The Senate Energy and Natural Resources Committee voted by an overwhelming voice vote Thursday to include in a wide-ranging energy bill a provision repealing the Public Utility Holding Company Act, a 1935 law that restricts mergers and acquisitions in the power-utility sector. The Senate leadership has indicated the energy bill will go before the full Senate soon after members return from their weeklong Memorial Day recess. Three large power deals could hinge on whether the law is repealed.
May 31, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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