Summary: H.R.1129 — 103rd Congress (1993-1994)All Information (Except Text)

There is one summary for H.R.1129. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (02/24/1993)

Tennessee Valley Authority Power Privatization Act of 1993 - Directs the President to develop and transmit to the Congress a plan for transferring, by sale or otherwise, all real property, facilities, and equipment of the Tennessee Valley Authority (TVA) to appropriate public and private entities. Requires such plan to provide for transfer of: (1) TVA power generation facilities and equipment; (2) National Fertilizer and Environmental Research Center facilities and equipment; (3) TVA's jurisdictional authority over real property; and (4) TVA functions unrelated to power generation to appropriate Federal departments and agencies. Terminates the TVA after the completion of such transfers.