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To amend section 203 of the Federal Power Act.

1/11/2023, 1:31 PM

Congressional Summary of HR 4427

This bill amends the Federal Power Act with respect to the prohibition regarding mergers or consolidations by a public utility. Any merger or consolidation of a public utility whose value exceeds $10 million must first be authorized by the Federal Energy Regulatory Commission (FERC).

In addition, FERC is required to promulgate a rule within 180 days that mandates any public utility seeking to merge or consolidate to notify FERC, within 30 days of transaction consummation, if the value of such merger or consolidation exceeds $1 million but is less than $10 million.

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Current Status of Bill HR 4427

Bill HR 4427 is currently in the status of Bill Introduced since February 2, 2016. Bill HR 4427 was introduced during Congress 114 and was introduced to the House on February 2, 2016.  Bill HR 4427's most recent activity was Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources. as of March 15, 2016

Bipartisan Support of Bill HR 4427

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
0
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4427

Primary Policy Focus

Energy

Potential Impact Areas

- Administrative law and regulatory procedures
- Corporate finance and management
- Electric power generation and transmission
- Federal Energy Regulatory Commission (FERC)
- Government information and archives
- Public utilities and utility rates

Alternate Title(s) of Bill HR 4427

To amend section 203 of the Federal Power Act.
To amend section 203 of the Federal Power Act.

Comments

Sponsors and Cosponsors of HR 4427

Mike Pompeo
Mike Pompeo
KansasRepublican
Markwayne Mullin
Markwayne Mullin
OklahomaRepublican
Richard Hudson
Richard Hudson
North CarolinaRepublican

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