A bill to authorize and direct the Secretary of Energy to deter repayment of certain reimbursable costs incurred by the Southwestern Power Administration, to waive certain costs, and to amend Section 5 of the Flood Control Act of 1944.

[AI summary unavailable — showing source text] Directs the Secretary of Energy to defer repayment of certain reimbursable costs incurred by the Southwestern Power Administration and to waive certain interest costs. Amends the Flood Control Act of 1944 to limit for the purpose of determining rates, the period for ascertaining the amortization of the capital investment allocated to power generated at reservior projects under the control of the Department of the Army and delivered to the Secretary of the Interior.…