S 4171
MPACT Act
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Making Pipelines Accountable to Consumers and Taxpayers Act (MPACT Act) amends the Natural Gas Act to give the Federal Energy Regulatory Commission (FERC) the power to order natural gas companies to refund consumers for rates or charges deemed unjust, unreasonable, or discriminatory. The bill requires companies to provide bonds, maintain detailed records, and prioritize refund decisions. It also establishes a process for determining refund effective dates and mandates that companies refund amounts to affected consumers with interest. Furthermore, the act includes a study requirement for FERC to assess the impact of these changes on company costs and proceedings resolution times.
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