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U.S. Code as of:
01/19/04
Section 831ee. Essential stewardship activities
For essential stewardship activities for which appropriations
were provided to the Tennessee Valley Authority in Public Law
104-206, such sums as are necessary in fiscal year 1999 and
thereafter, to be derived only from one or more of the following
sources: nonpower fund balances and collections; investment returns
of the nonpower program; applied programmatic savings in the power
and nonpower programs; savings from the suspension of bonuses and
awards; savings from reductions in memberships and contributions;
increases in collections resulting from nonpower activities,
including user fees; or increases in charges to private and public
utilities both investor and cooperatively owned, as well as to
direct load customers: Provided, That such funds are available to
fund the stewardship activities under this section, notwithstanding
sections 11, 14, 15, 29 [16 U.S.C. 831j, 831m, 831n, 831bb], or
other provisions of the Tennessee Valley Authority Act [16 U.S.C.
831 et seq.], as amended, or provisions of the TVA power bond
covenants: Provided further, That the savings from, and revenue
adjustments to, the TVA budget in fiscal year 1999 and thereafter
shall be sufficient to fund the aforementioned stewardship
activities such that the net spending authority and resulting
outlays for these activities shall not exceed $0 in fiscal year
1999 and thereafter.
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