S.Amdt. 1447

SA 1447. Mr. SCHUMER (for himself, Mrs. Gillibrand, Mr. Cardin, Mr.
Van Hollen, and Mr. Casey) submitted an amendment intended to be
proposed to amendment SA 1407 submitted by Ms. Murkowski and intended
to be proposed to the bill S. 2657, to support innovation in advanced
geothermal research and development, and for other purposes; which was
ordered to lie on the table; as follows:

At the end of title II, add the following:

Subtitle D--Federal Energy Regulatory Commission

SEC. 24__. FERC CONSIDERATION OF STATE FINANCIAL INCENTIVES
IN WHOLESALE MARKETS.

Section 201(b)(1) of the Federal Power Act (16 U.S.C.
824(b)(1)) is amended, in the second sentence, by striking
the period at the end and inserting ``, or over State
regulations, including financial incentives or fees,
promoting the development of facilities for the generation of
electric energy, unless the regulation directly targets a
wholesale rate or charge subject to the jurisdiction of the
Commission.''.
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