Electric Utility Bankruptcy Clarification Act
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Electric Utility Bankruptcy Clarification Act - Amends Federal bankruptcy provisions to require that in cases where the debtor is an electric utility the prior approval of State regulatory authorities must be obtained before a bankruptcy court may confirm any plan of adjustment or reorganization or take any other action which would terminate or restrict the existing jurisdiction of such authorities. Specifies that such requirement shall apply to cases pending on the effective date of this Act.
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