S.Amdt. 1460

1. Rewrites section 1182

   Replaces

   In S. 14 · Placed on Calendar Senate

   Struck: SEC. 1182. UNFAIR TRADE PRACTICES.

   Struck: (a) Slamming.--The Federal Trade Commission shall issue rules prohibiting the change of selection of an electric utility except with the informed consent of the electric consumer or if determined by the appropriate State regulatory authority to be necessary to prevent loss of service.

   Struck: (b) Cramming.--The Federal Trade Commission shall issue rules prohibiting the sale of goods and services to an electric consumer unless expressly authorized by law or the electric consumer.

   Struck: (c) State Authority.--If the Federal Trade Commission determines that a State's regulations provide equivalent or greater protection than the provisions of this section, such State regulations shall apply in that State in lieu of the regulations issued by the Commission under this section.

   Inserted: SEC. ____. PROHIBITION OF MARKET-BASED RATES.

   Inserted: Section 205(a) of the Federal Power Act (16 U.S.C. 824d(a)) is amended by adding at the end the following: "Nothing in this Act confers on the Commission authority to authorize market-based rates for the sale of electric energy at wholesale.".

   Original wording

   Strike section 1182 and insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed