Commission, the refunds shall be ordered to be made without 
interest or penalty of any kind.''.
                                 <all>