LNG Now Act of 2017

To terminate the prohibitions on the exportation and importation of natural gas, and for other purposes. 1. Short title This Act may be cited as the License Natural Gas Now Act of 2017 LNG Now Act of 2017 2. Findings Congress finds that— (1) the exportation of natural gas produced in the United States is in the interest of the United States; and (2) because natural gas produced in the United States has a lower greenhouse gas emissions profile than other energy sources used in high volumes in other countries, the exportation of natural gas from the United States may help lower global emissions of carbon dioxide. 3. Exportation or importation of natural gas (a) In general Section 3 of the Natural Gas Act ( 15 U.S.C. 717b (1) by striking the section heading and all that follows through (a) After 3. Exportation or importation of natural gas; LNG terminals (a) Authorization To export or import natural gas (1) In general After ; (2) in subsection (a)— (A) in paragraph (1) (as so designated)— (i) in the second sentence, by striking , unless, without modification or delay. (ii) in the third sentence, by striking by its order condition the order on a requirement that the applicant, on request, provide relevant data to the Commission to facilitate the information collection and statistical activities of the Commission. (B) by adding at the end the following: (2) Authority to limit exportation of natural gas (A) Major disaster or emergency in United States If the President declares a major disaster or emergency under the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5121 (B) National emergency under International Emergency Economic Powers Act If the President declares a national emergency under section 202 of the International Emergency Economic Powers Act ( 50 U.S.C. 1701 (3) Prohibitions (A) Prohibition on restricting natural gas importation or exportation Except as provided in paragraphs (1) and (2) or in any Federal authorization to export natural gas from the United States to a foreign country or to import natural gas into the United States from a foreign country in effect on the date of enactment of the LNG Now Act of 2017 (i) the exportation of natural gas from the United States to a foreign country; or (ii) the importation of natural gas into the United States from a foreign country. (B) Secretary of Energy prohibition The Secretary of Energy shall not treat, on the basis of national origin, any imported natural gas on an unjust, unreasonable, unduly discriminatory, or preferential basis. (4) Consideration of imported natural gas as a first sale The importation of natural gas into the United States from a foreign country shall be considered to be a first sale (as defined in section 2 of the Natural Gas Policy Act of 1978 ( 15 U.S.C. 3301 ; (3) by striking subsections (b) and (c); and (4) by redesignating subsections (d) through (f) as subsections (b) through (d), respectively. (b) Effect The amendments made by subsection (a) shall not affect any Federal authorization to export natural gas from the United States to a foreign country or to import natural gas into the United States from a foreign country in effect on the date of enactment of the LNG Now Act of 2017 4. Report on fostering natural gas exports Not later than 180 days after the date of the enactment of this Act, the Secretary of Energy shall submit to Congress a report describing actions taken by the United States Government, and actions that could be taken by the United States Government, to foster the exportation of natural gas from the United States to foreign countries. 5. Report on existing regulations Not later than 180 days after the date of the enactment of this Act, the Secretary of Energy shall submit to Congress a report that identifies regulations in effect as of such date of enactment that inhibit the growth of the market for natural gas exported from the United States. 6. Rule of construction (a) In general Nothing in this Act or an amendment made by this Act shall be construed to limit the authority of the President under— (1) the Constitution of the United States; (2) the International Emergency Economic Powers Act ( 50 U.S.C. 1701 (3) the National Emergencies Act ( 50 U.S.C. 1601 (4) the Trading With the Enemy Act ( 50 U.S.C. 4301 (5) any other provision of law that imposes sanctions with respect to a foreign person or foreign government (including any provision of law that prohibits or restricts a United States person from engaging in a transaction with a sanctioned person or government), including a foreign government that is designated as a state sponsor of terrorism. (b) State sponsor of terrorism defined In this section, the term state sponsor of terrorism (1) section 6(j)(1)(A) of the Export Administration Act of 1979 ( 50 U.S.C. 4605(j)(1)(A) 50 U.S.C. 1701 (2) section 620A(a) of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2371(a) (3) section 40(d) of the Arms Export Control Act ( 22 U.S.C. 2780(d) (4) any other provision of law.

Summary: License Natural Gas Now Act of 2017 or the LNG Now Act of 2017 This bill amends the Natural Gas Act to prohibit the federal government from imposing any restriction on the importation and exportation of natural gas. The bill does not limit the President's ability to restrict the importation or exportation of natural gas: (1)during national emergencies or disasters, and (2)to foreign countries if the President declares a national emergency with respect to such country.