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New Fund for Southwestern Power Administration

This act establishes a new fund for the Southwestern Power Administration to manage resources for maintaining and developing energy infrastructure. This aims to streamline the agency's financing and operations, potentially leading to more stable electricity supplies for citizens in the region.
Key points
Establishes a dedicated fund in the U.S. Treasury for the Southwestern Power Administration.
The fund will collect agency receipts, appropriations, and transfers from other funds.
Funds will be used for operation, maintenance, construction of transmission lines, and power marketing.
Aims to improve financial management for the agency responsible for power supply.
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Additional Information
Print number: 118_HR_4219
Sponsor: Rep. Graves, Sam [R-MO-6]
Process start date: 2023-06-20