legislation: 97-s-3088
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
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| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 97-s-3088 | 97 | s | 3088 | A bill to create competitive conditions in natural gas pricing by prohibiting certain anticompetitive clauses in natural gas contracts. | Energy | 1982-12-08 | 1982-12-08 | Read twice and referred to the Committee on Energy and Natural Resources. | Senate | Sen. Chafee, John H. [R-RI] | RI | R | C000269 | 1 | Amends the Natural Gas Policy Act of 1978 to declare against public policy and unenforceable any provision of any contract for the first sale of natural gas which includes: (1) a take-or-pay clause which commits the purchaser to take delivery of a minimum volume of natural gas for a period of more than one year; or (2) an indefinite price escalator clause. Excludes from the above any contract with a take-or-pay clause for the first sale of natural gas committed or dedicated to interstate commerce on November 8, 1978, and for which a just and reasonable rate under the Natural Gas Act was in effect on such date. | 2025-04-23T11:41:33Z |