Hydroelectric Power Development Act

[AI summary unavailable — showing source text] Hydroelectric Power Development Act - Authorizes the Secretary of the Army to construct water resources development projects for hydroelectric power, utilizing funds from the Hydroelectric Power Development Fund created by this Act. Stipulates that non-Federal authorities must agree to share project costs as a prerequisite to construction. Stipulates that the United States shall assume the obligation for all additional costs not caused by non-Federal authorities. Authorizes the appropriation of $25,000,000 for deposit in the Hydroelectric Power Development Fund, and any such additional sums as necessary to maintain the fund at an average minimum balance of $25,000,000.…