119-hr2432

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2432 Introduced in House

    (IH) ]

<DOC>

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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