Public utility holding Company Act amendments. Hearing before the Subcommittee on Energy Conservation and Power and the Subcommittee on Telecommunications, Consumer Protection, and Finance, of the Committee on Energy and Commerce House of Representatives Ninety-Eighth Congress, First Session, on H. R. 2994 October 31, 1983
Utility representatives and members of the financial community testified on a proposed amendment (H.R. 2994) to the 1935 Public Utility Holding Company Act. The purpose of the original act, restructuring the holding company system to eliminate abuses, has been accomplished with the reduction of holding companies from over 200 to nine electric and three gas utilities that are registered. The current amendment simplifies administration and gives utilities more flexibility in their financial transactions. The witnesses were asked to comment on the effects that deregulation and diversification will have. The hearing record includes the text of H.R. 2994, the testimony of 14 witnesses, and additional material submitted by the witnesses and others for the record. (DCK)
- OSTI ID:
- 7141282
- Country of Publication:
- United States
- Language:
- English
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