To amend the Federal Power Act and the Natural Gas Act with respect to the enforcement of certain provisions, and for other purposes.

HR8423, the Energy Consumer Protection Act of 2026, was introduced on April 21, 2026, by Rep. Schakowsky (D-IL) with 12 cosponsors, all Democrats. The bill was referred immediately to the House Committee on Energy and Commerce and has no further actions—no hearings, no markup, no companion bill in the Senate. The bill amends the Federal Power Act to give FERC authority to prohibit persons from engaging in the purchase or sale of electric energy, electric energy products (including financial transmission rights), and transmission services if they have violated Sections 221 or 222 (which cover market manipulation and false information). It also adds a new Section 4B to the Natural Gas Act prohibiting the willful reporting of false information to federal agencies or private-sector price-reporting agencies with intent to defraud. The bill authorizes no funding—it is purely an enforcement mechanism empowering FERC with new suspension/bar authority. There are no appropriation provisions; FERC’s existing budget would cover implementation. The bill’s early stage (referred, no committee action), narrow Democratic sponsorship (no Republican cosponsors, no bipartisan support), and absence of Senate action place its passage probability at extremely low for the 119th Congress. The five Defense Production Act Presidential Memoranda signed April 20, 2026, are structurally distinct executive actions—addressing project financing, permitting, and supply chains for grid, LNG, coal, petroleum, and large-scale energy—and are not related to this enforcement bill. Real market data on midstream and LNG tickers shows strongly positive seven-day price action from April 23 to April 30, 2026: $KMI +3.12% (closing at $32.73 from $31.74), $ET +5.24% ($20.09 from $19.08), $WMB +5.65% ($76.26 from $72.18), $LNG +6.69% ($274.30 from $257.09), $TRGP +7.66% ($259.13 from $240.69), and $EPD +1.76% ($38.67 from $38.00). These gains are attributable to DPA infrastructure mobilization, not to HR8423. NextEra Energy ($NEE) shows +1.20% seven-day ($96.42 from $95.28), consistent with utility-sector tailwinds from grid-related DPA memoranda. No tickers triggered a valid causal chain from HR8423 because the bill’s enforcement provisions are remote from any specific company’s revenue streams at current stage.