H.R.2432 - Southwestern Power Administration Fund Establishment Act (119th Congress)
Summary
H.R.2432, the Southwestern Power Administration Fund Establishment Act, aims to create a dedicated fund within the Treasury for the Southwestern Power Administration (SWPA). This fund would consolidate various existing receipts, collections, and appropriations related to the SWPA's operations. The bill outlines how the fund will be managed, including transfers of unexpended balances and the use of funds for operational and administrative expenses.
Expected Effects
The establishment of the SWPA Fund is intended to streamline the financial management of the SWPA. It allows for more efficient use of resources for power transmission, marketing, and infrastructure development. The bill also ensures that excess funds are returned to the Treasury, promoting fiscal responsibility.
Potential Benefits
- Streamlined financial management for the Southwestern Power Administration.
- More efficient use of funds for power transmission and infrastructure.
- Ensures funds are available until expended, providing financial stability.
- Allows for incurring obligations in advance of appropriations, enabling timely project execution.
- Excess funds are returned to the Treasury, promoting fiscal responsibility.
Potential Disadvantages
- Potential for reduced congressional oversight due to the fund's dedicated nature.
- Possible shift in priorities within the SWPA based on fund availability.
- Risk of inefficient allocation of resources if not managed effectively.
- Could lead to increased reliance on the fund rather than seeking regular appropriations.
- Potential for unintended consequences due to changes in existing financial structures.
Constitutional Alignment
The bill appears to align with the constitutional powers granted to Congress under Article I, Section 8, which includes the power to regulate commerce and provide for the general welfare. The establishment of a fund for the Southwestern Power Administration falls under Congress's authority to manage federal resources and infrastructure. The bill does not appear to infringe on any specific constitutional rights or limitations.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).