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S. 2494

BillFederalSenateIn Committee
Fair RATES Act
About This Bill
Committee
Latest Action · February 3, 2016
Read twice and referred to the Committee on Energy and Natural Resources.
Congress
114th (2015–2017)
Introduced
February 3, 2016
Cosponsors (3)
3D 0R
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Summary

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Fair Ratepayer Accountability, Transparency, and Efficiency Standards Act or the Fair RATES Act This bill amends the Federal Power Act to permit a party to seek a rehearing and subsequent judicial review of any rate change filed by a public utility that takes effect without the Federal Energy Regulatory Commission (FERC) issuing an order making such change effective. (Public utilities must give FERC and the public a 60-day notice before a proposed rate change can take effect.)

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