Tennessee Valley Authority Power Competition Act of 2000

Summary

Tennessee Valley Authority Power Competition Act of 2000 - Directs the Secretary of Energy (the Secretary) to sell the fossil-fuel and nuclear power generation and electric power transmission facilities owned and operated by the Tennessee Valley Authority (TVA). Prescribes procedural guidelines governing : (1) the sale of facilities; (2) competitive bidding; (3) cooperation of other Federal agencies; (4) retention of a financial and bid management advisor; (5) costs, proceeds and treatment of sales; and (6) legal obligations. Instructs the Secretary to report to the Federal Energy Regulatory Commission (FERC) concerning the facilities to be sold under this Act. Places within FERC jurisdiction all rates and charges established for the wholesale sale of electric power from facilities sold under this Act. Directs the Secretary to develop and implement procedures to ensure that all power produced by TVA-owned hydroelectric dams is sold at market-based rates in the relevant bulk power supply market. Prescribes implementation guidelines governing: (1) bid and auction procedures; (2) use of revenue; (3) establishment of the Fund for Environmental Mitigation and Restoration; and (4) establishment of the Fund for Renewable Resources. Grants public bodies and cooperatives the right of first refusal to purchase power at market prices. Instructs TVA to terminate its long-term contracts with distributors and retail customers within one year after the date of enactment of this Act.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 14 June 2000

   Introduced

   Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Commerce, 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.

   Source: IntroReferral

2. 14 June 2000

   Introduced

   Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Commerce, 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.

   Source: IntroReferral

3. 14 June 2000

   Introduced

   Introduced in House

   Source: IntroReferral

4. 14 June 2000

   Introduced

   Introduced in House

   Source: IntroReferral

5. 26 June 2000

   Referred

   Referred to the Subcommittee on Energy and Power.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 14 June 2000 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 14 June 2000

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 14 June 2000

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 14 June 2000

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Frelinghuysen, Rodney P. [R-NJ-11] · R · Sponsor
• Rep. Franks, Bob [R-NJ-7] · R · Sponsor
• Rep. Foley, Mark [R-FL-16] · R · Sponsor
• Rep. Meehan, Martin T. [D-MA-5] · D · Sponsor
• Rep. Barrett, Thomas M. [D-WI-5] · D · Cosponsor
• · hsif00 · Standing
• · hspw00 · Standing

Related records

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