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Southwestern Power Administration Fund Establishment Act

USA119th CongressHR-2432| House 
| Updated: 3/27/2025
Sam Graves

Sam Graves

Republican Representative

Missouri

Cosponsors (3)
Derek Schmidt (Republican)Sharice Davids (Democratic)Tracey Mann (Republican)

Appropriations Committee, Natural Resources Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill establishes the Southwestern Power Administration Fund within the Treasury of the United States, centralizing the financial resources for the Southwestern Power Administration (SWPA). The fund will consolidate various existing funding streams, including all SWPA receipts, appropriations, and transferred unexpended balances from previous continuing, advanced payment, and offsetting collections funds. Amounts in this fund will remain available until expended, providing continuous financial support for the agency's critical operations. The Secretary of Energy, acting through the Administrator, is authorized to use these funds for essential activities such as the operation and maintenance of power transmission facilities , marketing electric power, and the construction or acquisition of new transmission assets, alongside administrative expenses related to SWPA's statutory duties. The bill grants the Secretary the authority to incur obligations in advance of appropriations, enhancing financial flexibility for projects. Annually, any excess amounts in the fund must be transferred to the Treasury as miscellaneous receipts, ensuring fiscal accountability. Conforming amendments are also included to integrate the new fund with existing statutory provisions and repeal obsolete funding mechanisms.
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Timeline

Bill from Previous Congress

HR 118-4219
Southwestern Power Administration Fund Establishment Act
Mar 27, 2025
Introduced in House
Mar 27, 2025
Referred to the Committee on Natural Resources, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 17, 2026

Latest Companion Bill Action

S 119-1034
Committee on Energy and Natural Resources Subcommittee on Water and Power. Hearings held.
  • Bill from Previous Congress

    HR 118-4219
    Southwestern Power Administration Fund Establishment Act


  • March 27, 2025
    Introduced in House


  • March 27, 2025
    Referred to the Committee on Natural Resources, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • March 17, 2026

    Latest Companion Bill Action

    S 119-1034
    Committee on Energy and Natural Resources Subcommittee on Water and Power. Hearings held.

Energy

Related Bills

  • S 119-1034: Southwestern Power Administration Fund Establishment Act

Southwestern Power Administration Fund Establishment Act

USA119th CongressHR-2432| House 
| Updated: 3/27/2025
This bill establishes the Southwestern Power Administration Fund within the Treasury of the United States, centralizing the financial resources for the Southwestern Power Administration (SWPA). The fund will consolidate various existing funding streams, including all SWPA receipts, appropriations, and transferred unexpended balances from previous continuing, advanced payment, and offsetting collections funds. Amounts in this fund will remain available until expended, providing continuous financial support for the agency's critical operations. The Secretary of Energy, acting through the Administrator, is authorized to use these funds for essential activities such as the operation and maintenance of power transmission facilities , marketing electric power, and the construction or acquisition of new transmission assets, alongside administrative expenses related to SWPA's statutory duties. The bill grants the Secretary the authority to incur obligations in advance of appropriations, enhancing financial flexibility for projects. Annually, any excess amounts in the fund must be transferred to the Treasury as miscellaneous receipts, ensuring fiscal accountability. Conforming amendments are also included to integrate the new fund with existing statutory provisions and repeal obsolete funding mechanisms.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 118-4219
Southwestern Power Administration Fund Establishment Act
Mar 27, 2025
Introduced in House
Mar 27, 2025
Referred to the Committee on Natural Resources, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 17, 2026

Latest Companion Bill Action

S 119-1034
Committee on Energy and Natural Resources Subcommittee on Water and Power. Hearings held.
  • Bill from Previous Congress

    HR 118-4219
    Southwestern Power Administration Fund Establishment Act


  • March 27, 2025
    Introduced in House


  • March 27, 2025
    Referred to the Committee on Natural Resources, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • March 17, 2026

    Latest Companion Bill Action

    S 119-1034
    Committee on Energy and Natural Resources Subcommittee on Water and Power. Hearings held.
Sam Graves

Sam Graves

Republican Representative

Missouri

Cosponsors (3)
Derek Schmidt (Republican)Sharice Davids (Democratic)Tracey Mann (Republican)

Appropriations Committee, Natural Resources Committee

Energy

Related Bills

  • S 119-1034: Southwestern Power Administration Fund Establishment Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted