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United States · Bill · HR

H.R. 3976 (105th)

Public Utility Holding Company Act of 1998

referredUnited States· United States Congress· EN

Introduced

22 May 1998

Last action

5 June 1998 · Referred

Status

Referred to the Subcommittee on Energy and Power.

Sponsors

Rep. Tauzin, W. J. (Billy) [R-LA-3], Rep. Barton, Joe [R-TX-6], Rep. Bilbray, Brian P. [R-CA-50], Rep. Cooksey, John [R-LA-5], Rep. Doolittle, John T. [R-CA-4], Rep. John, Christopher [D-LA-7], Rep. McCrery, Jim [R-LA-4], Rep. Norwood, Charles W. [R-GA-9], Rep. Parker, Mike [R-MS-4], Sen. Wicker, Roger F. [R-MS], Rep. Young, Don [R-AK-At Large], Rep. Murtha, John P. [D-PA-12], Rep. Towns, Edolphus [D-NY-10], Rep. Thornberry, Mac [R-TX-13]

Subjects

Energy

Source updated

21 August 2025

Energy

Summary

Public Utility Holding Company Act of 1998 - Repeals the Public Utility Holding Company Act of 1935. Prescribes procedural guidelines for both Federal Energy Regulatory Commission (FERC) and State access to records of a holding company (including subsidiaries, associates and affiliates) of a public utility or natural gas company. Instructs FERC to promulgate a final rule to exempt specified holding companies from such access requirements. Requires FERC to exempt any person or transaction from such access requirements if it finds that regulation of such person or transaction is irrelevant to the jurisdictional rates of a public utility company. Retains the jurisdiction of FERC and State commissions to determine whether a public utility company may recover in rates any costs of affiliate transactions. Declares this Act inapplicable to: (1) the United States; (2) a State or its political subdivision; and (3) a foreign governmental authority not operating in the United States. Grants FERC certain Federal Power Act enforcement powers. Transfers from the Securities and Exchange Commission to FERC all books and records that relate primarily to the functions vested in FERC by this Act. Authorizes appropriations. Amends the Federal Power Act to repeal its conflict of jurisdiction guidelines.

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

Timeline

  1. 22 May 1998

    Introduced

    Referred to the House Committee on Commerce.

    Source: IntroReferral

  2. 22 May 1998

    Introduced

    Sponsor introductory remarks on measure. (CR E971)

    Source: IntroReferral

  3. 22 May 1998

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 22 May 1998

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 5 June 1998

    Referred

    Referred to the Subcommittee on Finance and Hazardous Materials.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 22 May 1998

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 22 May 1998

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 22 May 1998

    Open at official source

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Sponsors

Related records

Sources

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