Establishes the Southwestern Power Administration Fund to manage unexpended balances and receipts for power transmission and energy marketing.
The Southwestern Power Administration Fund Establishment Act creates a fund in the U.S. Treasury to manage unexpended balances and receipts for the Southwestern Power Administration. The fund will be used for power transmission operations, marketing electric power, constructing transmission lines, and administrative expenses. Annually, any excess funds will be transferred to the Treasury as miscellaneous receipts. The fund will consist of receipts, collections, appropriations, and transferred amounts.
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