[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2432 Introduced in House (IH)]
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119th CONGRESS
1st Session
H. R. 2432
To establish the Southwestern Power Administration Fund, and for other
purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
March 27, 2025
Mr. Graves (for himself and Mr. Mann) introduced the following bill;
which was referred to the Committee on Natural Resources, and in
addition to the Committee on Appropriations, for a period to be
subsequently determined by the Speaker, in each case for consideration
of such provisions as fall within the jurisdiction of the committee
concerned
_______________________________________________________________________
A BILL
To establish the Southwestern Power Administration Fund, and for other
purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Southwestern Power Administration
Fund Establishment Act''.
SEC. 2. DEFINITIONS.
In this Act:
(1) Administrator.--The term ``Administrator'' means the
Administrator of the Southwestern Power Administration.
(2) Fund.--The term ``Fund'' means the Southwestern Power
Administration Fund established by section 3(a).
(3) Secretary.--The term ``Secretary'' means the Secretary
of Energy.
SEC. 3. SOUTHWESTERN POWER ADMINISTRATION FUND.
(a) Establishment of Fund.--There is established in the Treasury of
the United States a fund, to be known as the ``Southwestern Power
Administration Fund'', consisting of--
(1) all receipts, collections, and recoveries of the
Southwestern Power Administration, including trust funds;
(2) appropriations to the Fund;
(3) amounts transferred to the Fund under subsection (b);
and
(4) amounts deposited in the Fund under the first proviso
in the matter under the heading ``Operation and Maintenance,
Southwestern Power Administration'' under the heading ``POWER
MARKETING ADMINISTRATIONS'' under the heading ``DEPARTMENT OF
ENERGY'' in title III of the Energy and Water Development
Appropriations Act, 2005 (16 U.S.C. 825s-4).
(b) Transfers to Fund.--There are transferred to the Fund--
(1) unexpended balances in the continuing fund pursuant to
the 11th paragraph under the heading ``OFFICE OF THE
SECRETARY'' in title I of the Act of October 12, 1949 (16
U.S.C. 825s-1);
(2) unexpended balances in the advanced payment fund
pursuant to the first proviso in the matter under the heading
``Operation and Maintenance, Southwestern Power
Administration'' under the heading ``POWER MARKETING
ADMINISTRATIONS'' under the heading ``Department of Energy'' in
title III of the Energy and Water Development Appropriations
Act, 2005 (16 U.S.C. 825s-4); and
(3) unexpended balances in the offsetting collections fund
pursuant to the fourth and fifth provisos in the matter under
the heading ``Operation and Maintenance, Southwestern Power
Administration'' under the heading ``POWER MARKETING
ADMINISTRATIONS'' under the heading ``DEPARTMENT OF ENERGY'' in
title III of the Energy and Water Development and Related
Agencies Appropriations Act, 2010 (16 U.S.C. 825s-7) (as in
effect on the day before the date of enactment of this Act).
(c) Availability.--Amounts in the Fund shall remain available until
expended.
(d) Use.--Amounts in the Fund shall be used by the Secretary,
acting through the Administrator, for expenses necessary for--
(1) operation and maintenance of power transmission
facilities;
(2) marketing electric power and energy;
(3) construction and acquisition of transmission lines,
substations, and appurtenant facilities; and
(4) administrative expenses in carrying out the duties of
the Secretary under--
(A) section 5 of the Act of December 22, 1944
(commonly known as the ``Flood Control Act of 1944'')
(16 U.S.C. 825s); and
(B) section 1232 of the Energy Policy Act of 2005
(42 U.S.C. 16431).
(e) Obligations.--The Secretary, acting through the Administrator,
may incur obligations for authorized purposes in advance of
appropriations to be liquidated by the Fund.
(f) Excess Funds.--Annually, the Secretary, acting through the
Administrator, shall transfer excess amounts in the Fund to the
Treasury of the United States as miscellaneous receipts.
(g) Applicable Law.--The provisions of chapter 91 of title 31,
United States Code, shall apply to the Administrator in carrying out
this section in the same manner as the provisions apply to a wholly
owned Government corporation (as defined in section 9101 of that
title).
(h) Conforming Amendments.--
(1) The proviso in the matter under the heading ``Operation
and Maintenance, Southwestern Power Administration'' under the
heading ``POWER MARKETING ADMINISTRATIONS'' under the heading
``Department of Energy'' in title III of the Energy and Water
Development Appropriations Act, 2005 (16 U.S.C. 825s-4), is
amended--
(A) by striking ``in fiscal year 2005'' and
inserting ``on the date of enactment of the
Southwestern Power Administration Fund Establishment
Act''; and
(B) by striking ``credited to this account'' and
inserting ``deposited in the Southwestern Power
Administration Fund established by section 3(a) of the
Southwestern Power Administration Fund Establishment
Act''.
(2) The fourth and fifth provisos in the matter under the
heading ``Operation and Maintenance, Southwestern Power
Administration'' under the heading ``POWER MARKETING
ADMINISTRATIONS'' under the heading ``Department of Energy'' in
title III of the Energy and Water Development and Related
Agencies Appropriations Act, 2010 (16 U.S.C. 825s-7), are
repealed.
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