,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #ijdb  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,septemb] #bi1 #bjbb  
,mr4 ,coh5 introduc$ ! foll[+ bill2 :i* 
0 ref]r$ to ! ,committee on             
,transportation & ,infra/ructure1 & 9   
addition to ! ,committee on ,en]gy &    
,comm]ce1 = a p]iod to be subsequ5tly   
det]m9$ by ! ,speak]1 9 ea* case =      
consid]ation ( su* provisions z fall )9 
! jurisdiction ( ! committee conc]n$  ,a
 ,,bill  ,to am5d ! ,f$]al ,p[] ,act & !
 ,t5nessee ,valley ,au?ority ,act (     
#aicc to re=m ! ,t5nessee ,valley       
,au?ority's ratemak+ au?orities1 & = o!r
 purposes4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,,tva ,re=m & ,consum]  
,protection ,act4  #b4 ,t5nessee ,valley
 ,au?ority re=ms  7a7 ,f$]al ,p[] ,act  
am5dm5ts  7#a7 ,applicability ( "p      
,section #bja7;f7 ( ! ,f$]al ,p[] ,act  
7#af ,u4,s4,c4 #hbd7;f77 is am5d$ by    
ins]t+ 7o!r ?an ! ,t5nessee ,valley     
,au?ority7 aft] in/rum5tality4  7#b7    
,c]ta9 :eel+ au?ority ,section #baa ( ! 

,f$]al ,p[] ,act 7#af ,u4,s4,c4 #hbd;j7 
is am5d$ by add+ at ! end ! foll[+3  7f7
 ,transf] ( control ( transmitt+        
facilities ,no?+ 9 ?is section au?orizes
 ! ,commission to require ! ,t5nessee   
,valley ,au?ority to transf] control or 
op]ational control ( its transmitt+     
facilities to a ,transmission           
,organization t is designat$ to provide 
nondiscrim9atory transmission access4  4
  7#c7 ,provisions reg>d+ c]ta9 ord]s   
requir+ int]connection or :eel+ ,section
 #bab7;j7 ( ! ,f$]al ,p[] ,act 7#af     
,u4,s4,c4 #hbdk7j77 is repeal$4  7b7    
,t5nessee ,valley ,au?ority ,act ( #aicc
 am5dm5ts  7#a7 ,duties ( ! bo>d (      
directors ,section #b7;g77#a77,l7 ( !   
,t5nessee ,valley ,au?ority ,act ( #aicc
 7#af ,u4,s4,c4 #hca;a7g77#a77,l77 is   
am5d$ by ins]t+ 1 subject to approval by
 ! ,f$]al ,en]gy ,regulatory ,commission
 be=e ! semicolon4  7#b7 ,sale ( surplus
 p[] ,section #aj ( ! ,t5nessee ,valley 
,au?ority ,act ( #aicc 7#af ,u4,s4,c4   
#hca;i7 is am5d$-- 7,a7 by /rik+ = a t]m

 n exce$+ tw5ty ye>s2  7,b7 by /rik+ all
 contracts made ) private companies or  
individuals = ! sale ( p[]1 :i* p[] is  
to be resold = a pr(it1 %all conta9 a   
provision au?oriz+ ! ,bo>d to cancel    
said contract ^u five ye>s' notice 9    
writ+1 if ! ,bo>d ne$s said p[] to      
supply ! dem&s ( ,/ates1 c\nties1 or    
municipalities4 ,9 ord] & ins]t+ 9 ord]2
  7,c7 by /rik+ at reasonable rates & to
 make su* rules & regulations gov]n+ su*
 sale & di/ribution ( su* electric p[] z
 9 its judgm5t may be j & equitable &   
ins]t+ at j & reasonable rates1 & to    
make rules & regulations gov]n+ su* sale
 & di/ribution ( su* electric p[] t are 
j & reasonable1 subject to approval by !
 ,f$]al ,en]gy ,regulatory ,commission2 
&  7,d7 by /rik+ & 9 case ! pur*as] %all
 fail to comply ) any su* t]ms &        
conditions1 or violate any su* rules &  
regulations1 said contract may provide t
 x %all be voidable at ! election ( !   
,bo>d & ins]t+ subject to approval by ! 
,f$]al ,en]gy ,regulatory ,commission4  

7#c7 ,rates :5 sold = resale at pr(it   
,section #ab ( ! ,t5nessee ,valley      
,au?ority ,act ( #aicc 7#af ,u4,s4,c4   
#hcak7 is am5d$ by /rik+ z reasonable1  
j1 & fair2 & 9 case ( any su* sale1 if  
an am\nt is *>g$ ! ultimate consum] :i* 
is 9 excess ( ! price s deem$ to be j1  
reasonable1 & fair by ! ,bo>d1 !        
contract = su* sale betwe5 ! ,bo>d & su*
 di/ributor ( electricity %all be       
voidable at ! election ( ! ,bo>d &      
ins]t+ z j & reasonable1 subject to     
approval by ! ,f$]al ,en]gy ,regulatory 
,commission4  7#d7 ,re/riction on       
contracts = sale or deliv]y ( p[]       
,section #ae;d7a7 ( ! ,t5nessee ,valley 
,au?ority ,act ( #aicc 7#af ,u4,s4,c4   
#hcan-#d7;a77 is am5d$-- 7,a7 by /rik+  
,unless o!rwise specifically au?oriz$ by
 ,act ( ,congress ! ,corporation %all   
make no contracts = ! sale or deliv]y ( 
p[] :i* w\ld h ! effect ( mak+ !        
,corporation or its di/ributors1        
directly or indirectly1 a s\rce ( p[]   
supply outside ! area = :i* !           

,corporation or its di/ributors 7 !     
prim>y s\rce ( p[] supply on ,july #a1  
#aieg1 & su* additional area ext5d+ n m 
?an five miles ar\nd ! p]iph]y ( su*    
area z may be necess>y to c>e = ! gr[? (
 ! ,corporation & its di/ributors )9    
said area3 ,provid$1 h[ev]1 ,t su*      
additional area %all n 9 any ev5t       
increase by m ?an #ba_/b p] c5tum 7or   
two ?\s& squ>e miles1 :i*ev] is ! less]7
 ! area = :i* ! ,corporation & its      
di/ributors 7 ! prim>y s\rce ( p[]      
supply on ,july #a1 #aieg3 ,& provid$   
fur!r1 ,t no "p ( su* additional area   
may be 9 a ,/ate n n[ s]v$ by !         
,corporation or its di/ributors or 9 a  
municipality receiv+ electric s]vice f  
ano!r s\rce on or aft] ,july #a1 #aieg1 
& no m ?an five hundr$ squ>e miles ( su*
 additional area may be 9 any "o ,/ate  
n[ s]v$ by ! ,corporation or its        
di/ributors42  7,b7 by /rik+ ,no?+ 9 ?is
 subsection %all prev5t ! ,corporation  
or its di/ributors f supply+ electric   
p[] to any cu/om] )9 any area 9 :i* !   

,corporation or its di/ributors _h      
g5]ally e/abli%$ electric s]vice on     
,july #a1 #aieg1 & to :i* electric      
s]vice 0 n be+ suppli$ f any o!r s\rce  
on ! effective date ( ?is ,act42 &  7,c7
 by /rik+ ,no?+ 9 ?is subsection %all   
prev5t ! ,corporation1 :5 economically  
feasible1 f mak+ ex*ange p[] arrangem5ts
 ) o!r p[]-g5]at+ organizations ) :i* ! 
,corporation _h su* arrangem5ts on ,july
 #a1 #aieg & ins]t+ ,no?+ 9 ?is ,act    
%all prev5t ! ,corporation or its       
di/ributors f supply+ electric p[] to   
any cu/om] )9 any area1 nor prev5t !    
,corporation1 :5 economically feasible1 
f mak+ ex*ange p[] arrangem5ts ) o!r    
p[]-g5]at+ organizations4