Natural Gas Policy Act Amendments of 1983

Summary

Natural Gas Policy Act Amendments of 1983 - Title I: Findings and Purposes - Sets forth: (1) ten Congressional findings concerning natural gas; and (2) the purposes of this Act. Title II: Amendments to the Natural Gas Policy Act of 1978 - Amends the Natural Gas Policy Act of 1978 to add to the definition of Btu. Sets forth a method of determining the number of Btu's per unit volume of natural gas. Defines definite price provision, indefinite price provision, market-out provision, and take-or-pay provision, for purposes of the use of such terms in a contract for the first sale of natural gas. Requires the price under any contract for the first sale of natural gas in effect on November 8, 1978, to remain the price after November 8, 1978, unless the contract expressly and specifically by its plain language authorizes prices established by Congress, in which case any price not in excess of the applicable maximum lawful price may apply. Repeals the annual inflation adjustment factors. Provides that the maximum lawful price for any first sale of natural gas shall be deemed to include all costs necessary to, or associated with, the delivery of marketable natural gas to the purchaser. Authorize an adjustment to the seller for necessary costs which deprive the seller of a just and reasonable return. Authorizes the purchaser an adjustment if the purchaser provides the seller consideration in addition to the maximum lawful prices. Establishes a transportation rate of no less than $0.05 per million Btu's end requires all revenues in excess of such amount to be credited back to the pipeline's customers. Declares null and void all indefinite price provisions in all contracts for the first sale of natural gas. Deems all contracts for the first sale of natural gas which is affected by deregulation to include a market-out provision. Deems all take-or-pay provisions in effect as of enactment to be reduced by 50 percent. Declares null and void any first sale contract which restricts the right of the purchaser to contest the contract. Requires all first sale contracts to be filed with the Federal Energy Regulatory Commission (FERC) and made available to the public. Confers jurisdiction on the FERC to resolve contract disputes, on petition by any party to a contract. Directs the FERC to promulgate a final rule establishing the interest rate at which refunds shall be paid by natural gas companies on any collections made in excess of approved rates. Directs the FERC to undertake and complete a comprehensive study of minimum bill and related provisions in interstate pipeline tariffs.

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

Timeline

1. 2 March 1983

   Introduced

   Referred to House Committee on Energy and Commerce.

   Source: IntroReferral

2. 2 March 1983

   Introduced

   Introduced in House

   Source: IntroReferral

3. 2 March 1983

   Introduced

   Introduced in House

   Source: IntroReferral

4. 9 March 1983

   Referred

   Referred to Subcommittee on Fossil and Synthetic Fuels.

   Source: Committee

5. 16 March 1983

   Committee

   Subcommittee Hearings Held.

   Source: Committee

6. 22 March 1983

   Committee

   Subcommittee Hearings Held.

   Source: Committee

7. 23 March 1983

   Committee

   Subcommittee Hearings Held.

   Source: Committee

8. 24 March 1983

   Committee

   Subcommittee Hearings Held.

   Source: Committee

9. 7 April 1983

   Committee

   Subcommittee Hearings Held.

   Source: Committee

10. 12 April 1983

    Committee

    Subcommittee Hearings Held.

    Source: Committee

11. 14 April 1983

    Committee

    Subcommittee Hearings Held.

    Source: Committee

12. 19 April 1983

    Committee

    Subcommittee Hearings Held.

    Source: Committee

13. 20 April 1983

    Committee

    Subcommittee Hearings Held.

    Source: Committee

14. 21 April 1983

    Committee

    Subcommittee Hearings Held.

    Source: Committee

15. 25 May 1983

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

16. 8 June 1983

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

17. 15 June 1983

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

18. 12 July 1983

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

19. 13 July 1983

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

20. 14 July 1983

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

21. 21 July 1983

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

22. 25 July 1983

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

23. 27 July 1983

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

24. 28 July 1983

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

25. 29 July 1983

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

26. 2 November 1983

    Committee

    Clean Bill H.R.4277 Forwarded by Subcommittee to Full Committee in Lieu.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 2 March 1983

  Open at official source

Sponsors

• Rep. Addabbo, Joseph P. [D-NY-6] · D · Sponsor
• Rep. Towns, Edolphus [D-NY-10] · D · Sponsor
• Rep. Mitchell, Parren J. [D-MD-7] · D · Sponsor
• Del. Fauntroy, Walter E. [D-DC-At Large] · D · Sponsor
• Rep. Crockett, George W., Jr. [D-MI-13] · D · Sponsor
• Rep. Donnelly, Brian J. [D-MA-11] · D · Sponsor
• Rep. Kolter, Joseph P. [D-PA-4] · D · Sponsor
• Rep. Biaggi, Mario [D-NY-19] · D · Sponsor
• Rep. Molinari, Guy [R-NY-14] · R · Sponsor
• Rep. Schneider, Claudine [R-RI-2] · R · Sponsor
• Rep. Minish, Joseph G. [D-NJ-11] · D · Sponsor
• Rep. Hertel, Dennis M. [D-MI-14] · D · Sponsor
• Rep. Gray, William H., III [D-PA-2] · D · Sponsor
• Rep. Aspin, Les [D-WI-1] · D · Sponsor
• Rep. McCloskey, Frank [D-IN-8] · D · Cosponsor
• Rep. Mrazek, Robert J. [D-NY-3] · D · Cosponsor
• Rep. Stratton, Samuel S. [D-NY-23] · D · Cosponsor
• Rep. Rangel, Charles B. [D-NY-15] · D · Cosponsor
• Rep. Ferraro, Geraldine A. [D-NY-9] · D · Cosponsor
• Rep. Downey, Thomas J. [D-NY-2] · D · Cosponsor
• Rep. Ackerman, Gary L. [D-NY-5] · D · Cosponsor
• Rep. Shannon, James M. [D-MA-5] · D · Cosponsor
• Rep. Mavroules, Nicholas [D-MA-6] · D · Cosponsor
• Rep. Moakley, John Joseph [D-MA-9] · D · Cosponsor
• Rep. Frank, Barney [D-MA-4] · D · Cosponsor
• Rep. Solarz, Stephen J. [D-NY-13] · D · Cosponsor
• · hsif00 · Standing

Related records

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