A bill to amend the Federal Power Act to remove the authority of the Federal Energy Commission to collect land use fees for land that has been sold, exchanged, or otherwise transferred from Federal ownership but that is subject to a power site reservation.

Amends the Federal Power Act regarding annual charges payable by licensees to the United States for use of federal lands to exclude land that has been sold, exchanged, or otherwise transferred from federal ownership, yet remains subject to a power site reservation under the Act.