H.R.310 - Federal Power Administration Privatization Act of 1995104th Congress (1995-1996)
|Sponsor:||Rep. Klug, Scott L. [R-WI-2] (Introduced 01/04/1995)|
|Committees:||House - Resources|
|Latest Action:||01/13/1995 Executive Comment Requested from Interior, DOE. (All Actions)|
This bill has the status Introduced
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Summary: H.R.310 — 104th Congress (1995-1996)All Bill Information (Except Text)
Introduced in House (01/04/1995)
Federal Power Administration Privatization Act of 1995 - Directs the Secretary of Energy to: (1) sell the physical assets and terminate the operations of the Federal Power Marketing Administrations; (2) deposit sale proceeds into the Treasury; and (3) submit a report to the Congress documenting the sales.
Declares that after the sale of any hydroelectric project under this Act, it shall continue to be exempt from Federal Power Act requirements.