Southwestern Power Administration Fund Establishment Act

Southwestern Power Administration Fund Establishment Act

This bill establishes a fund that the Southwestern Power Administration may use for the operation and maintenance of power transmission facilities and other related expenses. The bill also transfers amounts into the fund from specified accounts.

Bill 118 hr 4219, also known as the Southwestern Power Administration Fund Establishment Act, was introduced in the US Congress to establish a fund for the Southwestern Power Administration (SWPA). The SWPA is a federal agency that oversees the operation and maintenance of hydroelectric power facilities in the southwestern United States.

The purpose of this bill is to provide the SWPA with a dedicated fund to support its operations and infrastructure projects. The fund would be used to finance the construction, operation, and maintenance of hydroelectric power facilities, as well as to support research and development in the field of renewable energy.

The bill specifies that the fund would be financed through revenues generated by the sale of power produced by the SWPA's facilities, as well as through appropriations from Congress. It also outlines the procedures for managing the fund, including reporting requirements and oversight mechanisms. Overall, the Southwestern Power Administration Fund Establishment Act aims to ensure the continued operation and maintenance of the SWPA's hydroelectric power facilities in the southwestern United States, while also promoting research and development in renewable energy.