HR7786-118

Introduced

To amend the Federal Power Act to authorize the Federal Energy Regulatory Commission to issue permits for the construction and modification of national interest high-impact transmission facilities, and for other purposes.

118th Congress Introduced Mar 21, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Federal Power Act to authorize the Federal Energy Regulatory Commission to issue permits for the construction and modification of national interest high-impact transmission facilities, and for other purposes., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers. The main policy domain is Energy, Environment, Finance.

Who Benefits and How

energy producers, utilities, and energy consumers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, energy producers, utilities, and energy consumers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H75F5027DADD540E79D22250BBAEEF699: 1. Short title This Act may be cited as the Streamlining Powerlines Essential to Electric Demand and Reliability Act of 2024 or the SPEED and Reliability Act...
  • Section HB1D2BC9BB53B4D4FA92715927A63AE6C: 2. Siting of national interest high-impact transmission facilities Section 216 of the Federal Power Act (16 U.S.C. 824p) is amended by adding at the end the...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Federal Power Act to authorize the Federal Energy Regulatory Commission to issue permits for the construction and modification of national interest high-impact transmission facilities, and for other purposes., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.

Key Policy Areas

Energy, Environment, Finance

Primary Purpose

This bill, To amend the Federal Power Act to authorize the Federal Energy Regulatory Commission to issue permits for the construction and modification of national interest high-impact transmission facilities, and for other purposes., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.

Policy Domains

Energy Environment Finance

Whole bill

Identified Gains
  • energy producers, utilities, and energy consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
energy producers, utilities, and energy consumers:
Identified Costs
  • federal implementing agencies
  • energy producers, utilities, and energy consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies:
energy producers, utilities, and energy consumers:

Legislative Progress

Introduced
Introduced Committee Passed
Mar 21, 2024

Mr. Peters introduced the following bill; which was referred to …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Energy Environment Finance
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section
"the_commission"
→ The commission identified in the operative section

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology