S. 688Senate108th Congress (2003-2005)In Committee

Transition to Competition in the Electric Industry Act

Sponsored by Bob GrahamSen. Bob Graham (D-FL)
Introduced March 21, 2003

Legislative Activity

Stay on top of the latest movement without scrolling through every action

2 earlier actions
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Energy and Natural Resources.

March 21, 2003

View full timeline
SenateIntro Referral

Introduced in Senate

March 21, 2003

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S4287-4288)

March 21, 2003

SenateIntro Referral

Read twice and referred to the Committee on Energy and Natural Resources.

March 21, 2003

Floor Debate

11 members

What members said about S. 688 on the floor

6 Republicans5 Democrats
Maria Cantwell
Sen. Maria CantwellD-WA · Mar 21, 2003

Mr. President, I rise today to introduce the Electricity Market Manipulation Prevention Act--legislation I believe is critical in ensuring our Nation's consumers will never again have to suffer from…

Daniel K. Akaka
Sen. Daniel K. AkakaD-HI · Mar 21, 2003

Thank you, Mr. President. I rise today to speak on the Low Income Taxpayer Protection Act of 2003, which Senator Bingaman and I are introducing today. I thank Senator Bingaman for his leadership on…

Gordon H. Smith
Sen. Gordon H. SmithR-OR · Mar 21, 2003

Mr. President, I rise today to right a wrong. I am doing so on behalf of myself and Mr. Wyden, Mr. Allard, Mr. Bayh, Mr. Bond, Mr. Brownback, Mr. Miller, Mr. Nickles, Mr. Santorum, and Mr. Specter.…

Mike DeWine
Sen. Mike DeWineR-OH · Mar 21, 2003

Mr. President, I am pleased to join with my colleagues-- Senators Murray, Landrieu, Breaux, Bingaman, and Inouye--to introduce the Poison Control Center Awareness and Enhancement Act of 2003. Our…

Russell D. Feingold
Sen. Russell D. FeingoldD-WI · Mar 21, 2003

Mr. President, today I am introducing legislation to bring a small measure of relief to the families of our brave military personnel who are being deployed for the ongoing fight against terrorism,…

Show 7 more
Pete V. Domenici
Sen. Pete V. DomeniciR-NM · Mar 21, 2003

Mr. President, I rise to introduce the Genomes to Life Research and Development Act. I appreciate the bipartisan sponsors, Senator Cantwell, Senator Murray and Senator Bingaman who join me in its…

Jeff Bingaman
Sen. Jeff BingamanD-NM · Mar 21, 2003

Mr. President, I rise today with my colleague from Hawaii, Senator Akaka, to re-introduce the Low Income Taxpayer Protection Act of 2003. This legislation, if enacted, will give taxpayers much needed…

Lindsey Graham
Sen. Lindsey GrahamR-SC · Mar 21, 2003

Mr. President, I rise today to introduce this bill that will end the practice of forcing electric utilities to purchase unneeded electricity at above market rates--a practice that ultimately costs…

Lindsey Graham
Sen. Lindsey GrahamR-SC · Mar 21, 2003

Mr. President, I rise today to introduce this bill that will end the practice of forcing electric utilities to purchase unneeded electricity at above market rates--a practice that ultimately costs…

Barbara Boxer
Sen. Barbara BoxerD-CA · Mar 21, 2003

Mr. President, today I am introducing legislation to require that the Secretary of Defense issue regulations that would prevent a mother and father of minor children from being deployed to a combat…

George V. Voinovich
Sen. George V. VoinovichR-OH · Mar 21, 2003

Mr. President, I ask unanimous consent that the text of this bill be printed in the Record.

Chuck Hagel
Sen. Chuck HagelR-NE · Mar 21, 2003

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

Bill Text

Latest available legislative text

Reading Mode
Latest
Introduced in SenateIssued March 21, 2003
        [Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 688 Introduced in Senate (IS)]

108th CONGRESS
1st Session
S. 688

To provide that no electric utility shall be required to enter into a
new contract or obligation to purchase or to sell electricity or
capacity under section 210 of the Public Utility Regulatory Policies
Act of 1978.

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

March 21, 2003

Mr. Graham of Florida introduced the following bill; which was read
twice and referred to the Committee on Energy and Natural Resources

_______________________________________________________________________

A BILL

To provide that no electric utility shall be required to enter into a
new contract or obligation to purchase or to sell electricity or
capacity under section 210 of the Public Utility Regulatory Policies
Act of 1978.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Transition to Competition in the
Electric Industry Act''.

SEC. 2. FINDINGS.

Congress finds that--
(1) implementation of section 210 of the Public Utility
Regulatory Policies Act of 1978 (16 U.S.C. 824a-3) resulted in
many consumers paying excessive rates for electricity;
(2) amendments made by title VII of the Energy Policy Act
of 1992 (106 Stat. 2905) give nonregulated producers of
electricity additional access to the wholesale electric market
through transmission access and exemption from the Public
Utility Holding Company Act of 1935 (15 U.S.C. 79 et seq.); and
(3) in light of the competitive wholesale electric
marketplace brought about by the Energy Policy Act of 1992,
section 210 of the Public Utility Regulatory Policies Act of
1978 need no longer be in effect.

SEC. 3. DEFINITIONS.

In this Act:
(1) Commission.--The term ``Commission'' means the Federal
Energy Regulatory Commission.
(2) Electric utility.--The term ``electric utility'' means
a person, State agency, or Federal agency that sells
electricity.
(3) Qualifying cogeneration facility.--The term
``qualifying cogeneration facility'' has the meaning given the
term in section 3 of the Federal Power Act (16 U.S.C. 796).
(4) Qualifying facility.--The term ``qualifying facility''
means--
(A) a qualifying small power production facility;
and
(B) a qualifying cogeneration facility.
(5) Qualifying small power production facility.--The term
``qualifying small power production facility'' has the meaning
given the term in section 3 of the Federal Power Act (16 U.S.C.
796).

SEC. 4. PROSPECTIVE REPEAL.

(a) New Contracts.--No electric utility shall be required to enter
into a new contract or obligation to purchase or to sell electricity or
capacity under section 210 of the Public Utility Regulatory Policies
Act of 1978 (16 U.S.C. 824a-3).
(b) Existing Rights and Remedies.--Nothing in this section affects
the rights or remedies of any party with respect to the purchase or
sale of electricity or capacity from or to a facility determined to be
a qualifying small power production facility or a qualifying
cogeneration facility under section 210 of the Public Utility
Regulatory Policies Act of 1978 (16 U.S.C. 824a-3) under any contract
or obligation to purchase or to sell electricity or capacity in effect
on the date of enactment of this Act, including the right to recover
the costs of purchasing the electricity or capacity.
(c) Interpretations and Actions Taken.--Nothing in this Act implies
congressional ratification of any interpretation of, or any action
taken under, section 210 of the Public Utility Regulatory Policies Act
of 1978 (16 U.S.C. 824a-3).

SEC. 5. RECOVERY OF COSTS.

(a) Regulation.--To ensure recovery, by any electric utility that
purchases electricity or capacity from a qualifying facility pursuant
to any legally enforceable obligation entered into or imposed under
section 210 of the Public Utility Regulatory Policies Act of 1978 (16
U.S.C. 824a-3) before the date of enactment of this Act, of all costs
associated with the purchases, the Commission shall promulgate and
enforce such regulations as are required to ensure that no utility
shall be required directly or indirectly to absorb the costs associated
with the purchases.
(b) Treatment.--A regulation under subsection (a) shall be treated
as a rule enforceable under the Federal Power Act (16 U.S.C. 791a et
seq.).
<all>