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Electricity Gouging Refund Act of 2003

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 625.

Official summary

Version 00 · Introduced in Senate · Jul 8, 2004

Electricity Gouging Refund Act of 2003 - Amends the Federal Power Act to instruct the Federal Energy Regulatory Commission to order a refund (including interest) for that portion of charges on the transmission or sale of electric energy between June 1, 2000, and June 19, 2001, which the Commission finds unjust and unreasonable.

States that the total amount of such refunds shall be not less than $8.9 billion.

Directs the Commission to order the renegotiation of the long-term electricity contracts entered into between the energy companies and the State of California between January 1 and May 31, 2001.

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Who introduced it

Sen. Boxer, Barbara [D-CA] · D–CA

Committees

    0 cosponsorship records, including any withdrawals

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      1. Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 625.

      2. Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

      3. Introduced in Senate

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