Public Utility Holding Company Act of 2001

Placed on Senate Legislative Calendar under General Orders. Calendar No. 36.

Congressional Research Service

Official summary

Version 00 · Introduced in Senate · Jan 30, 2001

Public Utility Holding Company Act of 2001- Repeals the Public Utility Holding Company Act of 1935.Prescribes procedural guidelines for both Federal Energy Regulatory Commission (FERC) and State access to records of a holding company (including subsidiaries, associates, and affiliates) of a public utility or natural gas company.Instructs FERC to promulgate a final rule to exempt specified holding companies from such access requirements. Requires FERC to exempt any person or transaction from such access requirements if it finds that regulation of such person or transaction is irrelevant to the jurisdictional rates of a public utility or natural gas company.Retains the jurisdiction of FERC and State commissions to determine whether a public utility company or natural gas company may recover in rates any costs of affiliate transactions.Declares this Act inapplicable to: (1) the United States; (2) a State or its political subdivision; and (3) a foreign governmental authority not operating in the United States.Grants FERC certain Federal Power Act enforcement powers.Amends the Federal Power Act to repeal its conflict of jurisdiction guidelines.

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People & committees

Who introduced it

Sen. Shelby, Richard C. [R-AL] · R–AL

Committees

Banking, Housing, and Urban Affairs Committee

12 cosponsorship records, including any withdrawals

Legislative record

Actions

A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

May 9, 2001
Placed on Senate Legislative Calendar under General Orders. Calendar No. 36.
May 9, 2001
Committee on Banking, Housing, and Urban Affairs. Reported by Senator Gramm with an amendment in the nature of a substitute. With written report No. 107-15. Additional views filed.
May 9, 2001
Committee on Banking, Housing, and Urban Affairs. Reported by Senator Gramm with an amendment in the nature of a substitute. With written report No. 107-15. Additional views filed.
Apr 24, 2001
Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Mar 29, 2001
Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities and Investment. Hearings held. With printed Hearing: S.Hrg. 107-279.
Jan 30, 2001
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S710-712)
Jan 30, 2001
Sponsor introductory remarks on measure. (CR S710)
Jan 30, 2001
Introduced in Senate

Primary sources

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Reported to Senate · May 9, 2001 Formatted Text PDF
Introduced in Senate · Jan 30, 2001 Formatted Text PDF

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.

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Analyze S.206 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Discuss S.206, 107th Congress: Public Utility Holding Company Act of 2001

Official record: https://www.congress.gov/bill/107th-congress/senate-bill/206

Text version to examine: Reported to Senate · 2001-05-09.

Official full text: https://www.congress.gov/107/bills/s206/BILLS-107s206rs.htm

Imported record last updated by the source: 2025-04-07T13:38:09Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze S.206 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Progressive lens

Examine S.206 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Discuss S.206, 107th Congress: Public Utility Holding Company Act of 2001

Official record: https://www.congress.gov/bill/107th-congress/senate-bill/206

Text version to examine: Reported to Senate · 2001-05-09.

Official full text: https://www.congress.gov/107/bills/s206/BILLS-107s206rs.htm

Imported record last updated by the source: 2025-04-07T13:38:09Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.206 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Conservative lens

Examine S.206 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Discuss S.206, 107th Congress: Public Utility Holding Company Act of 2001

Official record: https://www.congress.gov/bill/107th-congress/senate-bill/206

Text version to examine: Reported to Senate · 2001-05-09.

Official full text: https://www.congress.gov/107/bills/s206/BILLS-107s206rs.htm

Imported record last updated by the source: 2025-04-07T13:38:09Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.206 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Liberty lens

Examine S.206 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

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Discuss S.206, 107th Congress: Public Utility Holding Company Act of 2001

Official record: https://www.congress.gov/bill/107th-congress/senate-bill/206

Text version to examine: Reported to Senate · 2001-05-09.

Official full text: https://www.congress.gov/107/bills/s206/BILLS-107s206rs.htm

Imported record last updated by the source: 2025-04-07T13:38:09Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.206 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.