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49 U.S.C. § 60502Federal Energy Regulatory Commission

submitted 32 years ago by Pub. L. 103-272 to r/title-49-TRANSPORTATION · 55 words · no verdicts yet

in plain englishAI-generated · not legal advice

FERC holds the same duties and powers over setting oil-pipeline rates and charges, and valuing pipelines, that the Interstate Commerce Commission — or one of its officers or components — held on October 1, 1977.

The Federal Energy Regulatory Commission has the duties and powers relating to setting a rate or charge for transporting oil by pipeline, or to valuing that pipeline, that were vested, on October 1, 1977, in the Interstate Commerce Commission or in an officer or component of that Commission.
the actual law source: uscode.house.gov ↗public domain

The Federal Energy Regulatory Commission has the duties and powers related to the establishment of a rate or charge for the transportation of oil by pipeline or the valuation of that pipeline that were vested on October 1, 1977, in the Interstate Commerce Commission or an officer or component of the Interstate Commerce Commission.

Source credit: (Pub. L. 103–272, § 1(e), July 5, 1994, 108 Stat. 1329.)

history & why it existsrecord from the source credit
  • 1994Enacted · Pub. L. 103-272 · 108 Stat. 1329

A history note hasn’t been published yet. The record shows enactment by Pub. L. 103-272 on 1994-07-05.

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