Public Utility Holding Company Act Amendments of 1983

[AI summary unavailable — showing source text] Public Utility Holding Company Act Amendments of 1983 - Amends the Public Utility Holding Company Act of 1935 to revise the definition of "utility assets" to mean facilities of electric and gas utilities which are directly employed in, and the primary function of which is, the generation, transmission, or distribution of electric energy or the distribution at retail of natural or manufactured gas. Provides that the term "issue" includes the sale, renewal, guaranty of, or assumption of liability on any security. Defines the term "consumers" to mean the utility customers of a public utility company which is an associate company in a holding company system. Provides that the Securities and Exchange Commission (SEC) may exempt a holding company from all the provisions of such Act except certain requirements with respect to the acquisition of securities and utility assets and provisions under this Act with respect to State commission monitoring of and access to information on holding company business activity. Prohibits such an exemption if the SEC finds that the exemption materially adversely affects the public utility business of a holding company. Provides that a holding company shal…