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S 2332 103th Congress Senate Energy Capital investments Columbia River development Dams Economics and Public Finance Electric power distribution Electric power transmission Electric utility rates Energy policy Finance and Financial Sector Government Operations and Politics Government lending Government service contracts Hydroelectric power Indian claims Indian lands Interest rates Minorities Washington State Water Resources Development

Bonneville Power Administration Refinancing Act

Introduced: July 28, 1994 See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 29, 1994
Referred to Subcommittee on Water and Power.
Jul 28, 1994
Read twice and referred to the Committee on Energy and Natural Resources.
Jul 28, 1994
Sponsor introductory remarks on measure. (CR S10051-10056)
Jul 28, 1994
Introduced in Senate
 Plain-English summary Congressional Research Service

Bonneville Power Administration Refinancing Act - Amends the Federal Columbia River Transmission System Act to prescribe guidelines under which the Administrator of the Bonneville Power Administration (BPA) is directed to refinance a certain appropriated debt by establishing: (1) a new principal amount for such debt; (2) new interest rates for such debt based on long-term Treasury rates in effect as of the date the principal is reset; and (3) a $100 million limit on prepayments of old capital investments before a certain date.

States that certain claim settlement payments made by the Administrator to the Confederated Tribes of the Colville Reservation shall be credited against BPA payments made to the Treasury.

Directs the Administrator to offer to include provisions in future electric power service contracts that preclude further increases in the principal amount or interest rate obligations to the Government.

What's happening now July 29, 1994

Referred to Subcommittee on Water and Power.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1