A bill to amend section 2 of the Public Utility Holding Company Act of 1935.

[AI summary unavailable — showing source text] Amends the Public Utility Holding Company Act of 1935 to exclude from the definition of "public-utility company" a gas utility company: (1) which owns or operates only facilities used for the retail distribution of natural or manufactured gas wholly within a single State; or (2) the intrastate gas utility rates of which are subject to State regulation. Allows such exclusion only if every company which controls such gas utility company is the issuer of registered securities or is controlled by such an issuer.…