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United States · Bill · HR

H.R. 1038 (113th)

Public Power Risk Management Act of 2013

referredUnited States· United States Congress· EN

Introduced

11 March 2013

Last action

13 June 2013 · Introduced

Status

Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Sponsors

Rep. LaMalfa, Doug [R-CA-1], Rep. Denham, Jeff [R-CA-10], Rep. Luetkemeyer, Blaine [R-MO-3], Rep. Costa, Jim [D-CA-21], Rep. Garamendi, John [D-CA-8], Rep. Michaud, Michael H. [D-ME-2], David Scott, Rep. Ribble, Reid J. [R-WI-8], Rep. Vargas, Juan [D-CA-52], Rep. Conaway, K. Michael [R-TX-11], Rep. McNerney, Jerry [D-CA-9], Rep. Scott, Austin [R-GA-8], Rep. Benishek, Dan [R-MI-1], Rep. Honda, Michael M. [D-CA-15], Rep. Hastings, Doc [R-WA-4], Rep. DelBene, Suzan K. [D-WA-1], Rep. Yoho, Ted S. [R-FL-3], Rep. Tipton, Scott R. [R-CO-3], Rep. Ross, Dennis A. [R-FL-15], Rep. Grayson, Alan [D-FL-9], Rep. Jones, Walter B., Jr. [R-NC-3], Rep. Crawford, Eric A. "Rick" [R-AR-1], Rep. Griffin, Tim [R-AR-2], Rep. Hanna, Richard L. [R-NY-22], Rep. Lee, Barbara [D-CA-12], Rep. Sherman, Brad [D-CA-32], Rep. Gibbs, Bob [R-OH-7], Rep. Cárdenas, Tony [D-CA-29], Rep. McClintock, Tom [R-CA-5], Rep. DeFazio, Peter A. [D-OR-4], Rep. Matsui, Doris O. [D-CA-7], Sen. Gardner, Cory [R-CO], Rep. Sánchez, Linda T. [D-CA-38], Rep. Huffman, Jared [D-CA-2], Rep. Brown, Corrine [D-FL-5], Rep. Capps, Lois [D-CA-24], Rep. Eshoo, Anna G. [D-CA-18], Rep. Takano, Mark [D-CA-39], Rep. Ellmers, Renee L. [R-NC-2], Rep. Chu, Judy [D-CA-28], Sen. Schiff, Adam B. [D-CA], Rep. Hartzler, Vicky [R-MO-4], Rep. Hudson, Richard [R-NC-8]

Subjects

Energy

Source updated

5 December 2025

Energy

Summary

Public Power Risk Management Act of 2013 - Amends the Commodity Exchange Act to direct the Commodity Futures Trading Commission (CFTC), when it determines whether to provide an exemption to designation as a swap dealer, to treat a utility operations-related swap entered into with a utility special entity as if such swap were entered into with an entity that is not a special entity. (Thus exempts an entity entering into a utility operations-related swap with a utility special entity from mandatory registration as a swap dealer.) Requires transactions in utility operations-related swaps to be reported according to requirements for the reporting of uncleared swaps. Defines "utility special entity" as a special entity, or any instrumentality, department, or corporation of or established by a state or local government, that: (1) owns or operates an electric or natural gas facility or an electric or natural gas operation; (2) supplies natural gas or electric energy to another utility special entity; (3) has public service obligations under federal, state, or local law or regulation to deliver electric energy or natural gas service to customers; or (4) is a federal power marketing agency. Redefines swap to include a utility operations-related swap. Defines "utility operations-related swap" as one that: (1) is entered into to hedge or mitigate commercial risk; (2) is associated with specified transactions in electric energy or natural gas; and (3) is not a contract, agreement, or transaction based on, derived on, or referencing an interest rate, credit, equity, or currency asset class; or a metal, agricultural commodity, or crude oil or gasoline commodity of any grade, except as used as fuel for electric energy generation.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 11 March 2013

    Introduced

    Referred to the House Committee on Agriculture.

    Source: IntroReferral

  2. 11 March 2013

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 11 March 2013

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 14 March 2013

    Committee

    Committee Hearings Held.

    Source: Committee

  5. 20 March 2013

    Reported

    Ordered to be Reported by Voice Vote.

    Source: Committee

  6. 20 March 2013

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  7. 12 June 2013

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  8. 12 June 2013

    Vote

    On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 423 - 0 (Roll no. 219). (text: CR H3307)

    Source: Floor

  9. 12 June 2013

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 423 - 0 (Roll no. 219).(text: CR H3307)

    Source: Floor

  10. 12 June 2013

    Floor

    Considered under suspension of the rules. (consideration: CR H3307-3309)

    Source: Floor

  11. 12 June 2013

    Vote

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

    Source: Floor

  12. 12 June 2013

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 1038.

    Source: Floor

  13. 12 June 2013

    Floor

    Mr. LaMalfa moved to suspend the rules and pass the bill.

    Source: Floor

  14. 12 June 2013

    Reported

    Reported by the Committee on Agriculture. H. Rept. 113-107.

    Source: Committee

  15. 12 June 2013

    Calendars

    Placed on the Union Calendar, Calendar No. 76.

    Source: Calendars

  16. 12 June 2013

    Reported

    Reported by the Committee on Agriculture. H. Rept. 113-107.

    Source: Committee

  17. 13 June 2013

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

10 official files

Referred in Senate (text)

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  • Referred in Senate (text)

    Referred in Senate · EN · 13 June 2013

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  • Referred in Senate (PDF)

    Referred in Senate · EN · 13 June 2013

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  • Reported in House (text)

    Reported in House · EN · 12 June 2013

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  • Reported in House (PDF)

    Reported in House · EN · 12 June 2013

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  • Engrossed in House (text)

    Engrossed in House · EN · 12 June 2013

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 12 June 2013

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  • Passed House without amendment

    summary · EN · 12 June 2013

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  • Introduced in House (text)

    Introduced in House · EN · 11 March 2013

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  • Introduced in House (PDF)

    Introduced in House · EN · 11 March 2013

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  • Introduced in House

    summary · EN · 11 March 2013

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Sponsors

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Sources

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