Southwestern Power Administration Fund Establishment Act
Southwestern Power Administration Fund Establishment Act
Plain Language Summary
# Southwestern Power Administration Fund Establishment Act 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 Southwest. By creating this fund, the bill aims to give SWPA more financial flexibility and independence in managing its operations and revenues from power sales. **Who It Affects:** The bill primarily affects utility companies and consumers in the southwestern United States who purchase electricity from SWPA, as well as the agency's operations and workforce. It could also impact federal budget management since it would create a separate accounting mechanism for the agency's finances. **Current Status:** As of now, the bill remains in committee (S 1034), meaning it has been introduced but has not yet advanced to a full Senate vote.
The bill was sponsored by Senator Jerry Moran (R-KS) in the 119th Congress. Limited details are publicly available about the specific mechanisms of the proposed fund or whether it has garnered significant support among lawmakers.
Latest Action
Read twice and referred to the Committee on Energy and Natural Resources.