PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Banking.
Congressional Research Service
Version 00 · Introduced in Senate · Mar 23, 1993
Multistate Utility Company Consumer Protection Act of 1993 - Amends the Federal Power Act to transfer from the Securities and Exchange Commission (SEC) to the Federal Energy Regulatory Commission (FERC), for purposes of determining a just and reasonable rate for consumers, the power to review and disallow the costs associated with transactions of a public utility holding company with an affiliated company. Transfers to FERC all functions of the SEC under the Public Utility Holding Company Act of 1935 (PUHCA). Amends the PUHCA to require that contracts with associates, entered into by holding company subsidiaries or mutual service companies, be performed for the benefit of such associate companies at a price not to exceed cost (currently, at cost). Conditions FERC approval of a mutual service company upon finding that it is organized to reasonably insure performance of contracts for member companies at such a price. (Thus allowing prices below cost.)
People & committees
Sen. Riegle, Donald W., Jr. [D-MI] · D–MI
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Read twice and referred to the Committee on Banking.
Sponsor introductory remarks on measure. (CR S3523)
Introduced in Senate
Primary sources
Text links open the official source. We currently store references to these documents.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 26, 2025. Consult Congress.gov for the current record.
AI Conversation Starters
Choose a perspective, copy a prompt, and paste it into your preferred AI. Each prompt includes the bill version and available official source links, and asks for counterarguments as well as supporting evidence.
Analyze S.635 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.
Examine S.635 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.
Examine S.635 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.
Examine S.635 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.