S. 723Senate108th Congress (2003-2005)In Committee

Electricity Gouging Refund Act of 2003

A bill to amend the Federal Power Act to provide refunds for unjust and unreasonable charges on electric energy in the State of California.

Introduced March 26, 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 26, 2003

View full timeline
SenateIntro Referral

Introduced in Senate

March 26, 2003

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S4444)

March 26, 2003

SenateIntro Referral

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

March 26, 2003

Floor Debate

10 members

What members said about S. 723 on the floor

5 Republicans5 Democrats
Patrick J. Leahy
Sen. Patrick J. LeahyD-VT · Mar 26, 2003

I am pleased today to introduce the Anti-Atrocity Alien Deportation Act of 2003, a bill intended to close loopholes in our immigration laws that have allowed war criminals and human rights abusers to…

Mary L. Landrieu
Sen. Mary L. LandrieuD-LA · Mar 26, 2003

Mr. President, today I introduce the ``Federal Power Act Amendment of 2003.'' This bill is intended to ensure for the future the two things that matter most to all electricity customers: affordable…

Olympia J. Snowe
Sen. Olympia J. SnoweR-ME · Mar 26, 2003

Mr. President, I rise today to introduce legislation designed to enhance the safety of large passenger vans, which are highly susceptible to rollovers and have been associated with more than 500…

Elizabeth Dole
Sen. Elizabeth DoleR-NC · Mar 26, 2003

Mr. President, I rise today to introduce legislation to award the Congressional Gold Medal to The Right Honorable Tony Charles Lynton Blair, Prime Minister of Great Britain, First Lord of the…

Ron Wyden
Sen. Ron WydenD-OR · Mar 26, 2003

Mr. President, I rise today, with my friend and colleague Senator Smith of Oregon, to introduce legislation to improve the management of and recreational access to the Oregon Dunes National…

Show 6 more
Richard J. Durbin
Sen. Richard J. DurbinD-IL · Mar 26, 2003

Mr. President, today I am introducing legislation to name the U.S. Post Office at 7401 W. 100th Place in Bridgeview, IL after Postal Police Officer Michael Healy. On June 21, 1981, while guarding the…

Barbara Boxer
Sen. Barbara BoxerD-CA · Mar 26, 2003

Mr. President, today, the Federal Energy Regulatory Commission, FERC, released documents substantiating evidence of market manipulation during the California electricity crisis. At the same time, I…

Barbara Boxer
Sen. Barbara BoxerD-CA · Mar 26, 2003

Mr. President, today, the Federal Energy Regulatory Commission, FERC, released documents substantiating evidence of market manipulation during the California electricity crisis. At the same time, I…

John McCain
Sen. John McCainR-AZ · Mar 26, 2003

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

Lindsey Graham
Sen. Lindsey GrahamR-SC · Mar 26, 2003

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

George Allen
Sen. George AllenR-VA · Mar 26, 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 26, 2003
        [Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 723 Introduced in Senate (IS)]

108th CONGRESS
1st Session
S. 723

To amend the Federal Power Act to provide refunds for unjust and
unreasonable charges on electric energy in the State of California.

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

March 26, 2003

Mrs. Boxer introduced the following bill; which was read twice and
referred to the Committee on Energy and Natural ResourcesYYYYYY

_______________________________________________________________________

A BILL

To amend the Federal Power Act to provide refunds for unjust and
unreasonable charges on electric energy in the State of California.

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 ``Electricity Gouging Refund Act of
2003''.

SEC. 2. REFUNDS FOR EXCESSIVE CHARGES.

Section 206 of the Federal Power Act (16 U.S.C 824e) is amended by
adding at the end the following:
``(e) Refunds for Excessive Charges.--
``(1) In general.--
``(A) Refunds.--Notwithstanding any other provision
of this section, not later than 60 days after the date
of enactment of this subsection, the Commission shall
issue an order requiring a refund of the portion of
charges on the transmission or sale of electric energy
that are or have been found by the Commission to be
unjust or unreasonable.
``(B) Interest.--A refund under subparagraph (A)
shall include interest from the date on which the
charges were paid.
``(C) Amount.--The total amount of refunds ordered
under subparagraph (A) shall be not less than
$8,900,000,000.
``(2) Applicability.--Paragraph (1) applies to charges for
electric energy transmitted or sold during the period beginning
on June 1, 2000, and ending on June 19, 2001.
``(f) Renegotiation of Contracts.--Not later than 30 days after the
date of enactment of this subsection, the Commission shall order the
renegotiation of the long-term electricity contracts entered into
between the energy companies and the State of California between
January 1 and May 31, 2001.''.
<all>