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Amends the Tennessee Valley Authority Act to change how the TVA reports financial and compensation information and adds a new exemption: employee salary data for the Corporation is not subject to certain public-disclosure and congressionally-mandated reporting rules. Specifically, the bill shields TVA employee salary information from disclosure under the statute cited in 5 U.S.C. 552(b)(3) and from reporting requirements under the Access to Congressionally Mandated Reports Act.
In subsection (a), strike "a financial statement" and all that follows through and insert "inserting,500 a year" (text shown verbatim in the amendment).
Strike all text that precedes and insert new text and headings: "9 Financial reporting" with subsection (a) titled "Report on compensation" and paragraph (1) "In general; and" (as inserted by the amendment).
Add at the end of subsection (a) a new paragraph (2) "Exemption": information concerning salaries of employees of the Corporation contained in, or filed with, the report described in paragraph (1) is exempt from (A) disclosure under section 552(b)(3) of title 5, United States Code, and (B) the requirements of the Access to Congressionally Mandated Reports Act (Public Law 117–263).
Who is affected and how:
TVA employees: Directly affected because their salary information (as defined by the amended statute) would no longer be disclosed or included in reports under the two named authorities. That reduces public availability of individual compensation data through those channels.
Tennessee Valley Authority (the Corporation): Gains reduced reporting obligations for employee salary details under the two specified laws; administratively it will omit covered salary data from reports and disclosures triggered by those authorities.
Congress and public oversight bodies: May have less access to TVA employee salary information when relying on the specified statutory disclosure paths, which could limit certain types of oversight or public review that use those reports.
Members of the public, researchers, journalists, watchdogs: Experience reduced transparency for TVA employee compensation under the cited disclosure laws; alternative legal avenues (other statutes, FOIA pathways not covered by the exemption, or internal TVA reporting) could still provide some information but are not changed by this amendment.
Electric customers / regional stakeholders: Indirectly affected in that reduced public reporting can limit external review of TVA compensation practices; it does not itself change rates, services, or operational policy.
Net effect: Narrow statutory change that specifically limits two legal reporting/disclosure mechanisms for TVA employee salary data. It reduces transparency of that particular information stream without altering TVA programs, budgets, or employee compensation rules themselves.
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Introduced January 3, 2025 by Stephen Cohen · Last progress January 16, 2025
Received in the Senate and Read twice and referred to the Committee on Environment and Public Works.
Received in the Senate and Read twice and referred to the Committee on Environment and Public Works.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 423 - 0 (Roll no. 14). (text: 1/13/2025 CR H105)
Considered as unfinished business. (consideration: CR H169-170)