[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 400 Introduced in Senate (IS)]

112th CONGRESS
  1st Session
                                 S. 400

  To amend the Federal Power Act to ensure that rates and charges for 
electric energy are assessed in proportion to measurable reliability or 
               economic benefit, and for other purposes.


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                   IN THE SENATE OF THE UNITED STATES

                           February 17, 2011

   Mr. Corker (for himself, Mr. Wyden, Ms. Murkowski, Mr. Burr, Mr. 
  Graham, Mr. Chambliss, and Mr. Lee) introduced the following bill; 
   which was read twice and referred to the Committee on Energy and 
                           Natural Resources

_______________________________________________________________________

                                 A BILL


 
  To amend the Federal Power Act to ensure that rates and charges for 
electric energy are assessed in proportion to measurable reliability or 
               economic benefit, 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. ALLOCATION OF RATES OR CHARGES FOR ELECTRIC ENERGY.

    Section 205 of the Federal Power Act (16 U.S.C. 824d) is amended--
            (1) by striking the section heading and all that follows 
        through ``(a) All'' and inserting the following:

``SEC. 205. RATES AND CHARGES.

    ``(a) In General.--
            ``(1) Requirement.--Subject to paragraph (2), all''; and
            (2) by adding at the end the following:
            ``(2) Allocation.--No rate or charge for or in connection 
        with the transmission of electric energy contained in any 
        filing made under subsection (c) or any proceeding initiated 
        under section 206(a) after June 17, 2010, shall be considered 
        just and reasonable unless the rate or charge is based on an 
        allocation of costs for new transmission facilities that is 
        reasonably proportionate to measurable economic or reliability 
        benefits projected, as determined by the Commission, to accrue 
        to the 1 or more persons that pay the rate or charge.''.
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