§2903 Authorization of Transfers of Title to Eligible Facilities

Summary

Allows the Secretary to transfer full ownership of an eligible facility to a qualifying entity without new approval from Congress if the Secretary gives Congress a written notice and reasons at least 90 days before the transfer and Congress does not pass a joint resolution to stop it before the transfer. The transfer must be done in a written agreement between the Secretary and the qualifying entity, made after consulting any current water and power customers who would be affected. The Secretary may keep an easement over the property if needed to manage federal interests, if part of the project stays federal, and if there is an agreement about the easement. Any water rights can only be transferred in a separate, specific agreement that follows state law and public process rules.