Department of Energy Reform and Savings Act of 1993

Summary

TABLE OF CONTENTS: Title I: Alaska Power Administration Sale Authorization Act Title II: Federal-Private Cogeneration of Electricity Title III: Power Marketing Administration Debt Buyout Department of Energy Reform and Savings Act of 1993 - Title I: Alaska Power Administration Sale Authorization Act - Alaska Power Administration Sale Authorization Act - Authorizes the Secretary of Energy, in accordance with specified purchase agreements, to sell: (1) the Snettisham Hydroelectric Project to the State of Alaska Industrial Development and Export Authority; and (2) the Eklutna Hydroelectric Project to the Anchorage Municipal Light and Power, the Chugach Electric Association, Inc., and the Matanuska Electric Association Inc. Directs the Secretary to: (1) close out the Alaska Power Administration; and (2) assess alternative options for maximizing the return to the Treasury from the sale of the Alaska Power Marketing Administration before taking any of the sales actions authorized by this title. Title II: Federal-Private Cogeneration of Electricity - Amends the National Energy Conservation Policy Act to modify the definition of "energy savings" to include increased efficiency from cogeneration processes for other than federally owned buildings or other federally owned facilities. Title III: Power Marketing Administration Debt Buyout - Part 1: Bonneville Power Administration Debt Buyout - Bonneville Power Administration Repayment Bonds Act - Authorizes the Administrator of the Bonneville Power Administration to sell bonds according to prescribed procedures. (Sec. 303) Amends the Federal Columbia River Transmission System Act to authorize the Administrator to make expenditures from the Bonneville Power Administration fund to pay the financing and debt service costs of such bonds. (Sec. 304) Amends the Pacific Northwest Electric Power Planning and Conservation Act to authorize the Administrator to base power and transmission rates upon a single, combined generation and transmission repayment study which demonstrates that all indebtedness is repaid by its due date. Part 2: Other Power Marketing Administrations Debt Buyout - Power Marketing Administrations Financing Act - Sets forth procedural guidelines for the Administrators of the Southeastern, Southwestern and Western Area Power Administrations to repay the discounted present value of existing indebtedness to the United States. (Sec. 309) Establishes a Power Marketing Administration Sinking Fund. (Sec. 310) Authorizes each Administrator to issue revenue bonds and other instruments of indebtedness to refinance existing indebtedness.

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Timeline

1. 8 November 1993

   Introduced

   Read twice and referred to the Committee on Energy and Natural Resources.

   Source: IntroReferral

2. 8 November 1993

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 16 November 1993

   Committee

   Committee on Energy and Natural Resources. Hearings held.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 8 November 1993 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 8 November 1993

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 8 November 1993

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 8 November 1993

  Open at official source

Sponsors

• Sen. Johnston, J. Bennett [D-LA] · D · Sponsor
• · sseg00 · Standing

Related records

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