A bill to amend the Federal Power Act and the Natural Gas Act.

[AI summary unavailable — showing source text] Provides that every natural gas company shall for the privilege of doing business as a natural gas company pay to the United States on or before July 1 of each calendar year reasonable annual charges in an amount to be fixed by the Federal Power Commission for the purpose of reimbursing the United States for the costs of administration of the Natural Gas Act and the Federal Power Act.…