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104TH CONGRESS

1ST SESSION H. R. 310

To provide for the privatization of the Federal Power Marketing

Administrations, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

JANUARY 4, 1995

Mr. KLUG introduced the following bill; which was referred to the Committee

on Resources

A BILL

To provide for the privatization of the Federal Power

Marketing Administrations, and for other purposes.

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,

3 SECTION 1. SHORT TITLE.

4 This Act may be cited as the ‘‘Federal Power Admin5 istration Privatization Act of 1995’’.

6 SEC. 2. SALE OF ASSETS.

7 (a) SALE OF ASSETS.—The Secretary of Energy is

8 authorized and directed to take such steps as may be nec9 essary to sell the physical assets, and terminate the oper10 ations, of the Federal Power Marketing Administrations.
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1 The heads of other affected Federal departments and

2 agencies, including the Secretary of the Interior, shall as3 sist the Secretary of Energy in implementing the sales au4 thorized by this section.

5 (b) PROCEEDS.—The Secretary of Energy shall de6 posit sale proceeds in the Treasury of the United States

7 to the credit of miscellaneous receipts.

8 (c) PREPARATION.—There are authorized to be ap9 propriated such sums as are necessary to prepare assets

10 of the Federal Power Marketing Administrations for sale

11 and conveyance. Such preparation shall provide sufficient

12 title to ensure the beneficial use, enjoyment, and occu13 pancy to the purchasers assets to be sold.

14 (d) TERMINATION AND REPORT.—Not later than 1

15 year after both the sales authorized in this section have

16 been completed respect to the assets of any Federal Power

17 Marketing Administration, the Secretary of Energy

18 shall—

19 (1) complete the business of, and close out,

20 such administration;

21 (2) prepare and submit to Congress a report

22 documenting the sales; and

23 (3) return unused balances of funds appro24 priated for the administration to the Treasury of the

25 United States.
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1 (e) TREATMENT OF SALES FOR PURPOSES OF CER2 TAIN LAWS.—The sales of assets under this Act are not

3 considered a disposal of Federal surplus property under

4 the following provisions of law:

5 (1) Section 203 of the Federal Property and

6 Administrative Services Act of 1949 (40 U.S.C.

7 484).

8 (2) Section 13 of the Surplus Property Act of

9 1944 (50 U.S.C. App. 1622).

10 SEC. 3. EXEMPTION.

11 After any sale of a hydroelectric project pursuant to

12 section 2, the project, including future modifications, shall

13 continue to be exempt from the requirements of the Fed14 eral Power Act (15 U.S.C. 79a et seq.) including its re15 quirements with respect to applications, permits, licenses,

16 and fees, unless a future modification affects Federal

17 lands not used for the project when this Act takes effect.

18 SEC. 4. CONFORMING AMENDMENTS.

19 (a) EKLUTNA.—The Act of July 31, 1950 (64 Stat.

20 382) is repealed effective on the date, as determined by

21 the Secretary of Energy, when all Eklutna assets of the

22 Alaska Power Administration have been conveyed to the

23 Eklutna Purchasers.

24 (b) SNETTISHAM.—Section 204 of the Flood Control

25 Act of 1962 (Public Law 87–874; 76 Stat. 1193) is re-
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1 pealed effective on the date, as determined by the Sec2 retary of Energy, when all Snettisham assets of the Alaska

3 Power Administration have been conveyed to the Author4 ity.

5 (c) DOE ORGANIZATION ACT.—Upon the sale of all

6 assets of all Federal Power Marketing Administrations,

7 section 302(a) of the Department of Energy Organization

8 Act (42 U.S.C. 7152(a)) is amended as follows:

9 (1) In paragraph (1) by striking out subpara10 graphs (A) through (C).

11 (2) By striking out paragraph (2).

12 (d) ALASKA WATER RESOURCES.—The Act of Au13 gust 9, 1955 (69 Stat. 618), concerning water resources

14 investigations in Alaska, is repealed.

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