I 119THCONGRESS 1 STSESSION H. R. 2432 To establish the Southwestern Power Administration Fund, and for other purposes. IN THE HOUSE OF REPRESENTATIVES MARCH27, 2025 Mr. G RAVES(for himself and Mr. MANN) introduced the following bill; which was referred to the Committee on Natural Resources, and in addition to the Committee on Appropriations, for a period to be subsequently deter- mined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To establish the Southwestern Power Administration Fund, and for other purposes. Be it enacted by the Senate and House of Representa-1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Southwestern Power 4 Administration Fund Establishment Act’’. 5 SEC. 2. DEFINITIONS. 6 In this Act: 7 VerDate Sep 11 2014 00:12 Apr 03, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H2432.IH H2432 ssavage on LAPJG3WLY3PROD with BILLS 2 •HR 2432 IH (1) ADMINISTRATOR.—The term ‘‘Adminis-1 trator’’ means the Administrator of the South-2 western Power Administration. 3 (2) F UND.—The term ‘‘Fund’’ means the 4 Southwestern Power Administration Fund estab-5 lished by section 3(a). 6 (3) S ECRETARY.—The term ‘‘Secretary’’ means 7 the Secretary of Energy. 8 SEC. 3. SOUTHWESTERN POWER ADMINISTRATION FUND. 9 (a) E STABLISHMENT OF FUND.—There is estab-10 lished in the Treasury of the United States a fund, to be 11 known as the ‘‘Southwestern Power Administration 12 Fund’’, consisting of— 13 (1) all receipts, collections, and recoveries of the 14 Southwestern Power Administration, including trust 15 funds; 16 (2) appropriations to the Fund; 17 (3) amounts transferred to the Fund under 18 subsection (b); and 19 (4) amounts deposited in the Fund under the 20 first proviso in the matter under the heading ‘‘O P-21 ERATION AND MAINTENANCE, SOUTHWESTERN 22 P OWERADMINISTRATION’’ under the heading 23 ‘‘POWER MARKETING ADMINISTRATIONS’’ 24 under the heading ‘‘DEPARTMENT OF EN-25 VerDate Sep 11 2014 00:12 Apr 03, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H2432.IH H2432 ssavage on LAPJG3WLY3PROD with BILLS 3 •HR 2432 IH ERGY’’ in title III of the Energy and Water Devel-1 opment Appropriations Act, 2005 (16 U.S.C. 825s– 2 4). 3 (b) T RANSFERS TOFUND.—There are transferred to 4 the Fund— 5 (1) unexpended balances in the continuing fund 6 pursuant to the 11th paragraph under the heading 7 ‘‘OFFICE OF THE SECRETARY’’ in title I of the 8 Act of October 12, 1949 (16 U.S.C. 825s–1); 9 (2) unexpended balances in the advanced pay-10 ment fund pursuant to the first proviso in the mat-11 ter under the heading ‘‘O PERATION AND MAINTE-12 NANCE, SOUTHWESTERN POWERADMINISTRATION’’ 13 under the heading ‘‘POWER MARKETING AD-14 MINISTRATIONS’’ under the heading ‘‘Depart-15 ment of Energy’’ in title III of the Energy and 16 Water Development Appropriations Act, 2005 (16 17 U.S.C. 825s–4); and 18 (3) unexpended balances in the offsetting collec-19 tions fund pursuant to the fourth and fifth provisos 20 in the matter under the heading ‘‘O PERATION AND 21 M AINTENANCE, SOUTHWESTERN POWERADMINIS-22 TRATION’’ under the heading ‘‘POWER MAR-23 KETING ADMINISTRATIONS’’ under the head-24 ing ‘‘DEPARTMENT OF ENERGY’’ in title III of 25 VerDate Sep 11 2014 00:12 Apr 03, 2025 Jkt 059200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H2432.IH H2432 ssavage on LAPJG3WLY3PROD with BILLS 4 •HR 2432 IH the Energy and Water Development and Related 1 Agencies Appropriations Act, 2010 (16 U.S.C. 2 825s–7) (as in effect on the day before the date of 3 enactment of this Act). 4 (c) A VAILABILITY.—Amounts in the Fund shall re-5 main available until expended. 6 (d) U SE.—Amounts in the Fund shall be used by the 7 Secretary, acting through the Administrator, for expenses 8 necessary for— 9 (1) operation and maintenance of power trans-10 mission facilities; 11 (2) marketing electric power and energy; 12 (3) construction and acquisition of transmission 13 lines, substations, and appurtenant facilities; and 14 (4) administrative expenses in carrying out the 15 duties of the Secretary under— 16 (A) section 5 of the Act of December 22, 17 1944 (commonly known as the ‘‘Flood Control 18 Act of 1944’’) (16 U.S.C. 825s); and 19 (B) section 1232 of the Energy Policy Act 20 of 2005 (42 U.S.C. 16431). 21 (e) O BLIGATIONS.—The Secretary, acting through 22 the Administrator, may incur obligations for authorized 23 purposes in advance of appropriations to be liquidated by 24 the Fund. 25 VerDate Sep 11 2014 00:12 Apr 03, 2025 Jkt 059200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\H2432.IH H2432 ssavage on LAPJG3WLY3PROD with BILLS 5 •HR 2432 IH (f) EXCESSFUNDS.—Annually, the Secretary, acting 1 through the Administrator, shall transfer excess amounts 2 in the Fund to the Treasury of the United States as mis-3 cellaneous receipts. 4 (g) A PPLICABLELAW.—The provisions of chapter 91 5 of title 31, United States Code, shall apply to the Adminis-6 trator in carrying out this section in the same manner as 7 the provisions apply to a wholly owned Government cor-8 poration (as defined in section 9101 of that title). 9 (h) C ONFORMINGAMENDMENTS.— 10 (1) The proviso in the matter under the head-11 ing ‘‘O PERATION AND MAINTENANCE, SOUTH-12 WESTERN POWERADMINISTRATION’’ under the 13 heading ‘‘POWER MARKETING ADMINISTRA-14 TIONS’’ under the heading ‘‘Department of En-15 ergy’’ in title III of the Energy and Water Develop-16 ment Appropriations Act, 2005 (16 U.S.C. 825s–4), 17 is amended— 18 (A) by striking ‘‘in fiscal year 2005’’ and 19 inserting ‘‘on the date of enactment of the 20 Southwestern Power Administration Fund Es-21 tablishment Act’’; and 22 (B) by striking ‘‘credited to this account’’ 23 and inserting ‘‘deposited in the Southwestern 24 Power Administration Fund established by sec-25 VerDate Sep 11 2014 00:12 Apr 03, 2025 Jkt 059200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6201 E:\BILLS\H2432.IH H2432 ssavage on LAPJG3WLY3PROD with BILLS 6 •HR 2432 IH tion 3(a) of the Southwestern Power Adminis-1 tration Fund Establishment Act’’. 2 (2) The fourth and fifth provisos in the matter 3 under the heading ‘‘O PERATION ANDMAINTENANCE, 4 S OUTHWESTERN POWERADMINISTRATION’’ under 5 the heading ‘‘POWER MARKETING ADMINIS-6 TRATIONS’’ under the heading ‘‘Department of 7 Energy’’ in title III of the Energy and Water Devel-8 opment and Related Agencies Appropriations Act, 9 2010 (16 U.S.C. 825s–7), are repealed. 10 Æ VerDate Sep 11 2014 00:12 Apr 03, 2025 Jkt 059200 PO 00000 Frm 00006 Fmt 6652 Sfmt 6301 E:\BILLS\H2432.IH H2432 ssavage on LAPJG3WLY3PROD with BILLS