US Congress Senate Bill 1272 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on May 11 2015 - 25% progression, died in chamber
Action: 2015-05-19 - Committee on Energy and Natural Resources. Hearings held.
Text: Latest bill text (Introduced) [PDF]

A bill to direct the Comptroller General of the United States to conduct a study on the effects of forward capacity auctions and other capacity mechanisms. This bill directs the Government Accountability Office to study the effects of forward capacity auctions or other capacity mechanisms established by Independent System Operators or Regional Transmission Organizations with respect to: consumer prices for electricity; installation of new electrical generation systems; preservation of existing electrical generation systems; and competition in energy markets, including the potential for the use of undue market power or manipulation in the auctions. The report to Congress on the study must assess whether the auctions or capacity mechanisms are producing rates that are just and reasonable.

A bill to direct the Comptroller General of the United States to conduct a study on the effects of forward capacity auctions and other capacity mechanisms.

Sen. Edward Markey [D-MA]

Sen. Elizabeth Warren [D-MA]

Date	Chamber	Action
2015-05-19	Senate	Committee on Energy and Natural Resources. Hearings held.
2015-05-11	Senate	Read twice and referred to the Committee on Energy and Natural Resources.

SB2089 (Related) 2015-09-29 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 241.

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/senate-bill/1272/all-info
Text	https://www.congress.gov/114/bills/s1272/BILLS-114s1272is.pdf