Southwestern Power Administration Fund Establishment Act

Sponsor: Sam Graves (Republican-MO)March 27, 2025

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Referred to the Committee on Natural Resources, and in addition to the Committee on Appropriations, 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.

Creates a single fund to manage the Southwestern Power Administration's finances.

This bill would create one main fund for the Southwestern Power Administration (SWPA). This new fund would bring together all of SWPA's money, including payments and existing balances from other accounts. This aims to simplify how the agency manages its finances for power operations.

What Would Change

Currently, the Southwestern Power Administration manages its finances through several separate funds. If this bill becomes law, all of the agency's money would be consolidated into one new fund, simplifying how it collects, uses, and manages its budget for power operations.

Key Provisions

Creates the Southwestern Power Administration Fund in the U.S. Treasury.
Combines all of SWPA's money, including payments and existing balances, into this new fund.
Lets the Southwestern Power Administration use this fund for operating and maintaining power lines, marketing electricity, and building new facilities.
Allows the Southwestern Power Administration to make financial commitments for approved projects before money is officially set aside.
Requires the Southwestern Power Administration to send any extra money in the fund to the U.S. Treasury each year.
Makes sure money in the fund stays available until it is spent.

View on Congress.gov

HR 2432 · 119th Congress · March 27, 2025 · AI Summary by gemini-2.5-flash · 10/10

Lobbying Activity

3 filings mentioned this bill

Top Lobbying Clients

SOUTHWESTERN POWER RESOURCES ASSOCIATION

$40K

2 filings

NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION (NRECA)

1 filing

Top Lobbying Firms

1.KANNER & ASSOCIATES, LLC2 filings

2.NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION (NRECA)1 filing

Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.