Expedite Our Economy Act of 2013

Expedite Our Economy Act of 2013 - Amends the Department of Energy Organization Act to transfer from the Secretary of Energy to the Federal Energy Regulatory Commission (FERC) the regulation of the exportation of natural gas under the Natural Gas Act.

Directs the Secretary of State to report to Congress on: (1) how the economic policies of foreign countries with natural gas resources and reserves relate to the development and production of their natural gas resources and reserves, as well as the extent and status of their natural gas resources and reserves; (2) the potential of such countries to export their natural gas production to the global market, including the impact of such exports upon the global market; and (3) U.S. actions to foster natural gas exports to foreign countries having an interest in importing natural gas from the United States.

[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2471 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                H. R. 2471

    To amend the Department of Energy Organization Act to transfer 
regulatory authority over exports of natural gas from the Secretary of 
   Energy to the Federal Energy Regulatory Commission, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             June 20, 2013

 Mr. Poe of Texas (for himself and Mr. Hall) introduced the following 
 bill; which was referred to the Committee on Energy and Commerce, and 
  in addition to the Committee on Foreign Affairs, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
  of such provisions as fall within the jurisdiction of the committee 
                               concerned

_______________________________________________________________________

                                 A BILL


 
    To amend the Department of Energy Organization Act to transfer 
regulatory authority over exports of natural gas from the Secretary of 
   Energy to the Federal Energy Regulatory Commission, and for other 
                               purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Expedite Our Economy Act of 2013''.

SEC. 2. JURISDICTION OF THE FEDERAL ENERGY REGULATORY COMMISSION.

    (a) Transfer of Functions.--Section 402(a)(1) of the Department of 
Energy Organization Act (42 U.S.C. 7172(a)(1)) is amended--
            (1) in subparagraph (E), by striking ``; and'' and 
        inserting a semicolon;
            (2) in subparagraph (F), by striking the period at the end 
        and inserting ``; and''; and
            (3) by adding at the end the following new subparagraph:
            ``(G) the regulation of the exportation of natural gas 
        under section 3 of the Natural Gas Act.''.
    (b) Conforming Amendment.--Section 402(f) of the Department of 
Energy Organization Act (42 U.S.C. 7172(f)) is amended by striking 
``the exports or imports of natural gas or electricity'' and inserting 
``the imports of natural gas, or the exports or imports of 
electricity,''.

SEC. 3. REPORT ON GLOBAL EXPORTS OF NATURAL GAS PRODUCTION.

    Not later than 180 days after the date of the enactment of this 
Act, the Secretary of State shall submit to Congress a report on the 
following:
            (1) The economic policies of foreign countries with natural 
        gas resources and reserves as such policies relate to the 
        development and production of their natural gas resources and 
        reserves and the extent and status of their natural gas 
        resources and reserves.
            (2) The potential to export the natural gas production of 
        such foreign countries to the global market and the impact of 
        the export of such natural gas production on the global market.
            (3) A description of actions taken by the United States 
        Government to foster natural gas exports to foreign countries 
        that may have an interest in importing natural gas from the 
        United States.
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