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United States · Bill · S

S. 621 (105th)

Public Utility Holding Company Act of 1997

openUnited States· United States Congress· EN

Introduced

22 April 1997

Last action

27 June 1997 · Reported

Status

Placed on Senate Legislative Calendar under General Orders. Calendar No. 104.

Sponsors

Sen. D'Amato, Alfonse [R-NY], Sen. Murkowski, Frank H. [R-AK], Sen. Dodd, Christopher J. [D-CT], Sen. Sarbanes, Paul S. [D-MD], Sen. Gramm, Phil [R-TX], Sen. Shelby, Richard C. [R-AL], Sen. Mack, Connie, III [R-FL], Sen. Faircloth, Lauch [R-NC], Sen. Allard, Wayne [R-CO], Sen. Lott, Trent [R-MS], Sen. Domenici, Pete V. [R-NM], Sen. Akaka, Daniel K. [D-HI], Sen. Inouye, Daniel K. [D-HI], Sen. Coats, Daniel [R-IN], Sen. Cochran, Thad [R-MS], Sen. Roberts, Pat [R-KS], Sen. Brownback, Sam [R-KS], Sen. Coverdell, Paul [R-GA], Sen. Specter, Arlen [R-PA], Sen. Nickles, Don [R-OK], Sen. Enzi, Michael B. [R-WY], Sen. Bennett, Robert F. [R-UT], Sen. Craig, Larry E. [R-ID], Sen. Thomas, Craig [R-WY]

Subjects

Energy

Source updated

7 April 2025

Energy

Summary

Public Utility Holding Company Act of 1997 - 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 April 1997

    Introduced

    Read twice and referred to the Committee on Banking.

    Source: IntroReferral

  2. 22 April 1997

    Introduced

    Sponsor introductory remarks on measure. (CR S3419-3420)

    Source: IntroReferral

  3. 22 April 1997

    Introduced

    Introduced in Senate

    Source: IntroReferral

  4. 29 April 1997

    Committee

    Committee on Banking. Hearings held. Hearings printed: S.Hrg. 105-309.

    Source: Committee

  5. 5 June 1997

    Reported

    Committee on Banking. Ordered to be reported with amendments favorably.

    Source: Committee

  6. 27 June 1997

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 104.

    Source: Calendars

  7. 27 June 1997

    Reported

    Committee on Banking. Reported to Senate by Senator D'Amato with amendments. With written report No. 105-41.

    Source: Committee

  8. 27 June 1997

    Reported

    Committee on Banking. Reported to Senate by Senator D'Amato with amendments. With written report No. 105-41.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

6 official files

Reported to Senate (text)

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  • Reported to Senate (text)

    Reported to Senate · EN · 27 June 1997

    ViewDownloadOpen at official source

  • Reported to Senate (PDF)

    Reported to Senate · EN · 27 June 1997

    ViewDownloadOpen at official source

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  • Reported to Senate with amendment(s)

    summary · EN · 27 June 1997

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 22 April 1997

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  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 22 April 1997

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  • Introduced in Senate

    summary · EN · 22 April 1997

    Open at official source

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Sponsors

Related records

Sources

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