There is one summary. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (10/05/1983)

Amends the Natural Gas Policy Act of 1978 to prohibit any person, without first having secured authorization from the Federal Energy Regulatory Commission, from: (1) purchasing any equity security of an interstate pipeline, if after such purchase such person will have acquired, either directly or indirectly, beneficial ownership of more than five percent of a class of registered securities; or (2) merging with an interstate pipeline. Directs the Commission to authorize such purchase or merger if, after notice and opportunity for a hearing, the Commission determines that it is consistent with the public interest.