42 U.S.C. § 7276f — Western Area Power Administration; deposit and availability of discretionary offsetting collections

in plain englishAI-generated · not legal advice

Notwithstanding section 3302 of title 31 , section 825s of title 16 , and section 392a of title 43 , funds collected by the Western Area Power Administration from the sale of power and related services that are applicable to the repayment of the annual expenses of this account in this and subsequent fiscal years must be credited to this account as discretionary offsetting collections for the sole purpose of funding that expenses, with that funds remaining available until expended: Provided further , That for purposes of this appropriation, annual expenses means expenditures that are generally recovered in the same year that they are incurred (excluding purchase power and wheeling expenses). It also states the related requirements and limits.

Notwithstanding section 3302 of title 31 , section 825s of title 16 , and section 392a of title 43 , funds collected by the Western Area Power Administration from the sale of power and related services that are applicable to the repayment of the annual expenses of this account in this and subsequent fiscal years must be credited to this account as discretionary offsetting collections for the sole purpose of funding that expenses, with that funds remaining available until expended: Provided further , That for purposes of this appropriation, annual expenses means expenditures that are generally recovered in the same year that they are incurred (excluding purchase power and wheeling expenses).

the actual law source: uscode.house.gov ↗public domain

Notwithstanding section 3302 of title 31, section 825s of title 16, and section 392a of title 43, funds collected by the Western Area Power Administration from the sale of power and related services that are applicable to the repayment of the annual expenses of this account in this and subsequent fiscal years shall be credited to this account as discretionary offsetting collections for the sole purpose of funding such expenses, with such funds remaining available until expended: Provided further, That for purposes of this appropriation, annual expenses means expenditures that are generally recovered in the same year that they are incurred (excluding purchase power and wheeling expenses).

Source credit: (Pub. L. 111–85, title III, Oct. 28, 2009, 123 Stat. 2870.)

history & why it existsrecord from the source credit

2009Enacted · Pub. L. 111-85 · 123 Stat. 2870

A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-85 on 2009-10-28.