,,ii  #aaeth ,,congress  #ast ,session  
,s4 #ahf  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,january #bc1       
#bjag,mr4 ,markey 7for himself1 ,ms4    
,warren1 ,mr4 ,whitehouse1 and ,mr4     
,reed7 introduced the following bill2   
which was read twice and referred to the
 ,committee on ,energy and ,natural     
,resources  ,a ,,bill  ,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 ,section #bje7;d7  
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 section 7including the       
,commission allowing the #fj days of    
notice provided under this section to   
expire without ,commission action7 shall
 be considered to be an order issued by 
the ,commission accepting the change for
 purposes of section #cac44