Amends the Federal Power Act with respect to the prohibition regarding mergers or consolidations by a public utility. Any merger or consolidation of a public utility whose value exceeds $10 million must first be authorized by the Federal Energy Regulatory Commission (FERC).
Amended in (Senate) committee.
Original sponsor: Rep. Walberg, Tim [R-MI-7]
Cosponsors: Rep. Dingell, Debbie [D-MI-12], Rep. Hudson, Richard [R-NC-8], Rep. McNerney, Jerry [D-CA-9], Rep. Mullin, Markwayne [R-OK-2], Rep. Olson, Pete [R-TX-22], Rep. McKinley, David B. [R-WV-1], Rep. Long, Billy [R-MO-7], Rep. Johnson, Bill [R-OH-6]
Passed House by voice vote.
Passed Senate by voice vote.