[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[S. 1068 Introduced in Senate (IS)]







107th CONGRESS
  1st Session
                                S. 1068

  To provide refunds for unjust and unreasonable charges on electric 
                                energy.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             June 20, 2001

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

_______________________________________________________________________

                                 A BILL


 
  To provide refunds for unjust and unreasonable charges on electric 
                                energy.

    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 ``Electricity Gouging Relief Act of 
2001''.

SECTION 2. REFUNDS FOR EXCESSIVE CHARGES.

    Section 206 of the Federal Power Act (16 U.S.C 824e) is amended by 
adding at the end the following:
    ``(e) Refunds for Excessive Charges.--
            ``(1) Notwithstanding any other provision of this section, 
        the Commission shall, within 60 days after enactment of this 
        subsection, order a refund for the portion of charges on the 
        transmission or sale of electric energy that are or have been 
        deemed by the Commission to be unjust or unreasonable. Such 
        refunds shall include interest from the date on which the 
        charges were paid.
            ``(2) The refunds ordered under paragraph (1) shall apply 
        to charges paid between June 1, 2000 and June 19, 2001.''.
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