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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.
Read the Full Bill
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
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4427
Primary Policy Focus
EnergyPotential 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
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