§ 60502. —  Federal Energy Regulatory Commission.


[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
  January 7, 2003 and December 19, 2003]
[CITE: 49USC60502]

 
                        TITLE 49--TRANSPORTATION
 
                        SUBTITLE VIII--PIPELINES
 
               CHAPTER 605--INTERSTATE COMMERCE REGULATION
 
Sec. 60502. Federal Energy Regulatory Commission

    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.

(Pub. L. 103-272, Sec. 1(e), July 5, 1994, 108 Stat. 1329.)

                                          Historical and Revision Notes
----------------------------------------------------------------------------------------------------------------
           Revised  Section                    Source (U.S. Code)               Source (Statutes at Large)
----------------------------------------------------------------------------------------------------------------
60502.................................  42:7172(b).                      Aug. 4, 1977, Pub. L. 95-91, Sec.
                                                                          402(b), 91 Stat. 584.
                                        49:101 (note prec.).             Oct. 17, 1978, Pub. L. 95-473, Sec.
                                                                          4(c)(1)(B), (2) (related to Sec.
                                                                          402(b) of Department of Energy
                                                                          Organization Act), 92 Stat. 1470.
----------------------------------------------------------------------------------------------------------------

    The words ``duties and powers . . . that were vested . . . in'' are 
coextensive with, and substituted for, ``transferred to, and vested in . 
. . all functions and authority of'' for clarity and to eliminate 
unnecessary words. The word ``regulatory'' is omitted as surplus. The 
words ``on October 1, 1977'' are added to reflect the effective date of 
the transfer of the duties and powers to the Federal Energy Regulatory 
Commission.

  Abolition of Interstate Commerce Commission and Transfer of Functions

    Interstate Commerce Commission abolished and functions of Commission 
transferred, except as otherwise provided in Pub. L. 104-88, to Surface 
Transportation Board effective Jan. 1, 1996, by section 702 of this 
title, and section 101 of Pub. L. 104-88, set out as a note under 
section 701 of this title. References to Interstate Commerce Commission 
deemed to refer to Surface Transportation Board, a member or employee of 
the Board, or Secretary of Transportation, as appropriate, see section 
205 of Pub. L. 104-88, set out as a note under section 701 of this 
title.

                  Section Referred to in Other Sections

    This section is referred to in section 60501 of this title; title 42 
section 7174.






























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