Public Utility Holding Company Act of 1995

openUnited States· United States Congress· EN

Introduced

12 October 1995

Last action

9 September 1996 · Reported

Status

Placed on Senate Legislative Calendar under General Orders. Calendar No. 584.

Summary

TABLE OF CONTENTS: Title I: Repeal of the Public Utility Holding Company Act of 1935 Title II: Enactment of the Public Utility Holding Company Act of 1995 Title III: Conforming Changes to Other Statutes Public Utility Holding Company Act of 1995 - Title I: Repeal of the Public Utility Holding Company Act of 1935 - Repeals the Public Utility Holding Company Act of 1935 (PUHCA). Title II: Enactment of the Public Utility Holding Company Act of 1995 - Declares that this Act does not apply to persons previously exempted from regulations under the PUHCA. Authorizes the Federal Energy Regulatory Commission (FERC) to institute proceedings to terminate any such exemption if termination would be necessary for regulating the rates of a public utility company and for protecting consumers. Empowers FERC to exempt any person or transaction from this title if it finds that regulation of such person or transaction is irrelevant to the rates of a public utility company. Prescribes procedural guidelines for both FERC and State access to holding company records (including subsidiaries and affiliates). Retains the jurisdiction of FERC and State commissions to determine whether a public utility company may recover in rates any costs of affiliate transactions. Grants FERC certain Federal Power Act enforcement powers. Transfers from the Securities and Exchange Commission (SEC) to FERC all resources that relate primarily to the functions vested in FERC by this Act. Expresses the sense of the Congress that all personnel of the Office of Public Utility Regulation of the SEC should be transferred to FERC. Title III: Conforming Changes to Other Statutes - Amends the Federal Power Act to repeal its conflict of jurisdiction guidelines.

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Timeline

12 October 1995
Introduced
Introduced in Senate
Source: IntroReferral
12 October 1995
Introduced
Read twice and referred to the Committee on Banking.
Source: IntroReferral
12 October 1995
Introduced
Sponsor introductory remarks on measure. (CR S15127-15129)
Source: IntroReferral
6 June 1996
Committee
Committee on Banking. Hearings held.
Source: Committee
26 June 1996
Reported
Committee on Banking. Ordered to be reported with an amendment in the nature of a substitute favorably.
Source: Committee
9 September 1996
Calendars
Placed on Senate Legislative Calendar under General Orders. Calendar No. 584.
Source: Calendars
9 September 1996
Reported
Committee on Banking. Reported to Senate by Senator D'Amato with an amendment in the nature of a substitute and an amendment to the title. With written report No. 104-365.
Source: Committee
9 September 1996
Reported
Committee on Banking. Reported to Senate by Senator D'Amato with an amendment in the nature of a substitute and an amendment to the title. With written report No. 104-365.
Source: Committee

Votes

No vote records are attached yet.

Versions

Reported to Senate · 9 September 1996 · Download file
Introduced in Senate · 12 October 1995 · Download file

Documents

6 official files

Reported to Senate (text)

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Reported to Senate (text)
Reported to Senate · EN · 9 September 1996
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Reported to Senate (PDF)
Reported to Senate · EN · 9 September 1996
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Reported to Senate with amendment(s)
summary · EN · 9 September 1996
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Introduced in Senate (text)
Introduced in Senate · EN · 12 October 1995
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Introduced in Senate (PDF)
Introduced in Senate · EN · 12 October 1995
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Introduced in Senate
summary · EN · 12 October 1995
Open at official source
Leesvertaling
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Related records

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Sources

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Official source: https://www.congress.gov/bill/104th-congress/senate-bill/1317
Open data entity: https://api.congress.gov/v3/bill/104/s/1317
us · 104-s-1317 · source updated 7 April 2025