Bills · HR 2432
IN COMMITTEE· 119TH CONGRESS
House BillHR 2432Department of EnergyExecutive agency funding and structure
Southwestern Power Administration Fund Establishment Act
INTRO MAR 27· LAST ACTION MAR 27
READING
4MIN
COSPONSORS
4BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThe Southwestern Power Administration (SWPA) would be directly affected, as this bill significantly changes how it manages its budget and financial resources, streamlining them into a single fund. This could lead to greater administrative efficiency for the agency.
Indirectly, utility customers and electric cooperatives in the six-state region served by SWPA (Arkansas, Kansas, Louisiana, Missouri, Oklahoma, and Texas) could be affected. A more efficient or stable financial structure for SWPA might contribute to more reliable power delivery or influence future electricity rates, though this impact would be indirect and difficult to quantify immediately. American taxpayers would also be affected by a clearer accounting of federal funds and the annual return of any excess funds to the Treasury.
KEY PROVISIONS
5AI-extractedPROVISION 01
Establishes the "Southwestern Power Administration Fund" in the U.S. Treasury.
Creates a single, dedicated financial account for the agency.
PROVISION 02
Consolidates all existing SWPA receipts, collections, trust funds, appropriations, and unspent balances from several old funds into this new account.
Centralizes SWPA's financial resources into one place, simplifying its money management.
PROVISION 03
Specifies that the money in the Fund will be used for operating and maintaining power transmission facilities, marketing electricity, constructing new infrastructure, and covering administrative costs.
Clearly defines what the consolidated funds can be spent on, ensuring they are used for SWPA's core mission.
PROVISION 04
Allows the Southwestern Power Administration to make spending commitments in advance of receiving the actual money, as long as the fund will cover it later.
Provides flexibility for the agency to address operational needs or projects promptly.
PROVISION 05
Requires that any excess money in the Fund at the end of each year be transferred back to the general U.S. Treasury.
Ensures accountability and prevents unnecessary accumulation of funds within the agency.
SPONSORSHIP
1 + 4
R· Missouri
YRS IN OFFICE
25
BILLS LED
16
COSPONSOR BREAKDOWNBIPARTISAN · 50%
DEM 1 REP 3 IND 0
ACTION TIMELINE
2 EVENTSMAR 27
Introduced in House
MAR 27
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.
BILL INFO
TypeHouse Bill
NumberHR 2432
Congress119th
StatusIn Committee
IntroducedMar 27, 2025
Last actionMar 27, 2025
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IN COMMITTEE· 119TH CONGRESS · APPROPRIATIONS COMMITTEE · INTRODUCED MAR 27, 2025
House BillHR 2432Department of EnergyExecutive agency funding and structure
Southwestern Power Administration Fund Establishment Act
INTRODUCED MAR 27, 2025· LAST ACTION MAR 27, 2025
PASSAGE CHANCES
—%
READING
4 min
COSPONSORS
4
COMPLEXITY
Moderate
