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16 U.S.C. § 828b — Exemption from formula, books and records, and project cost statement requirements; annual charges
Federal law — U.S. Code and appendices · legal_authorities
[Section 807 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section807&num=0&edition=prelim) pertaining to the taking over by the United States of any project upon or after the expiration of a license, and sections 825 and 825a of this title requiring certain records and accounting procedures and [section 797(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section797/b&num=0&edition=prelim) requiring the preparation and filing of the statement of actual legitimate original cost of a project, shall not be applicable to any project owned by a State or municipality, and such rights and requirements shall not exist under any license heretofore or hereafter granted to any State or municipality. The Secretary of Energy in determining the amount of annual charges applicable to any such project may determine the annual charges with reference to the actual cost of services incurred by the Secretary with respect to the project.
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Stable record: federal_law:legal_authorities:record_usc_0cf9d205f0e500397ae64389
Source file: Laws/federal/codes/united-states-code/title-16/section-828b-exemption-from-formula-books-and-records-and-project-cost-statement-requ--f892146fae.md
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Source location: Title 16, Chapter 12, § 828b; chapter-012-federal-regulation-and-development-of-power.md
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[Section 807 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section807&num=0&edition=prelim) pertaining to the taking over by the United States of any project upon or after the expiration of a license, and sections 825 and 825a of this title requiring certain records and accounting procedures and [section 797(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section797/b&num=0&edition=prelim) requiring the preparation and filing of the statement of actual legitimate original cost of a project, shall not be applicable to any project owned by a State or municipality, and such rights and requirements shall not exist under any license heretofore or hereafter granted to any State or municipality. The Secretary of Energy in determining the amount of annual charges applicable to any such project may determine the annual charges with reference to the actual cost of services incurred by the Secretary with respect to the project.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Compensation; condemnation by Federal or State Government** Upon not less than two years’ notice in writing from the commission the United States shall have the right upon or after the expiration of any license to take over and thereafter to maintain and operate any project or projects as defined in [section 796 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section796&num=0&edition=prelim), and covered in whole or in part by the license, or the right to take over upon mutual agreement with the licensee all property owned and held by the licensee then valuable and serviceable in the development, transmission, or distribution of power and which is then dependent for its usefulness upon the continuance of the license, together with any lock or locks or other aids to navigation constructed at the expense of the licensee, upon the condition that before taking possession it shall pay the net investment of the licensee in the project or projects taken, not to exceed the fair value of the property taken, plus such reasonable damages, if any, to property of the licensee valuable, serviceable, and dependent as above set forth but not taken, as may be caused by the severance therefrom of property taken, and shall assume all contracts entered into by the licensee with the approval of the Commission. The net investment of the licensee in the project or projects so taken and the amount of such severance damages, if any, shall be determined by the Commission after notice and opportunity for hearing. Such net investment shall not include or be affected by the value of any lands, rights-of-way, or other property of the United States licensed by the Commission under this chapter, by the license or by good will, going value, or prospective reven
Source: Supplied U.S. Code snapshot — release unconfirmed · 16 U.S.C. § 807
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Federal law — U.S. Code and appendices · legal_authorities
Page 1450
TITLE 16—CONSERVATION
§ 825s–8
CODIFICATION
Section was enacted as part of the Energy and Water
Development and Related Agencies Appropriations Act,
2010, and not as part of the Federal Power Act which
generally comprises this chapter.
§ 825s–8. Southeastern Power Administration:
rates of basic and premium pay
During fiscal year 2020 and each fiscal year
thereafter, notwithstanding any provision of
title 5 relating to classification or rates of pay,
the Southeastern Power Administration shall
pay any power system dispatcher employed by
the Administration a rate of basic pay and pre-
mium pay based on those prevailing for similar
occupations in the electric power industry.
Basic pay and premium pay may not be paid
under this section to any individual during a
calendar year so as to result in a total rate in
excess of the rate of basic pay for level V of the
Executive Schedule (section 5316 of such title).
(Pub. L. 116–94, div. C, title III, § 310, Dec. 20,
2019, 133 Stat. 2681.)
§ 825t. Utilization of power revenues
No power revenues on any project shall be dis-
tributed as profits, before or after retirement of
the project debt, and nothing contained in any
previous appropriation Act shall be deemed to
have authorized such distribution: Provided,
That the application of such revenues to the
cost of operation, maintenance, and debt service
of the irrigation system of the project, or to
other purposes in aid of such irrigation system,
shall not be construed to be such a distribution.
(July 1, 1946, ch. 529, § 1, 60 Stat. 366.)
Editorial Notes
CODIFICATION
Section was not enacted as part of the Federal Power
Act which generally comprises this chapter.
§ 825u. Interest rate on power bonds held by Ad-
ministrator of General Servic
Source: Supplied 2024 U.S. Code historical extraction · 16 U.S.C. § 828b
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