Tennessee Valley Authority Salary Transparency Act

This bill brings back a yearly report that the Tennessee Valley Authority (TVA) must send to Congress. TVA is the public power provider for Tennessee and nearby areas. The report must include a financial statement and some pay information for higher-earning TVA employees. The older rule from 1995 that had ended this reporting no longer applies to these TVA reports .

The report’s pay details focus on employees who make more than the top rate for a GS-13 federal salary, not everyone. Some of the salary information in the report is also exempt from public disclosure rules and from certain report-posting requirements, which means not all details will be publicly released .

Key points

• Who is affected: TVA and its higher-paid employees; people and communities served by TVA’s power and river services.
• What changes: TVA must again file an annual financial and operations report to Congress; the report lists names, salaries, and duties only for employees earning above the GS-13 top pay; some salary info in the report is not publicly released under certain federal rules .
• When: Takes effect once enacted into law.