[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4427 Engrossed in House (EH)]

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114th CONGRESS
  2d Session
                                H. R. 4427

_______________________________________________________________________

                                 AN ACT


 
             To amend section 203 of the Federal Power Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. CLARIFICATION OF FACILITY MERGER AUTHORIZATION.

    Section 203(a)(1)(B) of the Federal Power Act (16 U.S.C. 
824b(a)(1)(B)) is amended by striking ``such facilities or any part 
thereof'' and inserting ``such facilities, or any part thereof, of a 
value in excess of $10,000,000''.

SEC. 2. NOTIFICATION FOR CERTAIN TRANSACTIONS.

    Section 203(a) of the Federal Power Act (16 U.S.C. 824b(a)) is 
amended by adding at the end the following new paragraph:
            ``(7)(A) Not later than 180 days after the date of 
        enactment of this paragraph, the Commission shall promulgate a 
        rule requiring any public utility that is seeking to merge or 
        consolidate, directly or indirectly, its facilities subject to 
        the jurisdiction of the Commission, or any part thereof, with 
        those of any other person, to notify the Commission of such 
        transaction not later than 30 days after the date on which the 
        transaction is consummated if--
                    ``(i) such facilities, or any part thereof, are of 
                a value in excess of $1,000,000; and
                    ``(ii) such public utility is not required to 
                secure an order of the Commission under paragraph 
                (1)(B).
            ``(B) In establishing any notification requirement under 
        subparagraph (A), the Commission shall, to the maximum extent 
        practicable, minimize the paperwork burden resulting from the 
        collection of information.''.

SEC. 3. EFFECTIVE DATE.

    The amendment made by section 1 shall take effect 180 days after 
the date of enactment of this Act.

            Passed the House of Representatives March 14, 2016.

            Attest:

                                                                 Clerk.
114th CONGRESS

  2d Session

                               H. R. 4427

_______________________________________________________________________

                                 AN ACT

             To amend section 203 of the Federal Power Act.