[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 971 Introduced in House (IH)]
107th CONGRESS
1st Session
H. R. 971
To require that payment be guaranteed whenever any supplier of electric
energy is required to sell electric energy to a purchaser under the
emergency authority of section 202(c) of the Federal Power Act, and for
other purposes.
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IN THE HOUSE OF REPRESENTATIVES
March 8, 2001
Mr. Walden of Oregon (for himself, Mr. Simpson, and Mr. Inslee)
introduced the following bill; which was referred to the Committee on
Energy and Commerce
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A BILL
To require that payment be guaranteed whenever any supplier of electric
energy is required to sell electric energy to a purchaser under the
emergency authority of section 202(c) of the Federal Power Act, 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. GUARANTEE OF PAYMENT REQUIRED FOR CERTAIN EMERGENCY POWER
SALES.
Section 202(c) of the Federal Power Act (16 U.S.C. 825(c)) is
amended by adding the following at the end thereof: ``No order may be
issued under this subsection unless the payment of compensation or
reimbursement to the person subject to such order is fully guaranteed
by the United States government or by a State government.''.
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