This bill amends the Tennessee Valley Authority Act of 1933, primarily focusing on financial reporting and transparency regarding employee compensation. It mandates that the Tennessee Valley Authority (TVA) Board submit a detailed report to Congress. This report must include the name, salary, and duties of all employees at the management level or above, including executives and Board members, who receive compensation equal to or greater than the maximum rate for a GS-15 employee. Despite the bill's short title, a significant provision explicitly exempts the salary information contained within this new report from public disclosure. This exemption applies to requests made under the Freedom of Information Act (FOIA) and the requirements of the Access to Congressionally Mandated Reports Act. The legislation also updates several outdated references within the TVA Act, replacing "General Accounting Office" with "Government Accountability Office" and modernizing various statutory citations related to audits and financial oversight by the Comptroller General.