Expedite Our Economy Act of 2013

Bill: 113-hr-2471
Sponsor: full_name: Rep. Poe, Ted [R-TX-2]
Introduced: 2013-06-20
Policy area: Energy
Subjects: Administrative law and regulatory procedures

Competitiveness, trade promotion, trade deficits

Congressional oversight

Department of Energy

Executive agency funding and structure

Federal Energy Regulatory Commission (FERC)

Oil and gas

Trade restrictions
Latest action: action_date: 2013-07-09
text: Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade.

Summaries:
action_date: 2013-06-20
action_desc: Introduced in House
text: <p>Expedite Our Economy Act of 2013 - Amends the Department of Energy Organization Act to transfer from the Secretary of Energy to the Federal Energy Regulatory Commission (FERC) the regulation of the exportation of natural gas under the Natural Gas Act.</p> <p>Directs the Secretary of State to report to Congress on: (1) how the economic policies of foreign countries with natural gas resources and reserves relate to the development and production of their natural gas resources and reserves, as well as the extent and status of their natural gas resources and reserves; (2) the potential of such countries to export their natural gas production to the global market, including the impact of such exports upon the global market; and (3) U.S. actions to foster natural gas exports to foreign countries having an interest in importing natural gas from the United States.<BR> <BR> </p>

tv_txt: I 113th CONGRESS 1st Session H. R. 2471 IN THE HOUSE OF REPRESENTATIVES June 20, 2013 Mr. Poe of Texas (for himself and Mr. Hall ) introduced the following bill; which was referred to the Committee on Energy and Commerce , and in addition to the Committee on Foreign Affairs , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To amend the Department of Energy Organization Act to transfer regulatory authority over exports of natural gas from the Secretary of Energy to the Federal Energy Regulatory Commission, and for other purposes.

1. Short title This Act may be cited as the Expedite Our Economy Act of 2013 . 2. Jurisdiction of the Federal Energy Regulatory Commission (a) Transfer of functions Section 402(a)(1) of the Department of Energy Organization Act ( 42 U.S.C. 7172(a)(1) ) is amended— (1) in subparagraph (E), by striking ; and and inserting a semicolon; (2) in subparagraph (F), by striking the period at the end and inserting ; and ; and (3) by adding at the end the following new subparagraph: (G) the regulation of the exportation of natural gas under section 3 of the Natural Gas Act. . (b) Conforming amendment Section 402(f) of the Department of Energy Organization Act ( 42 U.S.C. 7172(f) ) is amended by striking the exports or imports of natural gas or electricity and inserting the imports of natural gas, or the exports or imports of electricity, . 3. Report on global exports of natural gas production Not later than 180 days after the date of the enactment of this Act, the Secretary of State shall submit to Congress a report on the following: (1) The economic policies of foreign countries with natural gas resources and reserves as such policies relate to the development and production of their natural gas resources and reserves and the extent and status of their natural gas resources and reserves. (2) The potential to export the natural gas production of such foreign countries to the global market and the impact of the export of such natural gas production on the global market. (3) A description of actions taken by the United States Government to foster natural gas exports to foreign countries that may have an interest in importing natural gas from the United States.