Amends the Federal Power Act, as amended by the Energy Policy Act of 2005, to repeal provisions regarding the siting of interstate electric transmission facilities, including: (1) the designation of national interest electric transmission corridors; (2) issuance of permits for the construction or modification of such facilities; (3) acqusition by a permit holder of rights-of-way for such a facility through the exercise of eminent domain in a federal district court; and (4) the consent of Congress to interstate compacts for establishment of regional transmission siting agencies.