A bill to impose greater accountability on the Tennessee Valley Authority with respect to capital investment decisions and financing operations by increasing Congressional and Executive Branch oversight.
Latest action · Feb 5, 2003 Read twice and referred to the Committee on Environment and Public Works. (text of measure as introduced: CR S1983)
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 5, 2003
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Requires the financial plan to include TVA policies regarding: (1) the use of short-term and long-term debt; (2) the use of derivative or other financing instruments; and (3) risk management strategies.
Prohibits TVA, until the Director and each of the congressional committee leaders issue a written concurrence to the Plan, from: (1) expending any internally generated capital or otherwise undertake any investment in, or enter into any arrangement that would result in the development or financing of, new, additional, or replacement plant, equipment, or capacity; or (2) undertaking any financing of additional indebtedness or refinancing of debt without the written concurrence of the Director and leaders of specified congressional committees.
Cosponsors
Members who signed on, in the order they did.
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Environment and Public Works Committee | Referred Feb 5, 2003 |
Actions 3
Everything that happened, newest first.
- Feb 5, 2003Introduced in Senate
- Feb 5, 2003Sponsor introductory remarks on measure. (CR S1982-1983)
- Feb 5, 2003Read twice and referred to the Committee on Environment and Public Works. (text of measure as introduced: CR S1983)
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S1982Text printed S1983 | Trent Lott R-MS (text) | Feb 5, 2003 |
Titles 1
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to impose greater accountability on the Tennessee Valley Authority with respect to capital investment decisions and financing operations by increasing Congressional and Executive Branch oversight.
Subjects
Assigned by the Library of Congress. Policy area: Water Resources Development.
- Capital investments
- Commerce
- Congress
- Congressional oversight
- Congressional reporting requirements
- Corporate finance
- Corporation reports
- Debt
- Electric power distribution
- Electric power production
- Electric utilities
- Energy
- Energy demand
- Finance and Financial Sector
- Government corporations
- Government Operations and Politics
- Hydroelectric power
- Nuclear power plants
- Public debt
- Tennessee Valley Authority
- Tennessee Valley development
- Water Resources Development
Text 1
Each version as it was printed, newest first.
- Feb 5, 2003Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.