H.R. 3656 (101st): Gas Related Activities Act of 1990

Introduced:
Nov 14, 1989 (101st Congress, 1989–1990)
Status:
Signed by the President
Slip Law:
This bill became Pub.L. 101-572.
Sponsor
Edward “Ed” Markey
Representative for Massachusetts's 7th congressional district
Party
Democrat
Text
Read Text »
Last Updated
Nov 15, 1990
Length
Related Bills
H.R. 5224 (Related)
Gas Related Activities Act of 1990

Referred to Committee
Last Action: Jun 28, 1990

H.Res. 405 (Related)
To provide for the correction of the engrossment of H.R. 3656.

Agreed To (Simple Resolution)
Jun 05, 1990

 
Status

This bill was enacted after being signed by the President on November 15, 1990.

Progress
Introduced Nov 14, 1989
Referred to Committee Nov 14, 1989
Reported by Committee Mar 13, 1990
Passed House May 08, 1990
Passed Senate with Changes Oct 27, 1990
House Agreed to Changes Oct 27, 1990
Signed by the President Nov 15, 1990
 
Full Title

An act to clarify the application of the functional relationship test to gas utility holding companies registered under the Public Utility Holding Company Act of 1935.

Summary

No summaries available.

Cosponsors
4 cosponsors (3D, 1R) (show)
Committees

House Energy and Commerce

Senate Banking, Housing, and Urban Affairs

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


10/27/1990--Passed Senate amended.
Gas Related Activities Act of 1990 - Declares that the acquisition by a registered public utility holding company of any interest in a natural gas company (or a company engaged in specified natural gas-related activities including gas supply-related activities) shall be deemed to be reasonably incidental and economically necessary, for purposes of the Public Utility Holding Company Act of 1935, to the operation of the gas utility companies whose voting securities the holding company owns.
(This makes any gas-related activities functionally related to the gas distribution business, thus meeting the requirements of such Act, regardless of whether the local distribution company involved is affiliated or unaffiliated with the holding company.) Requires, where the company whose interest is acquired is organized for gas-supply related activities, that:
(1) the company proposing the acquisition must prove that it is in the interest of gas consumers;
(2) the Securities and Exchange Commission must determine that such acquisition will not be detrimental to gas consumers; and
(3) such determination shall be made on a case-by-case basis and shall not be based on any preset criteria.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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