Bill Summary & Status for the 107th Congress

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S.552
Title: 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.
Sponsor: Sen Graham, Bob [FL] (introduced 3/15/2001)      Cosponsors: (none)
Latest Major Action: 3/15/2001 Referred to Senate committee. Status: Read twice and referred to the Committee on Energy and Natural Resources.
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TITLE(S):  (italics indicate a title for a portion of a bill)
STATUS: (color indicates Senate actions)
3/15/2001:
Read twice and referred to the Committee on Energy and Natural Resources.
COMMITTEE(S):
RELATED BILL DETAILS:

***NONE***

AMENDMENT(S):

***NONE***

COSPONSOR(S):

***NONE***

SUMMARY AS OF:
3/15/2001--Introduced.

Transition to Competition in the Electric Industry Act - States that no electric utility shall be required, under the Public Utility Regulatory Policies Act of 1978 (PURPA), to enter into a new contract or obligation to purchase or sell electricity or capacity from or to qualifying cogeneration and small power production facilities.

Requires the Federal Energy Regulatory Commission to promulgate and enforce regulations designed to ensure that no electric utility shall be required to absorb the costs associated with purchases of electric power or capacity from a qualifying facility pursuant to PURPA obligations before enactment of this Act.