[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[S. 2494 Introduced in Senate (IS)]

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114th CONGRESS
  2d Session
                                S. 2494

  To amend the Federal Power Act to provide that any inaction by the 
 Federal Energy Regulatory Commission that allows a rate change to go 
into effect shall be treated as an order by the Commission for purposes 
                     of rehearing and court review.


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                   IN THE SENATE OF THE UNITED STATES

                            February 3, 2016

Mr. Markey (for himself and Ms. Warren) introduced the following bill; 
   which was read twice and referred to the Committee on Energy and 
                           Natural Resources

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                                 A BILL


 
  To amend the Federal Power Act to provide that any inaction by the 
 Federal Energy Regulatory Commission that allows a rate change to go 
into effect shall be treated as an order by the Commission for purposes 
                     of rehearing and court review.

    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 ``Fair Ratepayer Accountability, 
Transparency, and Efficiency Standards Act'' or the ``Fair RATES Act''.

SEC. 2. AMENDMENT TO THE FEDERAL POWER ACT.

    Section 205(d) of the Federal Power Act (16 U.S.C. 824d(d)) is 
amended by adding at the end the following: ``Any absence of action by 
the Commission that allows a change to take effect under this section 
(including the Commission allowing the 60 days of notice provided under 
this section to expire without Commission action) shall be considered 
to be an order issued by the Commission accepting the change for 
purposes of section 313.''.
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