§ 777. — Economic analysis of proposed actions.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 15USC777]
TITLE 15--COMMERCE AND TRADE
CHAPTER 16B--FEDERAL ENERGY ADMINISTRATION
SUBCHAPTER I--FEDERAL ENERGY ADMINISTRATION
Sec. 777. Economic analysis of proposed actions
(a) Scope of analysis
In carrying out the provisions of this chapter, the Administrator
shall, to the greatest extent practicable, insure that the potential
economic impacts of proposed regulatory and other actions are evaluated
and considered, including but not limited to an analysis of the effect
of such actions on--
(1) the fiscal integrity of State and local governments;
(2) vital industrial sectors of the economy;
(3) employment, by industrial and trade sectors, as well as on a
national, regional, State, and local basis;
(4) the economic vitality of regional, State, and local areas;
(5) the availability and price of consumer goods and services;
(6) the gross national product;
(7) low and middle income families as defined by the Bureau of
Labor Statistics;
(8) competition in all sectors of industry; and
(9) small business.
(b) Conservation measures
The Administrator shall develop analyses of the economic impact of
various conservation measures on States or significant sectors thereof,
considering the impact on both energy for fuel and energy as feed stock
for industry.
(c) Explicit analyses; interagency cooperation; other review and cause
of action provisions
Such analyses shall, wherever possible, be made explicit, and to the
extent possible, other Federal agencies and agencies of State and local
governments which have special knowledge and expertise relevant to the
impact of proposed regulatory or other actions shall be consulted in
making the analyses and all Federal agencies are authorized and directed
to cooperate with the Administrator in preparing such analyses:
Provided, That the Administrator's actions pursuant to this section
shall not create any right of review or cause of action except as would
otherwise exist under other provisions of law.
(d) Monitoring economic impact of energy actions; report and
recommendations to Congress
The Administrator, together with the Secretaries of Labor and
Commerce, shall monitor the economic impact of any energy actions taken
by the Administrator, and shall provide the Congress with an annual
report on the impact of the energy shortage and the Administrator's
actions on employment and the economy. Such report shall contain
recommendations as to whether additional Federal programs of employment
and economic assistance should be put into effect to minimize the impact
of the energy shortage and any actions taken.
(e) Industrial or regional discrimination; equal bearing of costs and
burdens of meeting energy shortages
The Administrator shall formulate and implement regulatory and other
actions in a manner (1) which does not unduly discriminate against any
industry or any region of the United States; and (2) designed to insure
that, to the greatest extent possible, the costs and burdens of meeting
energy shortages shall be borne equally by every sector and segment of
the country and of the economy.
(Pub. L. 93-275, Sec. 18, May 7, 1974, 88 Stat. 110; Pub. L. 94-385,
title I, Sec. 109(d), Aug. 14, 1976, 90 Stat. 1130.)
Amendments
1976--Subsec. (d). Pub. L. 94-385 substituted ``an annual report''
for ``a report every six months''.
Termination of Reporting Requirements
For termination, effective May 15, 2000, of provisions in subsec.
(d) of this section relating to providing an annual report to Congress
on the impact of the energy shortage and the Administrator's actions on
employment and the economy, see section 3003 of Pub. L. 104-66, as
amended, set out as a note under section 1113 of Title 31, Money and
Finance, and page 84 of House Document No. 103-7.
Transfer of Functions
Federal Energy Administration terminated and functions vested by law
in Administrator thereof transferred to Secretary of Energy (unless
otherwise specifically provided) by sections 7151(a) and 7293 of Title
42, The Public Health and Welfare.
