MPACT Act
The MPACT Act requires natural gas companies to prove that rate increases are "just and reasonable" before they take effect, shifting the burden of proof from consumers to the companies. It mandates refunds with interest for overcharged amounts paid during rate review periods, with refunds starting no earlier than complaint filing dates and completed within 150 days. This directly affects natural gas consumers who pay for services and the companies that set those rates. The bill also requires the Federal Energy Regulatory Commission to study the law's impact on costs and processing times after 3-4 years.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2024
Committee Review
Floor Vote
President
Introduced Apr 18, 2024
Last action Apr 18, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Apr 18, 2024
Committee
Read twice and referred to the Committee on Energy and Natural Resources.
upper
Apr 18, 2024
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor
Sponsors
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