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  <version>3.0.0</version>
  <bill>
    <number>308</number>
    <updateDate>2023-01-15T22:03:50Z</updateDate>
    <updateDateIncludingText>2023-01-15T22:03:50Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
    <type>S</type>
    <introducedDate>2003-02-05</introducedDate>
    <congress>108</congress>
    <committees>
      <item>
        <systemCode>ssev00</systemCode>
        <name>Environment and Public Works Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2003-02-05T21:17:39Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2003-02-05</actionDate>
        <committees>
          <item>
            <systemCode>ssev00</systemCode>
            <name>Environment and Public Works Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Read twice and referred to the Committee on Environment and Public Works. (text of measure as introduced: CR S1983)</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2003-02-05</actionDate>
        <text>Sponsor introductory remarks on measure. (CR S1982-1983)</text>
        <type>IntroReferral</type>
        <actionCode>B00100</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2003-02-05</actionDate>
        <text>Introduced in Senate</text>
        <type>IntroReferral</type>
        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
    </actions>
    <sponsors>
      <item>
        <bioguideId>L000447</bioguideId>
        <fullName>Sen. Lott, Trent [R-MS]</fullName>
        <firstName>CHESTER</firstName>
        <lastName>LOTT</lastName>
        <party>R</party>
        <state>MS</state>
        <middleName>TRENT</middleName>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Water Resources Development</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Capital investments</name>
        </item>
        <item>
          <name>Commerce</name>
        </item>
        <item>
          <name>Congress</name>
        </item>
        <item>
          <name>Congressional oversight</name>
        </item>
        <item>
          <name>Congressional reporting requirements</name>
        </item>
        <item>
          <name>Corporate finance</name>
        </item>
        <item>
          <name>Corporation reports</name>
        </item>
        <item>
          <name>Debt</name>
        </item>
        <item>
          <name>Electric power distribution</name>
        </item>
        <item>
          <name>Electric power production</name>
        </item>
        <item>
          <name>Electric utilities</name>
        </item>
        <item>
          <name>Energy</name>
        </item>
        <item>
          <name>Energy demand</name>
        </item>
        <item>
          <name>Finance and Financial Sector</name>
        </item>
        <item>
          <name>Government Operations and Politics</name>
        </item>
        <item>
          <name>Government corporations</name>
        </item>
        <item>
          <name>Hydroelectric power</name>
        </item>
        <item>
          <name>Nuclear power plants</name>
        </item>
        <item>
          <name>Public debt</name>
        </item>
        <item>
          <name>Tennessee Valley Authority</name>
        </item>
        <item>
          <name>Tennessee Valley development</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Water Resources Development</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2003-02-05</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2006-11-28T17:35:40Z</updateDate>
        <text><![CDATA[Directs the Tennessee Valley Authority (TVA) to submit a Ten-Year Business Outlook and Strategic Plan to the Director of the Office of Management and Budget and to certain congressional committees that includes: (1) estimates of power demand and capital expenditures; (2) a strategy and criteria for the development and financing of new nuclear and nonnuclear power supply sources; and (3) a strategy for managing the financing, refinancing, and repayment of existing TVA indebtedness.<p>Requires the financial plan to include TVA policies regarding: (1) the use of short-term and long-term debt; (2) the use of derivative or other financing instruments; and (3) risk management strategies.<p>Prohibits TVA, until the Director and each of the congressional committee leaders issue a written concurrence to the Plan, from: (1) expending any internally generated capital or otherwise undertake any investment in, or enter into any arrangement that would result in the development or financing of, new, additional, or replacement plant, equipment, or capacity; or (2) undertaking any financing of additional indebtedness or refinancing of debt without the written concurrence of the Director and leaders of specified congressional committees.]]></text>
      </summary>
    </summaries>
    <title>A bill to impose greater accountability on the Tennessee Valley Authority with respect to capital investment decisions and financing operations by increasing Congressional and Executive Branch oversight.</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>A bill to impose greater accountability on the Tennessee Valley Authority with respect to capital investment decisions and financing operations by increasing Congressional and Executive Branch oversight.</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to impose greater accountability on the Tennessee Valley Authority with respect to capital investment decisions and financing operations by increasing Congressional and Executive Branch oversight.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in Senate</type>
        <date>2003-02-05T05:00:00Z</date>
        <formats/>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2003-02-05</actionDate>
      <text>Read twice and referred to the Committee on Environment and Public Works. (text of measure as introduced: CR S1983)</text>
    </latestAction>
  </bill>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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