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HR 2432119th CongressIntroduced
Southwestern Power Administration Fund Establishment Act
Introduced: Oct 29, 2025
Standard Summary
Comprehensive overview in 1-2 paragraphs
Establishes the Southwestern Power Administration Fund to consolidate and manage federal power administration finances.
Key Points
- 1Creates a new fund in the Treasury for the Southwestern Power Administration
- 2Transfers existing balances from multiple continuing and special funds into the new fund
- 3Allows the Secretary of Energy to use fund amounts for power transmission, maintenance, and administrative expenses
- 4Permits obligations in advance of appropriations to be liquidated by the fund
- 5Requires annual transfer of excess amounts to the Treasury as miscellaneous receipts
- 6Applies government corporation accounting standards to fund management
Impact Areas
Federal energy agenciesPower transmission infrastructureFederal budget and appropriationsSouthwestern Power Administration operations
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