New England Regional Power and Environmental Protection Act

Summary

New England Regional Power and Environmental Protection Act - Title I: - Creates a body corporate by the name of the New England Regional Power and Environmental Protection Agency which shall establish and operate a bulk power supply system to supply wholesale power to utilities throughout the entire New England region and establish interconnections, and coordination agreements, with utilities in any region, a national power grid if one shall be established, and with utilities in Canada. States that the Agency in cooperation with the interested State and regional, and Federal agencies with responsibility for environmental protection shall conduct a regional generating facility and transmission line siting study for the purpose of designating optimum locations for generating facilities and transmission lines to insure availability of an abundant, low-cost, and reliable supply of electricity from such facilities throughout the region, and to protect environmental assets. Directs the Agency to carry out a program of research and development in the area of electric power generation and transmission. Title II: General Provision - Prescribes the Composition of the Board of Directors of the Agency. Provides for the administration of the Agency. Enumerates the corporate powers of the Agency. Authorizes the Agency to issue and sell bonds, notes, and other evidence of indebtedness to assist in financing its activities and to refund such bonds. Authorizes the Agency to cause proceedings to be instituted for the acquisition by condemnation of any lands, easements, or rights-of-way, or interests in property of any type, within the New England region, which, in the opinion of the Agency, are necessary to carry out the provisions of this Act. Title III: Environmental Protection - Provides that the Agency shall be subject to Federal and State environmental standards. Title IV: Authorizes to be appropriated such sums as may be necessary for the New England Regional Power and Environmental Protection Agency to fulfill the purposes of this Act.

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1 official file

• Introduced in House

  summary · EN · 29 October 1975

  Open at official source

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