#aaeth ,,congress #ast ,session ,h4 ,r4 #ehg ,,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 review4 #a4 ,short title ,this ,act may be cited as the ,fair ,ratepayer ,accountability1 ,transparency1 and ,efficiency ,standards ,act or the ,fair ,,rates ,act4 #b4 ,amendment to the ,federal ,power ,act ,subsection 7d7 of section #bje of the ,federal ,power ,act 7#af ,u4,s4,c4 #hbd;d7d77 is amended by adding at the end the following3 ,any absence of action by the ,commission that allows a change to take effect under this section1 including the ,commission allowing the #fj days' notice herein provided to expire without ,commission action1 shall be treated as an order issued by the ,commission accepting such change for purposes of section #cac44 ,passed the ,house of ,representatives ,january #bc1 #bjag4;,clerk4