HR 603 · 105th Congress · Water Resources Development

Tennessee Valley Authority First Step Reform Act of 1997

Introduced 1997-02-05· Sponsored by Rep. Franks, Bob [R-NJ-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Water Resources and Environment.(1997-02-18)

Plain Language Summary

[AI summary unavailable — showing source text] Tennessee Valley Authority First Step Reform Act of 1997 - Amends the Tennessee Valley Authority Act of 1933 to prohibit appropriations after FY 1998. Instructs the Director of the Office of Management and Budget to report to the Congress on: (1) the historical and current costs to the Federal Government of Tennessee Valley Authority (TVA) subsidies; and (2) how TVA plans to make the transition from receiving Federal subsidies to an organization generating, transmitting, and distributing electric power on an open and competitive market.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (19)

7 Democrats12 Republicans