Skip to content
PoliticalRepoPoliticalRepo

United States · Bill · S

S. 2860 (93rd)

Natural Gas Amendments

referredUnited States· United States Congress· EN

Introduced

21 December 1973

Last action

21 December 1973 · Introduced

Status

Referred to Senate Committee on Commerce.

Sponsors

Sen. Johnston, J. Bennett [D-LA], Sen. Haskell, Floyd K. [D-CO]

Subjects

Energy

Source updated

3 September 2025

Energy

Official sourceView documentsShare

Summary

Natural Gas Amendments - Sets forth the definitions of terms used in the Natural Gas Act, including definitions of "Fair market value", "definite pricing clause", and "affiliate". Provides, relating to the rates and charges made by any natural-gas company for the transportation or sale of natural gas, that: (1) the just and reasonable rate for the sale of natural gas first dedicated for sale in interstate commerce on or after the effective date of this Act shall be the fair market value of that gas; (2) if such sale is by a natural gas company to one of its affiliates, the burden of proof of fair market value shall be on the applicant; otherwise, the burden of proof shall be on intervenors in opposition; and (3) the just and reasonable rate for the sale of natural gas delivered pursuant to an existing contract that expires on or after the effective date of this Act shall, upon expiration of such contract, be the rate fixed in the expired contract unless a higher area or individual rate is authorized. States that the just and reasonable rate for sales in interstate commerce for industrial fuel use shall be not less than the fair market value of sales of natural gas to the natural gas company that transports natural gas in interstate commerce and the full cost of transportation allocated to firm customers at the same delivery point or zone.

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

Timeline

  1. 21 December 1973

    Introduced

    Referred to Senate Committee on Commerce.

    Source: IntroReferral

  2. 21 December 1973

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.