TVA Financial Integrity Act of 1999

[AI summary unavailable — showing source text] TVA Financial Integrity Act of 1999 - Amends the Tennessee Valley Authority Act of 1933 to reduce in annual increments the amounts authorized for the bonds for financing program. Requires the Tennessee Valley Authority (TVA) to: (1) certify annually to a specified congressional committee that its cumulative indebtedness is less that its designated bond authorization; and (2) provide on the face of its bonds a disclaimer stating that the U.S. General Accounting Office has determined that the TVA level of indebtedness may impair its future financial flexibility, that Congress has expressly disclaimed any support for such indebtedness, and that the sole means for payment comes only from the TVA Power Program. (Sec. 2) Prohibits TVA from: (1) marketing or representing such bonds as being backed by the United States; or (2) making contracts for the sale or delivery of power which would have the effect of making TVA a power supply source outside the area for which it was the primary source on July 1, 1957. Denies such bonds any special status or protection under law. Sec. 3) Subjects TVA to Federal antitrust law jurisdiction. (Sec. 4) Prohibits TVA from making any contract that has the e…