H.R. 587 — Engrossed in House

115th CONGRESS 1st Session H. R. 587 AN ACT To amend the Federal Power Act to provide that any inaction by the Federal Energy Regulatory Commission that allows a rate change to go into effect shall be treated as an order by the Commission for purposes of rehearing and court review. 1. Short title This Act may be cited as the Fair Ratepayer Accountability, Transparency, and Efficiency Standards Act or the Fair RATES Act. 2. Amendment to the Federal Power Act Subsection (d) of section 205 of the Federal Power Act (16 U.S.C. 824d(d)) is amended by adding at the end the following: Any absence of action by the Commission that allows a change to take effect under this section, including the Commission allowing the 60 days’ notice herein provided to expire without Commission action, shall be treated as an order issued by the Commission accepting such change for purposes of section 313.. Passed the House of Representatives January 23, 2017.Clerk.