Establishes the Southwestern Power Administration Fund to manage receipts and appropriations for power transmission and marketing.
The Southwestern Power Administration Fund Establishment Act creates a fund in the U.S. Treasury to manage receipts, collections, and appropriations for the Southwestern Power Administration. The fund will be used for operating and maintaining power transmission facilities, marketing electric power, constructing transmission lines, and covering administrative expenses. Excess funds will be transferred to the U.S. Treasury annually. The fund is established by consolidating unexpended balances from various appropriations and collections.
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