Page:United States Statutes at Large Volume 103 Part 1.djvu/187

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PUBLIC LAW 101-60—JULY 26, 1989 103 STAT. 159 (3) Section 313 (15 U.S.C. 3373) is amended by inserting ", as such section was in effect on January 1, 1989" after "section 107(c)" both places it appears, and after "section 105(b)(3)(B)" both places it appears. (4) Section 501(c) (15 U.S.C. 3411(c)) is repealed. (5) Section 503 (15 U.S.C. 3413) is repealed. (6) Section 504(a) (15 U.S.C. 3414(a)) is amended by striking "person" and all that follows through "to otherwise" and insert- ing in lieu thereof "person to". (7) Section 601 (15 U.S.C. 3431) is amended— (A) by amending subsection (a)(1)(A) to read as follows: "(A) APPLICATION TO FIRST SALES. —For purposes of section Kb) of the Natural Gas Act, the provisions of the Natural Gas Act and the jurisdiction of the Commission under such Act shall not apply to any natural gas solely by reason of any first sale of such natural gas."; (B) by striking subparagraphs (B) and (E) of subsection (a)(1); (C) by redesignating subparagraphs (C) and (D) of subsec- tion (a)(1) as subparagraphs (B) and (C), respectively; (D) in subsection (a)(1)(C) (as redesignated by subpara- graph (C) of this paragraph), by striking "subparagraph (A), (B), or (C)" and inserting in lieu thereof "subparagraph (A) or(B)"; (E) by amending subsection (b)(1)(A) to read as follows: "(A) FIRST SALES.—Except as otherwise provided in this subsection, for purposes of sections 4 and 5 of the Natural Gas Act, any amount paid in any first sale of natural gas shall be deemed to be just and reasonable."; and (F) in subsection (b)(l)(D), by striking "if such amount does not exceed the applicable maximum lawful price estab- lished under title I of this Act". (8) Section 602(a) (15 U.S.C. 3432(a)) is amended— (A) by striking "AUTHORITY TO PRESCRIBE LOWER" and inserting in lieu thereof "AUTHORITY TO PRESCRIBE"; and (B) by striking "which does not exceed the applicable maximum lawful price, if any, under title I of this Act". Approved July 26, 1989. LEGISLATIVE HISTORY—H.R. 1722 (S. 783): HOUSE REPORTS: No. 101-29 (Comm. on Energy and Commerce) and No. 101-100 (C!omm. of Conference). SENATE REPORTS: No. 101-38 accompanying S. 783 (Comm. on Energy and Natural Resources) and No. 101-39 (Comm. on Energy and Natural Resources). CONGRESSIONAL RECORD, Vol. 135 (1989): Apr. 17, considered and passed House. June 8, 9, 13, 14, considered and passed Senate, amended. June 22, Senate agreed to conference report. July 12, House agreed to conference report. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 25 (1989): July 26, Presidential remarks and statement.