S 1440 · 96th Congress · Energy
Western Area Power Marketing Revolving Fund Act of 1980
Bill Progress
✓
Introduced✓
Committee✓
Senate Vote4
House5
EnactedLatest: Referred jointly to House Committee on Interior and Insular Affairs; and Interstate and Foreign Commerce.(1980-12-09)
Plain Language Summary
[AI summary unavailable — showing source text]
Federal Power Marketing Revolving Fund Act of 1979 - Directs the Administrators of specified power administrations to construct or otherwise acquire transmission facilities in order to: (1) integrate and transmit the electric power from existing or additional generating units; (2) provide customer service; (3) provide interregional transmission facilities; and (4) maintain electrical stability and reliability. Limits the Administrators' authority to make such acquisitions. Authorizes the Administrators to become members of electrical cooperatives and other institutions determined necessary to carry out this Act. Authorizes the establishment of the following separate funds in the U.S. Treasury: (1) Alaska Power Administration Fund; (2) Southeastern Power Administration Fund; (3) Southwestern Power Administration Fund; and (4) Western Area Power Administration Fund. Includes in such Funds: (1) receipts from power marketing activities; (2) moneys borrowed from the U.S. Treasury; (3) congressional appropriations; and (4) unexpended balances of funds appropriated or otherwise made available. Authorizes the appropriate Administration to make expenditures from such Funds as necessary for …
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (5)
4 Democrats1 Republican