,,ii  #aaith ,,congress  #ast ,session  
,s4 #ajcd  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,march #ac1    
#bjbe,mr4 ,moran 7for himself1 ,mr4     
,hawley1 and ,mr4 ,marshall7 introduced 
the following bill2 which was read twice
 and referred to the ,committee on      
,energy and ,natural ,resources  ,a     
,,bill  ,to establish the ,southwestern 
,power ,administration ,fund1 and for   
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,southwestern  
,power ,administration ,fund            
,establishment ,act4  #b4 ,definitions  
,in this ,act3 7#a7 ,administrator ,the 
term ,administrator means the           
,administrator of the ,southwestern     
,power ,administration4  7#b7 ,fund ,the
 term ,fund means the ,southwestern     
,power ,administration ,fund established
 by section #c7;a74  7#c7 ,secretary    
,the term ,secretary means the          
,secretary of ,energy4  #c4             
,southwestern power administration fund 
7a7 ,establishment of ,fund ,there is   

established in the ,treasury of the     
,united ,states a fund1 to be known as  
the ,southwestern ,power ,administration
 ,fund1 consisting of-- 7#a7 all        
receipts1 collections1 and recoveries of
 the ,southwestern ,power               
,administration1 including trust funds2 
7#b7 appropriations to the ,fund2  7#c7 
amounts transferred to the ,fund under  
subsection 7b72 and  7#d7 amounts       
deposited in the ,fund under the first  
proviso in the matter under the heading 
,operation and ,maintenance1            
,southwestern ,power ,administration    
under the heading ,power ,marketing     
,administrations under the heading      
,department of ,energy in title ,,iii of
 the ,energy and ,water ,development    
,appropriations ,act1 #bjje 7#af        
,u4,s4,c4 #hbes-#d74  7b7 ,transfers to 
,fund ,there are transferred to the     
,fund-- 7#a7 unexpended balances in the 
continuing fund pursuant to the #aath   
paragraph under the heading ,,office    
,,of ,,the ,,secretary in title ,i of   

the ,act of ,october #ab1 #aidi 7#af    
,u4,s4,c4 #hbes-#a72  7#b7 unexpended   
balances in the advanced payment fund   
pursuant to the first proviso in the    
matter under the heading ,operation and 
,maintenance1 ,southwestern ,power      
,administration under the heading ,power
 ,marketing ,administrations under the  
heading ,department of ,energy in title 
,,iii of the ,energy and ,water         
,development ,appropriations ,act1 #bjje
 7#af ,u4,s4,c4 #hbes-#d72 and  7#c7    
unexpended balances in the offsetting   
collections fund pursuant to the fourth 
and fifth provisos in the matter under  
the heading ,operation and ,maintenance1
 ,southwestern ,power ,administration   
under the heading ,power ,marketing     
,administrations under the heading      
,department of ,energy in title ,,iii of
 the ,energy and ,water ,development and
 ,related ,agencies ,appropriations     
,act1 #bjaj 7#af ,u4,s4,c4 #hbes-#g7 7as
 in effect on the day before the date of
 enactment of this ,act74  7c7          

,availability ,amounts in the ,fund     
shall remain available until expended4  
7d7 ,use ,amounts in the ,fund shall be 
used by the ,secretary1 acting through  
the ,administrator1 for expenses        
necessary for-- 7#a7 operation and      
maintenance of power transmission       
facilities2  7#b7 marketing electric    
power and energy2  7#c7 construction and
 acquisition of transmission lines1     
substations1 and appurtenant facilities2
 and  7#d7 administrative expenses in   
carrying out the duties of the          
,secretary under-- 7,a7 section #e of   
the ,act of ,december #bb1 #aidd        
7commonly known as the ,flood ,control  
,act of #aidd7 7#af ,u4,s4,c4 #hbes72   
and  7,b7 section #abcb of the ,energy  
,policy ,act of #bjje 7#db ,u4,s4,c4    
#afdca74  7e7 ,obligations ,the         
,secretary1 acting through the          
,administrator1 may incur obligations   
for authorized purposes in advance of   
appropriations to be liquidated by the  
,fund4  7f7 ,excess funds ,annually1 the

 ,secretary1 acting through the         
,administrator1 shall transfer excess   
amounts in the ,fund to the ,treasury of
 the ,united ,states as miscellaneous   
receipts4  7g7 ,applicable law ,the     
provisions of chapter #ia of title #ca1 
,united ,states ,code1 shall apply to   
the ,administrator in carrying out this 
section in the same manner as the       
provisions apply to a wholly owned      
,government corporation 7as defined in  
section #iaja of that title74  7h7      
,conforming amendments  7#a7 ,the       
proviso in the matter under the heading 
,operation and ,maintenance1            
,southwestern ,power ,administration    
under the heading ,power ,marketing     
,administrations under the heading      
,department of ,energy in title ,,iii of
 the ,energy and ,water ,development    
,appropriations ,act1 #bjje 7#af        
,u4,s4,c4 #hbes-#d71 is amended-- 7,a7  
by striking in fiscal year #bjje and    
inserting on the date of enactment of   
the ,southwestern ,power ,administration

 ,fund ,establishment ,act2 and  7,b7 by
 striking credited to this account and  
inserting deposited in the ,southwestern
 ,power ,administration ,fund           
established by section #c7;a7 of the    
,southwestern ,power ,administration    
,fund ,establishment ,act4  7#b7 ,the   
fourth and fifth provisos in the matter 
under the heading ,operation and        
,maintenance1 ,southwestern ,power      
,administration under the heading ,power
 ,marketing ,administrations under the  
heading ,department of ,energy in title 
,,iii of the ,energy and ,water         
,development and ,related ,agencies     
,appropriations ,act1 #bjaj 7#af        
,u4,s4,c4 #hbes-#g71 are repealed4