,i #aai? ,,congress #b;d ,session ,h4 ,r4 #gibf ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #ab1 #bjbf ,ms4 ,/ev5s introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce ,a ,,bill ,to e/abli% requirem5ts = :5 ! ,secret>y ( ,en]gy may provide f9ancial assi/ance to regulat$ inve/or own$ electric utilities1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,/op ,unfair ,electricity ,prices ,act4 #b4 ,pres]v+ en]gy af=dability 7a7 ,"o ye> moratorium on provid+ f9ancial assi/ance to c]ta9 inve/or own$ electric utilities 7#a7 ,requirem5t ,not)/&+ any o!r provision ( law relat+ to ! provision ( f9ancial assi/ance by ! ,secret>y1 dur+ ! p]iod ( #a ye> t beg9s on ! date ( enactm5t ( ?is section1 ! ,secret>y may n provide any f9ancial assi/ance to a regulat$ inve/or own$ electric utility t1 aft] ! date ( enactm5t ( ?is section1 *>ges resid5tial electric consum]s a rate = electricity above ! rate = electricity *>g$ by ! utility to resid5tial electric consum]s on ,janu>y #a1 #bjbf4 7#b7 ,t]m9ation ( f9ancial assi/ance ,a regulat$ inve/or own$ electric utility to :i* ! ,secret>y provides f9ancial assi/ance dur+ ! p]iod ( #a ye> t beg9s on ! date ( enactm5t ( ?is section may n *>ge resid5tial electric consum]s a rate = electricity above ! rate = electricity *>g$ by ! utility to resid5tial electric consum]s on ,janu>y #a1 #bjbf dur+ ! p]iod ( #a ye> t beg9s on ! date ( ! enactm5t ( ?is section4 ,if ! ,secret>y det]m9es t a regulat$ inve/or own$ electric utility violates ! prohibition 9 ! prec$+ s5t5ce1 ! ,secret>y %all t]m9ate ! f9ancial assi/ance provid$ by ! ,secret>y to ! utility4 7b7 ,requirem5t = subsequ5t p]iod ( #b ye>s 7#a7 ,requirem5t ,not)/&+ any o!r provision ( law relat+ to ! provision ( f9ancial assi/ance by ! ,secret>y1 dur+ ! p]iod ( #b ye>s t beg9s aft] ! p]iod ( #a ye> describ$ 9 subsection 7a71 ! ,secret>y may n provide any f9ancial assi/ance to a regulat$ inve/or own$ electric utility t1 aft] ! date ( enactm5t ( ?is section1 *>ges resid5tial electric consum]s a rate = electricity above ! rate = electricity *>g$ by ! utility to resid5tial electric consum]s on ,janu>y #a1 #bjbf1 unless ! regulat$ inve/or own$ electric utility-- 7,a7 dur+ su* p]iod ( #b ye>s1 does n provide to ! #e highe/ comp5sat$ employees ( ! utility an am\nt ( total comp5sation t exce$s ! am\nt ( total comp5sation ( ! #e highe/ comp5sat$ employees ( ! utility on ,janu>y #a1 #bjbf2 7,b7 dur+ su* p]iod ( #b ye>s1 at ! "t ( increas+ su* rate1 r$uces ! total comp5sation ( ! #e highe/ comp5sat$ employees ( ! utility by ! am\nt t is twice ! am\nt ( ! p]c5tage po9t increase f ! rate t 0 9 effect on ,janu>y #a1 #bjbf1 to ! new rate2 & 7,c7 submits to ! ,secret>y a report t id5tifies-- 7i7 ! am\nt ( total comp5sation ( ! #e highe/ comp5sat$ employees ( ! utility on ,janu>y #a1 #bjbf2 & 7ii7 ! am\nt ( total comp5sation ( ! #e highe/ comp5sat$ employees ( ! utility z a result ( ! r$uction 9 total comp5sation describ$ 9 subp>agraph 7,b74 7#b7 ,t]m9ation ( f9ancial assi/ance ,if ! ,secret>y det]m9es t a regulat$ inve/or own$ electric utility to :i* ! ,secret>y provid$ f9ancial assi/ance comp5sat$ ! #e highe/ comp5sat$ employees ( ! utility 9 violation ( subp>agraph 7,a7 or 7,b7 ( p>agraph 7#a71 ! ,secret>y %all t]m9ate ! f9ancial assi/ance provid$ by ! ,secret>y to ! utility4 7c7 ,def9itions ,9 ?is section3 7#a7 ,electric consum]2 rate2 /ate regulatory au?ority2 /ate regulat$ electric utility ,! t]ms electric consum]1 rate1 ,/ate regulatory au?ority1 & ,/ate regulat$ electric utility h ! mean+s giv5 su* t]ms1 respectively1 9 section #c ( ! ,public ,utility ,regulatory ,policies ,act ( #aigh 7#af ,u4,s4,c4 #bfjb74 7#b7 ,regulat$ inve/or own$ electric utility ,! t]m regulat$ inve/or own$ electric utility means a ,/ate regulat$ electric utility t is an inve/or own$ electric utility4 7#c7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,en]gy4 7#d7 ,total comp5sation ,! t]m total comp5sation includes any sal>y1 bonuses1 /ock aw>ds1 /ock options1 & any o!r f9ancial remun]ation4