Home > 106th Congressional Bills > S. 682 (is) To implement the Hague Convention on Protection of Children and Co- operation in Respect of Intercountry Adoption, and for other purposes. [Introduced in Senate] ...

S. 682 (is) To implement the Hague Convention on Protection of Children and Co- operation in Respect of Intercountry Adoption, and for other purposes. [Introduced in Senate] ...


Google
 
Web GovRecords.org








108th CONGRESS
  1st Session
                                 S. 681

 To provide for the enhanced protection of electricity consumers under 
                         the Federal Power Act.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 21, 2003

  Ms. Cantwell (for herself and Mrs. Murray) introduced the following 
bill; which was read twice and referred to the Committee on Energy and 
                           Natural Resources

_______________________________________________________________________

                                 A BILL


 
 To provide for the enhanced protection of electricity consumers under 
                         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. SHORT TITLE.

    This Act may be cited as ``The Electricity Market Manipulation 
Prevention Act''.

SEC. 2. MARKET-BASED RATES.

    Section 205 of the Federal Power Act (16 U.S.C. 824d) is amended by 
adding at the end the following:
    ``(g) Market-Based Rates.--
            ``(1) In general.--For each public utility granted the 
        authority by the Commission to sell wholesale electric energy 
        at market-based rates, the Commission shall review, at least 
        annually, the characteristics of each market in which the 
        public utility is authorized to sell wholesale electric energy 
        at market-based rates to determine whether sales by the public 
        utility in that market are subject to effective competition.
            ``(2) No effective competition.--On determining that sales 
        in a market by a public utility are not subject to effective 
        competition, the Commission shall issue an order immediately 
        revoking the authority of the public utility to sell wholesale 
        electric energy at market-based rates in that market.
            ``(3) Condition.--In each authorization to a public utility 
        to sell wholesale electric energy at market-based rates, the 
        Commission shall include a condition requiring the public 
        utility to notify the Commission promptly of any change in any 
        characteristic of the market that the Commission relied on in 
        granting the authority.''.

SEC. 3. REMEDIES.

    Section 206 of the Federal Power Act (16 U.S.C. 824e) is amended by 
adding at the end the following:
    ``(d) Market-Based Rates.--The Commission shall issue an order 
immediately revoking or modifying the authority of a public utility to 
sell electric energy at market-based rates if, after a hearing had upon 
its own motion or upon complaint, the Commission finds that--
            ``(1) a rate charged by the public utility authorized to 
        sell electric energy at market-based rates in a wholesale 
        electric energy market is unjust, unreasonable, unduly 
        discriminatory or preferential;
            ``(2) the public utility has intentionally engaged in an 
        activity in a wholesale electric energy market that violates 
        any rule, tariff, or order of the Commission; or
            ``(3) the public utility has engaged in or attempted to 
        engage in fraudulent, manipulative, or deceptive activity in a 
        wholesale electric energy market.
    ``(e) Fraudulent, Manipulative, or Deceptive Activities.--
Notwithstanding subsection (a), if the Commission finds that a public 
utility has engaged in or attempted to engage in a fraudulent, 
manipulative, or deceptive activity in a wholesale electric energy 
market, the Commission shall--
            ``(1) establish the just and reasonable rate for all 
        prospective sales subject to the jurisdiction of the Commission 
        made by the public utility; and
            ``(2) require the public utility to refund any revenues 
        collected in excess of the average wholesale power cost of 
        service within the regional power market for the period in 
        which the public utility engaged in the activity.
    ``(f) Public Interest Standard.--
            ``(1) In general.--Except as provided in paragraph (2), the 
        Commission shall not apply the public interest standard in a 
        proceeding under this section for review of a transaction 
        executed at market-based rates.
            ``(2) No effective competition.--If the public interest 
        standard is explicitly contained in the contract at issue in a 
        proceeding described in paragraph (1), the Commission shall 
        apply the public interest standard in the proceeding unless the 
        Commission finds that the contract was not subject to effective 
        competition.''.
                                 <all>

Pages: 1

Other Popular 106th Congressional Bills Documents:

1 S. 2720 (pcs) Making appropriations for the Department of Transportation and related agencies for the fiscal year ending September 30, 2001, and for other purposes. [Placed on Calendar Senate] ...
2 S. 2881 (is) To update an existing Bureau of Reclamation program by amending the Small Reclamation Projects Act of 1956, to establish a partnership program in the Bureau of Reclamation for small reclamation projects, and for other purposes. [Introduced in...
3 H.R. 4576 (pcs) Making appropriations for the Department of Defense for the fiscal year ending September 30, 2001, and for other purposes. [Placed on Calendar Senate] ...
4 S. 1715 (is) To provide for an interim census of Americans residing abroad, and to require that such individuals be included in the 2010 decennial census. [Introduced in Senate] ...
5 S. 624 (enr) To authorize construction of the Fort Peck Reservation Rural Water System in the State of Montana, and for other purposes. [Enrolled bill] ...
6 S. 1693 (ris) To protect the Social Security surplus by requiring a sequester to eliminate any deficit. [Referral Instructions Senate] ...
7 H.R. 782 (enr) To amend the Older Americans Act of 1965 to extend authorizations of appropriations for programs under the Act, to modernize programs and services for older individuals, and for other purposes. [Enrolled bill] ...
8 S. 3230 (cps) To reauthorize the authority for the Secretary of Agriculture to pay costs associated with removal of commodities that pose a health or safety risk and to make adjustments to certain child nutrition programs. [Considered and Passed Senate] %...
9 S. 3155 (is) To authorize the President to award a gold medal on behalf of the Congress to Oskar Schindler and Varian Fry in recognition of their contributions to the Nation and humanity. [Introduced in Senate] ...
10 H.R. 1034 (rh) To declare a portion of the James River and Kanawha Canal in Richmond, Virginia, to be nonnavigable waters of the United States for purposes of title 46, United States Code, and the other maritime laws of the United States. [Reported in Hou...
11 H.Con.Res. 247 (ih) Expressing the sense of Congress regarding the importance of organ, tissue, bone marrow, and blood donation and supporting National Donor Day. [Introduced in House] ...
12 H.R. 1680 (ih) To provide for the conveyance of Forest Service property in Kern County, California, in exchange for county lands suitable for inclusion in Sequoia National Forest. [Introduced in House] ...
13 S. 1597 (is) To amend the Internal Revenue Code of 1986 to provide enhanced tax incentives for charitable giving, and for other purposes. [Introduced in Senate] ...
14 H.R. 68 (rh) To amend section 20 of the Small Business Act and make technical corrections in title III of the Small Business Investment Act. [Reported in House] ...
15 H.R. 606 (ih) To amend titles 5, 10, and 38, United States Code, to make improvements [Introduced in House] ...
16 H.Con.Res. 327 (rfs) Honoring the service and sacrifice during periods of war by members of the United States merchant marine. [Referred in Senate] ...
17 H.R. 4846 (pcs) To establish the National Recording Registry in the Library of Congress to maintain and preserve sound recordings that are culturally, historically, or aesthetically significant, and for other purposes. [Placed on Calendar Senate] %%Filena...
18 H.R. 690 (ih) To amend title 38, United States Code, to add bronchiolo-alveolar carcinoma to the list of diseases presumed to be service-connected for certain radiation-exposed veterans. [Introduced in House] ...
19 S. 3062 (rs) To modify the date on which the Mayor of the District of Columbia submits a performance accountability plan to Congress, and for other purposes. [Reported in Senate] ...
20 H.R. 435 (eh) To make miscellaneous and technical changes to various trade laws, and for other purposes. Entry number Date of entry Port [Engrossed in House] ...
21 H.R. 462 (ih) To clarify that governmental pension plans of the possessions of the United States shall be treated in the same manner as State pension plans for purposes of the limitation on the State income taxation of pension income. [Introduced in House...
22 H.R. 4365 (eas) [Engrossed Amendment Senate] ...
23 H.R. 5302 (eh) To designate the United States courthouse located at 1010 Fifth Avenue in Seattle, Washington, as the ``William Kenzo Nakamura United States Courthouse''. [Engrossed in House] ...
24 H.R. 3615 (rh2) To amend the Rural Electrification Act of 1936 to ensure improved access to the signals of local television stations by multichannel video providers to all households which desire such service in unserved and underserved rural areas by Dec...
25 H.Res. 376 (eh) [Engrossed in House] ...
26 H.R. 1702 (ih) To amend title 18, United States Code, to ban using the Internet to obtain or dispose of a firearm. [Introduced in House] ...
27 H.R. 2924 (ih) To require unregulated hedge funds to submit regular reports to the Board of Governors of the Federal Reserve System, to make such reports available to the public to the extent required by regulations prescribed by the Board, and for other...
28 H.Res. 280 (eh) [Engrossed in House] ...
29 S. 416 (rh) To direct the Secretary of Agriculture to convey to the city of Sisters, Oregon, a certain parcel of land for use in connection with a sewage treatment facility. [Reported in House] ...
30 H.R. 3081 (rh) To increase the Federal minimum wage and to amend the Internal Revenue [Reported in House] ...


Other Documents:

106th Congressional Bills Records and Documents

GovRecords.org presents information on various agencies of the United States Government. Even though all information is believed to be credible and accurate, no guarantees are made on the complete accuracy of our government records archive. Care should be taken to verify the information presented by responsible parties. Please see our reference page for congressional, presidential, and judicial branch contact information. GovRecords.org values visitor privacy. Please see the privacy page for more information.
House Rules:

104th House Rules
105th House Rules
106th House Rules

Congressional Bills:

104th Congressional Bills
105th Congressional Bills
106th Congressional Bills
107th Congressional Bills
108th Congressional Bills

Supreme Court Decisions

Supreme Court Decisions

Additional

1995 Privacy Act Documents
1997 Privacy Act Documents
1994 Unified Agenda
2004 Unified Agenda

Congressional Documents:

104th Congressional Documents
105th Congressional Documents
106th Congressional Documents
107th Congressional Documents
108th Congressional Documents

Congressional Directory:

105th Congressional Directory
106th Congressional Directory
107th Congressional Directory
108th Congressional Directory

Public Laws:

104th Congressional Public Laws
105th Congressional Public Laws
106th Congressional Public Laws
107th Congressional Public Laws
108th Congressional Public Laws

Presidential Records

1994 Presidential Documents
1995 Presidential Documents
1996 Presidential Documents
1997 Presidential Documents
1998 Presidential Documents
1999 Presidential Documents
2000 Presidential Documents
2001 Presidential Documents
2002 Presidential Documents
2003 Presidential Documents
2004 Presidential Documents

Home Executive Judicial Legislative Additional Reference About Privacy