[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[S. 626 Introduced in Senate (IS)]







106th CONGRESS
  1st Session
                                 S. 626

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


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                   IN THE SENATE OF THE UNITED STATES

                             March 16, 1999

 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,

SECTION 1. LIABILITY OF CERTAIN NATURAL GAS PRODUCERS.

    The Natural Gas Policy Act of 1978 (15 U.S.C. 3301 et seq.) is 
amended by adding at the end the following:

``SEC. 603. LIABILITY OF CERTAIN NATURAL GAS PRODUCERS.

    ``If the Commission orders any refund of any rate or charge made, 
demanded, or received for reimbursement of State ad valorem taxes in 
connection with the sale of natural gas before 1989, the refund shall 
be ordered to be made without interest or penalty of any kind.''.
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