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HR 599 104th Congress House 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 Appropriations Refinancing Act

Introduced: January 20, 1995 See on congress.gov
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 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 19, 1996
For Further Action See H.R.799.
Jun 8, 1995
Subcommittee Hearings Held.
Jan 26, 1995
Executive Comment Requested from DOE.
Jan 26, 1995
Referred to the Subcommittee on Water and Power Resources.
Jan 20, 1995
Referred to the House Committee on Resources.
Jan 20, 1995
Introduced in House
 Plain-English summary Congressional Research Service

Bonneville Power Administration Appropriations 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 determining with the approval of the Secretary of the Treasury: (1) a new principal amount for such debt; (2) a new interest rate for such debt based on the Treasury rate for the old capital investment; and (3) a $100 million limit on prepayments of old capital investments before a certain date.

Prescribes guidelines for interest rates for new capital investments.

Amends the Confederated Tribes of the Colville Reservation Grand Coulee Dam Settlement Act to appropriate specified amounts to the Administrator in certain fiscal years so long as the Administrator makes annual payments to the Tribes under a certain settlement agreement.

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 September 19, 1996

For Further Action See H.R.799.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1