S. 1242 — Introduced in Senate

II 114th CONGRESS 1st Session S. 1242 IN THE SENATE OF THE UNITED STATES May 7, 2015 Mr. King introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources A BILL To amend the Natural Gas Act to require the Federal Energy Regulatory Commission to consider regional constraints in natural gas supply and whether a proposed LNG terminal would benefit regional consumers of natural gas before approving or disapproving an application for the LNG terminal, and for other purposes. 1. Short title This Act may be cited as the Regional Gas Consumer Protection Act. 2. Required considerations for approval or disapproval of applications for LNG terminals Section 3(e) of the Natural Gas Act (15 U.S.C. 717b(e)) is amended by adding at the end the following: (5) Required considerations Before the Commission may approve or disapprove an application for the siting, construction, expansion, or operation of an LNG terminal under this subsection, the Commission shall consider— (A) regional constraints in the natural gas supply of the United States; and (B) whether the application includes provisions of benefit to the regional consumers of natural gas that would be affected by the exportation of natural gas. .