A bill to amend the Natural Gas Policy Act of 1978 to define abuse for purposes of determining whether pass-throughs of amounts paid to interstate pipelines for natural gas should be denied, and to deny pass-throughs to interstate pipelines for actions which are imprudent.

Summary

Amends the Natural Gas Policy Act of 1978 to prohibit cost passthroughs by an interstate pipeline for imprudent actions on the part of the pipeline. Defines "abuse" and "imprudence" for the purpose of determining whether or not cost passthroughs should be denied. Defines "abuse" to include: (1) take-or-pay clauses; and (2) indefinite price escalator clauses which meet specified criteria. Defines "imprudence" as any action which: (1) is not in the public interest; or (2) materially prevents a pipeline from responding to changes in customer demands or other relevant market factors.

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Timeline

1. 10 December 1982

   Introduced

   Referred to House Committee on Energy and Commerce.

   Source: IntroReferral

2. 10 December 1982

   Introduced

   Introduced in House

   Source: IntroReferral

3. 10 December 1982

   Introduced

   Introduced in House

   Source: IntroReferral

4. 13 December 1982

   Referred

   Referred to Subcommittee on Fossil and Synthetic Fuels.

   Source: Committee

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 10 December 1982

  Open at official source

Sponsors

• Rep. Volkmer, Harold L. [D-MO-9] · D · Sponsor
• · hsif00 · Standing

Related records

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