Amends the Natural Gas Policy Act of 1978 to prohibit cost passthroughs by an interstate pipeline for imprudent actions on the part of the pipeline. Defines "abuse" and "imprudence" for the purpose of determining whether or not cost passthroughs should be denied. Defines "abuse" to include: (1) take-or-pay clauses; and (2) indefinite price escalator clauses which meet specified criteria. Defines "imprudence" as any action which: (1) is not in the public interest; or (2) materially prevents a pipeline from responding to changes in customer demands or other relevant market factors.
Placed on Union Calendar No: 472.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Consideration and Mark-up Session Held.
Subcommittee Consideration and Mark-up Session Held.
Subcommittee Consideration and Mark-up Session Held.
Subcommittee Consideration and Mark-up Session Held.
Subcommittee Consideration and Mark-up Session Held.
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Subcommittee Consideration and Mark-up Session Held.
Subcommittee Consideration and Mark-up Session Held.
Subcommittee Consideration and Mark-up Session Held.
Subcommittee Consideration and Mark-up Session Held.
Subcommittee Consideration and Mark-up Session Held.
Subcommittee Consideration and Mark-up Session Held.
Clean Bill H.R.4277 Forwarded by Subcommittee to Full Committee in Lieu.