A Rare Bill to Repeal Something
H.R. 2915 is called the “American Taxpayer and Western Area Power Administration Customer Protection Act of 2011.” It’s one of those rare bills to repeal something.
Under current law, the Western Area Power Administration can borrow funds from the Department of the Treasury to finance projects for transmitting electric power, up to a limit of $3.25 billion. Projects are eligible for financing if they have at least one terminus in the geographic areas served by the agency and transmit electricity generated from renewable sources. H.R. 2915 would repeal this borrowing authority, which was provided in the American Recovery and Reinvestment Act of 2009 (Public Law 111-5).