The Public Utility Holding Company Act of 1997--S. 621: Hearing Before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Fifth Congress, First Session, on S. 621 ... April 29, 1997, Volumen4U.S. Government Printing Office, 1998 - 310 páginas |
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Página 1
... considering is the Public Utility Holding Company Act; known as PUHCA — "puka" or "pooka" — depending on where you come from and not to be confused with PURPA. [Laughter.] Today we will be looking at S. 621, the Public Utility Holding ...
... considering is the Public Utility Holding Company Act; known as PUHCA — "puka" or "pooka" — depending on where you come from and not to be confused with PURPA. [Laughter.] Today we will be looking at S. 621, the Public Utility Holding ...
Página 7
... considering is the Public Utility Holding Company Act ; known as PUHCA- " puka " or " pooka " depending on where you come from and not to be confused with PURPÅ . [ Laughter . ] Today we will be looking at S. 621 , the Public Utility ...
... considering is the Public Utility Holding Company Act ; known as PUHCA- " puka " or " pooka " depending on where you come from and not to be confused with PURPÅ . [ Laughter . ] Today we will be looking at S. 621 , the Public Utility ...
Página 7
... consider three legislative options . The SEC's preferred option is a conditional repeal of the 1935 Act . Under that option , Congress would repeal the 1935 Act , but at the same time provide authority relating to affiliate transactions ...
... consider three legislative options . The SEC's preferred option is a conditional repeal of the 1935 Act . Under that option , Congress would repeal the 1935 Act , but at the same time provide authority relating to affiliate transactions ...
Página 12
... can effectively regulate inter - state and , indeed , even international activities with the kind of holding companies that are currently regulated by PUHCA . I'm afraid the legislation we are considering today is a 12 Senator Bryan.
... can effectively regulate inter - state and , indeed , even international activities with the kind of holding companies that are currently regulated by PUHCA . I'm afraid the legislation we are considering today is a 12 Senator Bryan.
Página 13
... considering today is a case of putting the cart before the horse . As imperfect and out - of - date as PUHCA may be , it simply does not appear prudent to allow these large holding companies to be free from regulation , in effect , en ...
... considering today is a case of putting the cart before the horse . As imperfect and out - of - date as PUHCA may be , it simply does not appear prudent to allow these large holding companies to be free from regulation , in effect , en ...
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abuses acquisition affiliate transactions agencies approval argue assets authority benefits books and records capacity Chairman CINergy commenters Commission's Committee concerns Congress consolidation consumer protection corporate costs customer choice diversification Docket effect electric industry electric power industry electric utility electricity markets Enova Energy ensure entities factors Federal Power Act FERC filed geographic markets Guidelines hearing Holding Company Act holding company systems issues jurisdictional facilities legislation market concentration market power merger applicants Merger Policy merging mitigate monopoly Morgan Stanley NARUC natural gas non-utility NorAm Energy open access operating Policy Statement potential power marketer proposed merger public interest Public Utility Holding PUHCA repeal rate-payers rates registered holding companies regulation relevant repeal of PUHCA require restructuring retail SDG&E SEC's section 203 Senator Southern Company structure suggest sumers suppliers transmission constraints utility companies utility holding companies utility subsidiaries wholesale
Pasajes populares
Página 49 - ... necessary or appropriate in the public interest and consistent with the protection of investors and the purposes fairly intended by the policy and provisions of this title.
Página 290 - State regulation of such companies, or when control of such companies is exerted through disproportionately small investment; (4) when the growth and extension of holding companies bears no relation to economy of management and operation or the integration and coordination of related operating properties...
Página 48 - Public Utility Holding Company Act Amendments: Hearings on S. 1869, S. 1870 and S. 1871 Before the Subcomm. on Securities of the Senate Comm. on Banking, Housing, and Urban Affairs, 97th Cong., 2d Sess.
Página 69 - Demands that utility acquisitions "serve the public interest by tending toward the economical and efficient development of an integrated public-utility system.
Página 82 - ... reasonably incidental, or economically necessary or appropriate
Página 54 - NARUC's members regulate the retail rates and services of electric, gas, water and telephone utilities. We have the obligation under state law to assure the establishment and maintenance of such energy utility services as may be required by the public convenience and necessity, and to ensure that such services are provided at rates and conditions that are just, reasonable and nondiscriminatory for all consumers.
Página 61 - Commission under the Securities Act of 1933, the Securities Exchange Act of 1934, the Public Utility Holding Company Act of 1935, the...
Página 117 - After notice and opportunity for hearing, if the Commission finds that the proposed disposition, consolidation, acquisition, or control will be consistent with the public interest, it shall approve the same.
Página 138 - No public utility shall sell, lease, or otherwise dispose of the whole of its facilities subject to the jurisdiction of the Commission, or any part thereof of a value in excess of $50,000, or by any means whatsoever, directly, or indirectly, merge or consolidate such facilities or any part thereof with those of any other person, or purchase, acquire, or take any security of any other public utility, without first having secured an order of the Commission authorizing it to do so.
Página 117 - ... (b) No natural-gas company shall abandon all or any portion of its facilities subject to the jurisdiction of the Commission, or any service rendered by means of such facilities, without the permission and approval of the Commission first had and obtained, after due hearing, and a finding by the Commission that the available supply of natural gas is depleted to the extent that the continuance of...