Interstate Transmission Act
Latest action · Apr 22, 2005 Referred to the Subcommittee on Energy and Air Quality.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 5, 2005
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Interstate Transmission Act - Amends the Federal Power Act to direct the Federal Energy Regulatory Commission (FERC) to establish, by rule, incentive-based, performance-based, participant-funded, and cost-based rate treatments for the transmission of electric energy in interstate commerce by public utilities.
Grants FERC jurisdiction over an Electric Reliability Organization (ERO) certified by FERC, regional entities, and all users, owners, and operators of the bulk-power system, for purposes of approving reliability standards and enforcing compliance with this Act.
Prescribes guidelines for ERO certification and reliability standards.
Urges the President to negotiate international agreements with the governments of Canada and Mexico to provide for: (1) effective compliance with reliability standards; and (2) the effectiveness of the ERO in the United States and Canada or Mexico.
Instructs FERC to establish a regional advisory body on the petition of at least two-thirds of the States within a region that have more than one-half of their electric load served within the region.
Exempts Hawaii and Alaska from application of electric reliability standards under this Act.
Repeals the requirement for FERC prior authorization of the disposition of public utility facilities.
Prescribes FERC preferences for the formation of a transmission organization.
Prescribes guidelines for the designation as a national interest electric transmission corridor of any geographic area experiencing or likely to experience electric energy transmission capacity constraints or congestion that adversely affects consumers.
Grants FERC permitting authority for the construction or modification of electric transmission facilities in a national interest electric transmission corridor.
Grants the consent of Congress to three or more contiguous States to enter into an interstate compact establishing regional transmission siting agencies to facilitate siting of future electric energy transmission facilities within such States and to carry out the electric energy transmission siting responsibilities of such States.
Amends the Internal Revenue Code to treat electric transmission property as 15-year property for depreciation income tax deduction purposes under the accelerated cost recovery system.
Cosponsors 1
Members who signed on, in the order they did. All signed on Apr 5, 2005.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NC | Sue Wilkins Myrick | Original | Apr 5, 2005 |
Actions 3
Everything that happened, newest first.
- Apr 22, 2005Referred to the Subcommittee on Energy and Air Quality.
- Apr 5, 2005Introduced in House
- Apr 5, 2005Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Subjects
Assigned by the Library of Congress. Policy area: Energy.
- Administrative fees
- Administrative procedure
- Administrative remedies
- Canada
- Capital investments
- Commerce
- Congress
- Congressional reporting requirements
- Construction costs
- Consumer protection
- Department of Energy
- Depreciation and amortization
- Economics and Public Finance
- Electric power transmission
- Electric utilities
- Electric utility rates
- Eminent domain
- Energy
- Energy facilities
- Environmental assessment
- Environmental Protection
- Federal advisory bodies
- Federal Energy Regulatory Commission
- Federal preemption
- Finance and Financial Sector
- Fines (Penalties)
- Foreign Trade and International Finance
- Government Operations and Politics
- Government paperwork
- Governmental investigations
- Income tax
- Independent regulatory commissions
- Infrastructure
- Infrastructure (Economics)
- Interstate commerce
- Interstate compacts
- Latin America
- Law
- Licenses
- Mexico
- Public interest
- Public Lands and Natural Resources
- Regional planning
- Restrictive trade practices
- Right-of-way
- Science, Technology, Communications
- Standards
- State laws
- Tax deductions
- Taxation
- Technological innovations
- Trade agreements
- Trade negotiations
- Transportation and Public Works
Text 1
Each version as it was printed, newest first.
- Apr 5, 2005Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.