,,ii #aaf? ,,congress #a/ ,session ,s4 #bgga ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,novemb] #e1 #bjai,mr4 ,blum5?al 7= himself & ,mr4 ,burr7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,en]gy & ,natural ,res\rces ,a ,,bill ,to am5d ! ,natural ,gas ,act to protect consum]s f excessive rates1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,mak+ ,pipel9es ,acc\ntable to ,consum]s & ,taxpay]s ,act or ! ,,mpact ,act4 #b4 ,he>+ on *ang$ rates or *>ges ,section #d7;e7 ( ! ,natural ,gas ,act 7#ae ,u4,s4,c4 #gag;c7e77 is am5d$ by /rik+ ! ?ird & f\r? s5t5ces & ins]t+ ! foll[+3 ,:]e *anges 9 rates or *>ges are ?us made effective1 ! ,commission may1 by ord]1 require ! natural-gas company to furni% a bond1 to be approv$ by ! ,commission1 to refund any am\nts ord]$ by ! ,commission1 to keep accurate acc\nts 9 detail ( all am\nts receiv$ by reason ( ^? *anges1 specify+ by :om & 9 ^: behalf ^? am\nts 7 paid1 &1 on completion ( ! he>+ & decision1 to ord] ! natural-gas company to refund1 ) int]e/1 ! portion ( ^? rates or *>ges by its decision f\nd n ju/ifi$4 ,at any he>+ involv+ a rate or *>ge s\ght to be *ang$1 ! burd5 ( pro( to %[ t ! *ang$ rate or *>ge is j & reasonable %all be on ! natural-gas company1 & ! ,commission %all give to ! he>+ & decision ( su* que/ions pref]5ce ov] o!r que/ions p5d+ be=e ! ,commission & decide ! same z spe$ily z possible44 #c4 ,refunds ,section #e ( ! ,natural ,gas ,act 7#ae ,u4,s4,c4 #gag;d7 is am5d$-- 7#a7 by r$esignat+ subsection 7b7 z subsection 7d72 & 7#b7 ins]t+ aft] subsection 7a7 ! foll[+3 7b7 ,refunds 7#a7 ,9 g5]al ,at ! conclusion ( any he>+ "u ?is section 9 :i* refunds ( am\nts t h be5 paid are requir$1 ! ,commission %all ord] ! natural-gas company to make ^? refunds = ! p]iod beg9n+ on ! refund effective date e/abli%$ "u p>agraph 7#c7 & end+ on ! date on :i* ! new rate e/abli%$ by ! ,commission "u subsection 7a7 takes effect 9 am\nts 9 excess ( ^? am\nts t w\ld h be5 paid "u ! j & reasonable rate1 *>ge1 classification1 rule1 regulation1 practice1 or contract t ! ,commission ord]s to be obs]v$ & 9 =ce4 7#b7 ,requirem5t ,! refunds requir$ "u p>agraph 7#a7 %all be made1 ) int]e/1 to ! p]sons :o h paid ! rates or *>ges t are ! subject ( ! he>+4 7#c7 ,effective date 7,a7 ,9 g5]al ,! ,commission %all e/abli% ! refund effective date 9 accordance ) ?is p>agraph4 7,b7 ,he>+s initiat$ on compla9t ,9 ! case ( a he>+ initiat$ on a compla9t1 ! refund effective date %all be-- 7i7 n e>li] ?an ! date on :i* ! compla9t 0 fil$2 & 7ii7 n lat] ?an #aej days aft] t date4 7,c7 ,he>+ initiat$ on motion ( ,commission ,9 ! case ( a he>+ initiat$ by ! ,commission on its own motion1 ! refund effective date %all be-- 7i7 n e>li] ?an ! date on :i* ! ,commission publi%es notice ( ! int5t to initiate ! he>+2 & 7ii7 n lat] ?an #aej days aft] t date4 7c7 ,no f9al decision ,if ! ,commission has n r5d]$ a f9al decision = a he>+ "u ?is section by ! end ( ! #ahj-;day p]iod beg9n+ on ! date on :i* ! he>+ is initiat$1 ! ,commission %all /ate-- 7#a7 ! reasons :y ! ,commission has fail$ to r5d] a decision2 & 7#b7 ! be/ e/imate ( ! ,commission z to :5 ! ,commission reasonably expects to r5d] ! decision4 4 #d4 ,effect 7a7 ,9 g5]al ,! am5dm5ts made by sections #b & #c %all n apply to any proce$+ "u ! ,natural ,gas ,act 7#ae ,u4,s4,c4 #gag et seq47 comm5c$ be=e ! date ( enactm5t ( ?is ,act4 7b7 ,refil+ )\t prejudice ,a proce$+ "u ! ,natural ,gas ,act 7#ae ,u4,s4,c4 #gag et seq47 comm5c$ be=e ! date ( enactm5t ( ?is ,act may be )drawn & refil$ )\t prejudice4 #e4 ,/udy 7a7 ,9 g5]al ,n e>li] ?an #c ye>s & n lat] ?an #d ye>s aft] ! date ( enactm5t ( ?is ,act1 ! ,f$]al ,en]gy ,regulatory ,commission %all conduct a /udy on ! effect ( ! am5dm5ts made by sections #b & #c4 7b7 ,requirem5ts ,! /udy "u subsection 7a7 %all include an analysis (-- 7#a7 ! impact1 if any1 ( ! am5dm5ts made by sections #b & #c on ! co/ ( capital paid by natural-gas companies 7z def9$ 9 section #b ( ! ,natural ,gas ,act 7#ae ,u4,s4,c4 #gag;a772 7#b7 any *ange 9 ! av]age "t tak5 to resolve proce$+s "u sections #d & #e ( ! ,natural ,gas ,act 7#ae ,u4,s4,c4 #gag;c1 #gag;d72 & 7#c7 su* o!r matt]s z ! ,f$]al ,en]gy ,regulatory ,commission may det]m9e to be appropriate & 9 ! public int]e/4 7c7 ,report ,on completion ( ! /udy "u subsection 7a71 ! ,f$]al ,en]gy ,regulatory ,commission %all submit to ! ,committee on ,en]gy & ,natural ,res\rces ( ! ,s5ate & ! ,committee on ,en]gy & ,comm]ce ( ! ,h\se ( ,repres5tatives a report describ+ ! results ( ! /udy4