HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.
![handle is hein.congrecreports/crptxabhu0001 and id is 1 raw text is: AUTHENTICATEO
U.S. OVERNMENT
INFORMATION
Op
Calendar No. 420
115TH CONGRESS SEAEREPORT
2d Session JSENATE 1 115-253
AMENDING SECTION 203 OF THE FEDERAL POWER ACT
MAY 21, 2018.-Ordered to be printed
Ms. MURKOWSKI, from the Committee on Energy and Natural
Resources, submitted the following
REPORT
[To accompany H.R. 1109]
[Including cost estimate of the Congressional Budget Office]
The Committee on Energy and Natural Resources, to which was
referred the bill (H.R. 1109) to amend section 203 of the Federal
Power Act, having considered the same, reports favorably thereon
with an amendment in the nature of a substitute, and recommends
that the bill, as amended, do pass.
The amendment is as follows:
Strike all after the enacting clause and insert the following:
SECTION 1. CLARIFICATION OF FACILITY MERGER AUTHORIZATION.
Section 203(a)(1) of the Federal Power Act (16 U.S.C. 824b(a)(1)) is amended by
striking subparagraph (B) and inserting the following:
(B) merge or consolidate, directly or indirectly, its facilities subject to the ju-
risdiction of the Commission, or any part thereof, with the facilities of any other
person, or any part thereof, that are subject to the jurisdiction of the Commis-
sion and have a value in excess of $10,000,000, by any means whatsoever;.
SEC. 2. NOTIFICATION FOR CERTAIN TRANSACTIONS.
Section 203(a) of the Federal Power Act (16 U.S.C. 824b(a)) is amended by adding
at the end the following new paragraph:
(7)(A) Not later than 180 days after the date of enactment of this paragraph,
the Commission shall promulgate a rule requiring any public utility that is
seeking to merge or consolidate, directly or indirectly, its facilities subject to the
jurisdiction of the Commission, or any part thereof, with those of any other per-
son, to notify the Commission of such transaction not later than 30 days after
the date on which the transaction is consummated if-
(i) the facilities, or any part thereof, to be acquired are of a value in ex-
cess of $1,000,000; and
(ii) such public utility is not required to secure an order of the Commis-
sion under paragraph (1)(B).
(B) In establishing any notification requirement under subparagraph (A), the
Commission shall, to the maximum extent practicable, minimize the paperwork
burden resulting from the collection of information..
79-010](ViewImageLocal?handle=hein.congrecreports/crptxabhu0001&div=1&collection=&method=preview&ext=.png&size=3)