S.Amdt. 2962

SA 2962. Ms. MURKOWSKI submitted an amendment intended to be proposed
to amendment SA 2953 proposed by Ms. Murkowski to the bill S. 2012, to
provide for the modernization of the energy policy of the United
States, and for other purposes; which was ordered to lie on the table;
as follows:

At the end of part I of subtitle A of title III, add the
following:

SEC. 30___. STAY AND REINSTATEMENT OF FERC LICENSE NO. 11393
FOR THE MAHONEY LAKE HYDROELECTRIC PROJECT.

(a) Definitions.--In this section:
(1) Commission.--The term ``Commission'' means the Federal
Energy Regulatory Commission.
(2) License.--The term ``license'' means the license for
Commission project number 11393.
(3) Licensee.--The term ``licensee'' means the holder of
the license.
(b) Stay of License.--On the request of the licensee, the
Commission shall issue an order continuing the stay of the
license.
(c) Lifting of Stay.--On the request of the licensee, but
not later than 10 years after the date of enactment of this
Act, the Commission shall--
(1) issue an order lifting the stay of the license under
subsection (b); and
(2) make the effective date of the license the date on
which the stay is lifted under paragraph (1).
(d) Extension of License.--On the request of the licensee
and notwithstanding the time period specified in section 13
of the Federal Power Act (16 U.S.C. 806) for commencement of
construction of the project subject to the license, the
Commission shall, after reasonable notice and in accordance
with the good faith, due diligence, and public interest
requirements of that section, extend the time period during
which the licensee is required to commence the construction
of the project for not more than 3 consecutive 2-year
periods, notwithstanding any other provision of law.
(e) Effect.--Nothing in this section prioritizes, or
creates any advantage or disadvantage to, Commission project
number 11393 under Federal law, including the Federal Power
Act (16 U.S.C. 791a et seq.) or the Public Utility Regulatory
Policies Act of 1978 (16 U.S.C. 2601 et seq.), as compared
to--
(1) any electric generating facility in existence on the
date of enactment of this Act; or
(2) any electric generating facility that may be examined,
proposed, or developed during the period of any stay or
extension of the license under this section.
______