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Southwestern Power Administration Fund Establishment Act
4/7/2025, 1:02 PM
Summary of Bill HR 2432
Bill 119 HR 2432, also known as the Southwestern Power Administration Fund Act, aims to establish a fund specifically for the Southwestern Power Administration (SWPA) within the Department of Energy. The purpose of this fund is to provide financial resources for the SWPA to carry out its mission of marketing and transmitting hydroelectric power in the southwestern United States.
The bill outlines the sources of funding for the SWPA Fund, including revenues from the sale of power, reimbursements for services provided, and any other funds appropriated by Congress. It also specifies that the SWPA Fund will be used to cover the costs of operating and maintaining the SWPA's power facilities, as well as any necessary upgrades or improvements.
Additionally, the bill includes provisions for the SWPA to enter into agreements with other federal agencies, state and local governments, and private entities to further its mission. It also requires the SWPA to submit an annual report to Congress detailing its activities and financial status. Overall, the Southwestern Power Administration Fund Act aims to ensure that the SWPA has the necessary financial resources to continue providing reliable and affordable hydroelectric power to the southwestern region of the United States.
The bill outlines the sources of funding for the SWPA Fund, including revenues from the sale of power, reimbursements for services provided, and any other funds appropriated by Congress. It also specifies that the SWPA Fund will be used to cover the costs of operating and maintaining the SWPA's power facilities, as well as any necessary upgrades or improvements.
Additionally, the bill includes provisions for the SWPA to enter into agreements with other federal agencies, state and local governments, and private entities to further its mission. It also requires the SWPA to submit an annual report to Congress detailing its activities and financial status. Overall, the Southwestern Power Administration Fund Act aims to ensure that the SWPA has the necessary financial resources to continue providing reliable and affordable hydroelectric power to the southwestern region of the United States.
Read the Full Bill
Current Status of Bill HR 2432
Bill HR 2432 is currently in the status of Bill Introduced since March 27, 2025. Bill HR 2432 was introduced during Congress 119 and was introduced to the House on March 27, 2025. Bill HR 2432's most recent activity was Referred to the Committee on Natural Resources, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of March 27, 2025
Bipartisan Support of Bill HR 2432
Total Number of Sponsors
3Democrat Sponsors
0Republican Sponsors
3Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2432
Primary Policy Focus
EnergyAlternate Title(s) of Bill HR 2432
To establish the Southwestern Power Administration Fund, and for other purposes.
To establish the Southwestern Power Administration Fund, and for other purposes.
Comments
Sponsors and Cosponsors of HR 2432
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Southwestern Power Administration Fund Establishment Act
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