§7276g — Title 42 The Public Health and Welfare | U.S. Code

Summary

All money the Western Area Power Administration collects from selling power and related services at the Falcon and Amistad Dams that is used to repay annual hydroelectric costs and related WAPA activities in this and later fiscal years must go into a special account called discretionary offsetting collections and stay available until spent, even if section 2 of the Act of June 18, 1954 (68 Stat. 255), as amended, or section 3302 of title 31 would say otherwise. "Annual expenses" means costs that are normally recovered in the same year they are incurred.

Title 42, §7276g

The Public Health and Welfare — Source: USLM XML via OLRC

Notwithstanding the provisions of section 2 of the Act of June 18, 1954 (68 Stat. 255) as amended, and section 3302 of title 31, all funds collected by the Western Area Power Administration from the sale of power and related services from the Falcon and Amistad Dams that are applicable to the repayment of the annual expenses of the hydroelectric facilities of these Dams and associated Western Area Power Administration activities in this and subsequent fiscal years shall be credited to this account as discretionary offsetting collections for the sole purpose of funding such expenses, with such funds remaining available until expended: Provided further, That for purposes of this appropriation, annual expenses means expenditures that are generally recovered in the same year that they are incurred.

Notes & Related Subsidiaries

Editorial Notes

References in Text

section 2 of the Act of

June 18, 1954 (68 Stat. 255), referred to in text, probably means section 2 of act

June 18, 1954, ch. 310, 68 Stat. 256, which is not classified to the Code. “This account” and “this appropriation”, referred to in text, mean funds appropriated under the heading “Falcon and Amistad Operating and Maintenance Fund” of title III of the Energy and Water Development and Related Agencies Appropriations Act, 2010, Pub. L. 111–85. Codification Section was enacted as part of the Energy and Water Development and Related Agencies Appropriations Act, 2010, and not as part of the Department of Energy Organization Act which comprises this chapter.

§7276g Western Area Power Administration; deposit and availability of funds related to Falcon and Amistad Dams

Summary

Title 42, §7276g

Notes & Related Subsidiaries

Editorial Notes

References in Text

Citations & Metadata