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Senate Bill 1860
115th Congress(2017-2018)
PARs Act
Introduced
Introduced
Introduced in Senate on Sep 26, 2017
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Introduced in Senate 
Sep 26, 2017
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Introduced in Senate(Sep 26, 2017)
Sep 26, 2017
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Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
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S. 1860 (Introduced-in-Senate)


115th CONGRESS
1st Session
S. 1860


To amend section 203 of the Federal Power Act.

IN THE SENATE OF THE UNITED STATES

September 26, 2017

Mr. Inhofe (for himself and Mr. Heinrich) introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources

A BILL

To amend section 203 of the Federal Power Act.

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 “Parity Across Reviews Act ” or the “PARs Act”.

SEC. 2. Clarification of facility merger authorization.

Section 203(a)(1)(B) of the Federal Power Act (16 U.S.C. 824b(a)(1)(B)) is amended by striking “such facilities or any part thereof” and inserting “such facilities, or any part thereof, of a value in excess of $10,000,000”.

SEC. 3. Notification for certain transactions.

Section 203(a) of the Federal Power Act (16 U.S.C. 824b(a)) is amended by adding at the end the following new paragraph:

“(7) (A) Not later than 180 days after the date of enactment of this paragraph, the Commission shall promulgate a rule requiring any public utility that is seeking to merge or consolidate, directly or indirectly, its facilities subject to the jurisdiction of the Commission, or any part thereof, with those of any other person, to notify the Commission of such transaction not later than 30 days after the date on which the transaction is consummated if—

“(i) such facilities, or any part thereof, are of a value in excess of $1,000,000; and

“(ii) such public utility is not required to secure an order of the Commission under paragraph (1)(B).

“(B) In establishing any notification requirement under subparagraph (A), the Commission shall, to the maximum extent practicable, minimize the paperwork burden resulting from the collection of information.”.

SEC. 4. Effective date.

The amendment made by section 2 shall take effect 180 days after the date of enactment of this Act.