In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
Q: SECTION 1. SHORT TITLE.

This Act may be cited as the ''TVA Distributor Self-Sufficiency Act
of 2001''.

SEC. 2. LIMITATION ON AUTHORITY OF TENNESSEE VALLEY AUTHORITY.

Section 4 of the Tennessee Valley Authority Act of 1933 (16 U.S.C.
831c) is amended by adding at the end the following:
''(m)(1) Shall not prohibit, interfere with, or impair any
determination made or any activity conducted by a TVA distributor
(acting alone or in combination with any person) to build, acquire any
interest in, operate any part of, or purchase electric power from a
facility for the generation of electric power for the purpose of
supplying the incremental power supply needs of the TVA distributor
(without regard to any other purpose for which electric power supplied
by the facility is used).
''(2) In this subsection--
''(A) the term 'incremental power supply needs' means the
power generation capacity that a TVA distributor determines is
required to satisfy the projected peak load of the TVA
distributor (with appropriate reserve margins), to the extent
that the projected peak load and margins exceed the average
annual quantity of power purchases of the TVA distributor
during 1996, 1997, and 1998; and
''(B) the term 'TVA distributor' means a cooperative
organization or publicly owned electric power system that, on
January 2, 2001, purchased electric power at wholesale from the
Corporation.''.

SEC. 3. TENNESSEE VALLEY AUTHORITY LEAST COST PLANNING PROGRAM.

Section 113 of the Energy Policy Act of 1992 (16 U.S.C. 831m-1) is
amended--
(1) by striking subsection (a) and inserting the following:
''(a) Definitions.--In this section:
''(1) TVA distributor.--The term 'TVA distributor' means a
cooperative organization or publicly owned electric power
system that, on January 2, 2001, purchased electric power at
wholesale from the Tennessee Valley Authority.
''(2) System cost.--
''(A) In general.--The term 'system cost' means all
direct and quantifiable net costs of an energy resource
over the available life of the energy resource.
''(B) Inclusions.--The term 'system cost' includes
the costs of--
''(i) production;
''(ii) transportation;
''(iii) utilization;
''(iv) waste management;
''(v) environmental compliance; and
''(vi) in the case of an imported energy
resource, maintaining access to a foreign
source of supply.'';
(2) in subsection (b)--
(A) by striking paragraph (1) and inserting the
following:
''(1) In general.--
''(A) Triennial planning programs.--The Tennessee
Valley Authority shall conduct a least-cost planning
program in accordance with this section once every 3
years, including 1 such program to be concluded by
December 31, 2001.
''(B) Public participation.--Each planning program
shall be open to public participation.
''(C) Requirements.--In conducting a planning
program, the Tennessee Valley Authority shall use a
planning and selection process for new energy resources
that evaluates the full range of existing and
incremental resources (including new power supplies
that may be constructed, owned, and operated by 1 or
more TVA distributors, other new power supplies, energy
conservation and efficiency, and renewable energy
resources) in order to provide adequate and reliable
service to electric customers of the Tennessee Valley
Authority requiring such service at the lowest system
cost.'';
(B) in paragraph (2)--
(i) in subparagraph (B), by striking
''and'' at the end;
(ii) in subparagraph (C), by striking the
period at the end and inserting
''; and''; and
(iii) by adding at the end the following:
''(D) take into account current, planned, and
projected ownership and self-supply of power generation
resources by 1 or more TVA distributors.''; and
(C) by striking paragraph (3); and
(3) in subsection (c)--
(A) in paragraph (1)--
(i) in subparagraph (A), by striking
''distributors of the Tennessee Valley
Authority'' and inserting ''TVA distributors'';
and
(ii) by striking subparagraph (B) and
inserting the following:
''(B) encourage and assist TVA distributors in--
''(i) the planning and implementation of
cost-effective energy efficiency options;
''(ii) load forecasting; and
''(iii) the planning, construction,
ownership, operation, and maintenance of power
generation facilities owned or acquired by a
TVA distributor.''; and
(B) in the first and second sentences of paragraph
(2), by striking ''distributors'' and inserting ''TVA
distributors''.

SEC. 4. INCLUSION OF THE TENNESSEE VALLEY AUTHORITY IN THE DEFINITION
OF PUBLIC UTILITY FOR PURPOSES OF PARTS II AND III OF THE
FEDERAL POWER ACT.

(a) In General.--Section 201(e) of the Federal Power Act (16 U.S.C.
824(e)) is amended--
(1) by striking ''means any person who'' and inserting
''means--
''(1) any person that'';
(2) by striking ''the period at the end and inserting '';
and''; and
(3) by adding at the end the following:
''(2) the Tennessee Valley Authority.''.
(b) Conforming Amendment.--Section 201(f) of the Federal Power Act
(16 U.S.C. 824(f)) is amended by striking ''foregoing, or any
corporation'' and inserting ''foregoing (other than the Tennessee
Valley Authority), or any corporation''.
A:
TVA Distributor Self-Sufficiency Act of 2001 - Amends the Tennessee Valley Authority Act of 1933 to prohibit the Tennessee Valley Authority (TVA) from prohibiting, interfering with, or impairing any determination made or any activity conducted by a TVA distributor to build, acquire any interest in, operate, or purchase electric power from an electric power generating facility for the purpose of supplying the distributor's incremental power supply needs.Amends the Energy Policy Act of 1992 to require TVA to conduct a triennial least-cost planning program open to public participation.Amends the Federal Power Act to include TVA in the definition of public utility for purposes of such Act.