Public Power Risk Management Act of 2013 - Amends the Commodity Exchange Act to direct the Commodity Futures Trading Commission (CFTC), when it determines whether to provide an exemption to designation as a swap dealer, to treat a utility operations-related swap entered into with a utility special entity as if such swap were entered into with an entity that is not a special entity. (Thus exempts an entity entering into a utility operations-related swap with a utility special entity from mandatory registration as a swap dealer.)
Requires transactions in utility operations-related swaps to be reported according to requirements for the reporting of uncleared swaps.
Defines "utility special entity" as a special entity, or any instrumentality, department, or corporation of or established by a state or local government, that: (1) owns or operates an electric or natural gas facility or an electric or natural gas operation; (2) supplies natural gas or electric energy to another utility special entity; (3) has public service obligations under federal, state, or local law or regulation to deliver electric energy or natural gas service to customers; or (4) is a federal power marketing agency.
Redefines swap to include a utility operations-related swap.
Defines "utility operations-related swap" as one that: (1) is entered into to hedge or mitigate commercial risk; (2) is associated with specified transactions in electric energy or natural gas; and (3) is not a contract, agreement, or transaction based on, derived on, or referencing
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2013-06-13 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. | Senate |
| 2013-06-12 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
| 2013-06-12 | Vote | On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 423 - 0 (Roll no. 219). (text: CR H3307) | House floor actions |
| 2013-06-12 | Floor | Considered as unfinished business. (consideration: CR H3332-3333) | House floor actions |
| 2013-06-12 | Floor | At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. | House floor actions |
| 2013-06-12 | Floor | DEBATE - The House proceeded with forty minutes of debate on H.R. 1038. | House floor actions |
| 2013-06-12 | Floor | Considered under suspension of the rules. (consideration: CR H3307-3309) | House floor actions |
| 2013-06-12 | Floor | Mr. LaMalfa moved to suspend the rules and pass the bill. | House floor actions |
| 2013-06-12 | Committee | Reported by the Committee on Agriculture. H. Rept. 113-107. | House floor actions |
| 2013-06-12 | Calendars | Placed on the Union Calendar, Calendar No. 76. | House floor actions |
| 2013-03-20 | Committee | Ordered to be Reported by Voice Vote. | House committee actions |
| 2013-03-20 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2013-03-14 | Committee | Committee Hearings Held. | House committee actions |
| 2013-03-11 | IntroReferral | Referred to the House Committee on Agriculture. | House floor actions |
| 2013-03-11 | IntroReferral | Introduced in House | Library of Congress |