[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 2928 Introduced in Senate (IS)]

113th CONGRESS
  2d Session
                                S. 2928

   To prohibit the Federal Energy Regulatory Commission from issuing 
 certain decisions that will raise costs for ratepayers, and for other 
                               purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           November 13, 2014

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

_______________________________________________________________________

                                 A BILL


 
   To prohibit the Federal Energy Regulatory Commission from issuing 
 certain decisions that will raise costs for ratepayers, 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. PROHIBITION AGAINST CERTAIN FERC DECISIONS THAT WILL RAISE 
              COSTS FOR RATEPAYERS.

    (a) Cost-Benefit Analysis.--Prior to issuing a decision described 
in subsection (b), the Federal Energy Regulatory Commission shall 
publish a cost-benefit analysis of such decision, including the likely 
financial impact of such decision on ratepayers.
    (b) Decisions.--This section applies to any decision by the Federal 
Energy Regulatory Commission that will--
            (1) authorize the creation of a new capacity zone; or
            (2) affect the supply and demand curves or models used to 
        determine prices at points in a capacity zone.
    (c) Prohibition.--If the Federal Energy Regulatory Commission 
determines, through a cost-benefit analysis published under subsection 
(a), that a decision described in subsection (b) will raise costs for 
ratepayers, then the Commission may not issue such decision.
    (d) Effective Date.--This section takes effect on January 1, 2014.
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