Electric Refund Fairness Act of 2001 - Amends the Federal Power Act with respect to Federal Energy Regulatory Commission (FERC) power to fix a refund effective date. Repeals the current range of dates for such an effective date to mandate that such date be: (1) the date the complaint is filed, in the case of a proceeding instituted on complaint; or (2) the date of publication by FERC of notice of its intention to initiate such a proceeding, in the case of a proceeding instituted by FERC upon its own motion. Requires certain refunds ordered by FERC to include any appropriate penalties as well as interest.
Actions
Jun 1, 2001
Referred to the Subcommittee on Energy and Air Quality.
May 22, 2001
Referred to the House Committee on Energy and Commerce.