Southwestern Power Administration Fund Establishment Act
Southwestern Power Administration Fund Establishment Act
Plain Language Summary
# Southwestern Power Administration Fund Establishment Act (HR 2432) - Summary **What the Bill Would Do:** This bill would establish a dedicated fund for the Southwestern Power Administration (SWPA), a federal agency that generates and sells hydroelectric power across the southwestern United States. By creating this fund, the bill aims to give SWPA more financial independence and flexible management of revenue from power sales, rather than having those revenues flow through the general federal budget. **Who It Affects:** The bill would impact electric utilities and customers in the Southwest who receive power from SWPA facilities, as well as federal budget management. SWPA serves a large region including parts of Texas, Oklahoma, Kansas, Arkansas, and Louisiana.
The changes could affect how power rates are set and how infrastructure improvements are funded in these areas. **Current Status:** As of now, HR 2432 is in committee review and has not been voted on by the full House. The bill was introduced by Representative Sam Graves (R-MO) and remains in the early stages of the legislative process. No significant amendments or actions have been reported.
Latest Action
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.