Southwestern Power Administration Fund Establishment Act
Sponsored By: Senator Moran, Jerry [R-KS]
Introduced
Summary
Creates a dedicated Treasury fund for the Southwestern Power Administration that would collect the agency's receipts, appropriations, transfers, and certain deposits so those resources are held in one place and made available until spent.
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 1 benefits, 0 costs, 1 mixed.
Dedicated fund for Southwestern power grid
This bill would create a Southwestern Power Administration Fund in the U.S. Treasury. The Fund would hold the agency’s receipts, appropriations, transfers, and certain deposits. It would move unspent money from older Southwestern Power accounts into this single Fund. Money would stay available until used. The agency could use it to run and maintain transmission, market power, build or buy lines and substations, and cover related admin costs. The Administrator could also commit funds in advance of appropriations, to be paid later from the Fund.
Southwestern Power oversight and surplus returns
Each year, the Administrator would send excess Fund money to the U.S. Treasury as miscellaneous receipts. The bill would also apply government-corporation style financial rules to the Administrator. This could add oversight and reporting, but reduce cash kept for future projects.
Sponsors & CoSponsors
Sponsor
Moran, Jerry [R-KS]
KS • R
Cosponsors
Sen. Hawley, Josh [R-MO]
MO • R
Sponsored 3/13/2025
Sen. Marshall, Roger [R-KS]
KS • R
Sponsored 3/13/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov