Us Congress 2025-2026 Regular Session

Us Congress Senate Bill SB1354 Latest Draft

Bill / Introduced Version Filed 04/22/2025

                            II 
119THCONGRESS 
1
STSESSION S. 1354 
To amend the Tennessee Valley Authority Act of 1933 to provide that 
the Federal Reports Elimination and Sunset Act of 1995 does not 
apply to certain reports required to be submitted by the Tennessee 
Valley Authority, and for other purposes. 
IN THE SENATE OF THE UNITED STATES 
APRIL8, 2025 
Mrs. B
LACKBURN(for herself and Mr. HAGERTY) introduced the following 
bill; which was read twice and referred to the Committee on Environment 
and Public Works 
A BILL 
To amend the Tennessee Valley Authority Act of 1933 to 
provide that the Federal Reports Elimination and Sunset 
Act of 1995 does not apply to certain reports required 
to be submitted by the Tennessee Valley Authority, 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 ‘‘Tennessee Valley Au-4
thority Salary Transparency Act’’. 5
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•S 1354 IS
SEC. 2. SALARY DISCLOSURE; EXCEPTION TO REPORT 1
ELIMINATION. 2
(a) I
NGENERAL.—Section 9 of the Tennessee Valley 3
Authority Act of 1933 (16 U.S.C. 831h) is amended— 4
(1) by striking the section designation and all 5
that follows through ‘‘(a) The Board’’ in subsection 6
(a) and inserting the following: 7
‘‘SEC. 9. FINANCIAL REPORTING. 8
‘‘(a) R
EPORT ONCOMPENSATION.— 9
‘‘(1) I
N GENERAL.—Except as provided in para-10
graph (2), the Board’’; 11
(2) in subsection (a)— 12
(A) in paragraph (1) (as so designated), by 13
striking ‘‘a financial statement’’ in the first 14
sentence and all that follows through the period 15
at the end of the second sentence and inserting 16
‘‘a report describing the total number of em-17
ployees of the Corporation at the management 18
level or above (including all executives and 19
Board members), including the name, salary, 20
and duties of each such employee, that are re-21
ceiving compensation equal to, or greater than, 22
the maximum rate of basic pay for grade GS– 23
15 of the General Schedule.’’; and 24
(B) by adding at the end the following: 25
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•S 1354 IS
‘‘(2) EXEMPTION.—Any information relating to 1
salaries of employees of the Corporation contained 2
in, or filed with, a report under paragraph (1) shall 3
be exempt from— 4
‘‘(A) disclosure under section 552(b)(3) of 5
title 5, United States Code; and 6
‘‘(B) the requirements of the Access to 7
Congressionally Mandated Reports Act (44 8
U.S.C. prec. 4101 note; Public Law 117– 9
263).’’; 10
(3) in subsection (b), by striking ‘‘(b) All’’ and 11
inserting the following: 12
‘‘(b) B
IDS.—All’’; 13
(4) in subsection (c)— 14
(A) in the first sentence— 15
(i) by striking ‘‘he shall’’ and insert-16
ing ‘‘the Comptroller General shall’’; and 17
(ii) by striking ‘‘of his selection’’ and 18
inserting ‘‘selected by the Comptroller 19
General’’; 20
(B) in the second sentence, by striking 21
‘‘connection he and his representatives’’ and in-22
serting ‘‘an audit, the Comptroller General (and 23
any representative of the Comptroller Gen-24
eral)’’; 25
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•S 1354 IS
(C) in the third sentence— 1
(i) by striking ‘‘He shall’’ and insert-2
ing ‘‘The Comptroller General shall’’; and 3
(ii) in the proviso— 4
(I) by striking ‘‘General Account-5
ing Office’’ and inserting ‘‘Govern-6
ment Accountability Office’’; and 7
(II) by striking ‘‘his report’’ and 8
inserting ‘‘the report’’; 9
(D) in the fourth sentence, by striking 10
‘‘General Accounting Office’’ and inserting 11
‘‘Government Accountability Office’’; and 12
(E) in the fifth sentence— 13
(i) by striking ‘‘section 236, Revised 14
Statutes, as amended by section 305 of the 15
Budget and Accounting Act, 1921 (42 16
Stat. 24)’’ and inserting ‘‘sections 3526(a) 17
and 3702(a) of title 31, United States 18
Code’’; and 19
(ii) in the proviso— 20
(I) by striking ‘‘the Tennessee 21
Valley Authority Act of 1933, as 22
amended’’ and inserting ‘‘this Act’’; 23
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•S 1354 IS
(II) by striking ‘‘it may deem’’ 1
and inserting ‘‘the Corporation deter-2
mines to be’’; 3
(III) by striking ‘‘General Ac-4
counting Office’’ and inserting ‘‘Gov-5
ernment Accountability Office’’; and 6
(IV) by striking ‘‘said Act’’ and 7
inserting ‘‘this Act’’; and 8
(5) in subsection (d), by striking ‘‘the Ten-9
nessee Valley Authority Act of 1933, as amended’’ 10
and inserting ‘‘this Act’’. 11
(b) C
ONFORMINGAMENDMENT.—Section 14 of the 12
Tennessee Valley Authority Act of 1933 (16 U.S.C. 831m) 13
is amended, in the last sentence, by striking ‘‘and in addi-14
tion to the statement of the cost of power’’ and all that 15
follows through ‘‘for the sale of power’’. 16
Æ 
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