[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1941 Introduced in House (IH)]







107th CONGRESS
  1st Session
                                H. R. 1941

To amend the Federal Power Act to provide the Federal Energy Regulatory 
 Commission with authority to order certain refunds of electric rates, 
                        and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 22, 2001

Mr. Ose (for himself and Mr. Horn) introduced the following bill; which 
          was referred to the Committee on Energy and Commerce

_______________________________________________________________________

                                 A BILL


 
To amend the Federal Power Act to provide the Federal Energy Regulatory 
 Commission with authority to order certain refunds of electric rates, 
                        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 cited as the ``Electric Refund Fairness Act of 
2001''.

SEC. 2. WHOLESALE RATE REFUND AUTHORITY.

    Section 206(b) of the Federal Power Act (16 U.S.C. 824e(b)) is 
amended as follows:
            (1) In the second sentence, strike ``shall not be earlier 
        than the date 60 days after the filing of such complaint nor 
        later than 5 months after the expiration of such 60-day 
        period'' and insert ``shall be the date of the filing of such 
        complaint''.
            (2) In the third sentence, strike ``shall not be earlier 
        than the date 60 days after the publication by the Commission 
        of notice of its intention to initiate such proceeding nor 
        later than 5 months after the expiration of such 60-day 
        period'' and insert ``shall be the date of publication by the 
        Commission of notice of its intention to initiate such 
        proceeding''.
            (3) Beginning in the seventh sentence, strike ``through a 
        date fifteen months after such refund effective date'' and all 
        that follows down through ``prior to the conclusion of the 
        proceeding'' and insert ``through the conclusion of the 
        proceeding''.
            (4) In the last sentence, after ``interest'' insert ``and 
        any penalties the Commission deems appropriate''.
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