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16 U.S.C. § 825s–2 — Southeastern area sale and transmission of electric power; disposition of receipts; creation of continuing funds; use of fund
Federal law — U.S. Code and appendices · legal_authorities
All receipts from the transmission and sale of electric power and energy under the provisions of [section 825s of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section825s&num=0&edition=prelim), generated or purchased in the southeastern power area, shall be covered into the Treasury of the United States as miscellaneous receipts, except that the Treasury shall set up and maintain from such receipts a continuing fund of $50,000, and said fund shall be placed to the credit of the Secretary, and shall be subject to check by him to defray emergency expenses necessary to insure continuity of electric service and continuous operation of Government facilities in said area.
Source: Supplied U.S. Code snapshot — release unconfirmed · 16 U.S.C. § 825s–2
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Stable record: federal_law:legal_authorities:record_usc_779341bbadd035f0c691fad0
Source file: Laws/federal/codes/united-states-code/title-16/section-825s2-southeastern-area-sale-and-transmission-of-electric-power-disposition-of--8a7308710a.md
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Source location: Title 16, Chapter 12, § 825s–2; chapter-012-federal-regulation-and-development-of-power.md
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All receipts from the transmission and sale of electric power and energy under the provisions of [section 825s of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section825s&num=0&edition=prelim), generated or purchased in the southeastern power area, shall be covered into the Treasury of the United States as miscellaneous receipts, except that the Treasury shall set up and maintain from such receipts a continuing fund of $50,000, and said fund shall be placed to the credit of the Secretary, and shall be subject to check by him to defray emergency expenses necessary to insure continuity of electric service and continuous operation of Government facilities in said area.
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Federal law — U.S. Code and appendices · legal_authorities
Electric power and energy generated at reservoir projects under the control of the Department of the Army and in the opinion of the Secretary of the Army not required in the operation of such projects shall be delivered to the Secretary of Energy who shall transmit and dispose of such power and energy in such manner as to encourage the most widespread use thereof at the lowest possible rates to consumers consistent with sound business principles, the rate schedules to become effective upon confirmation and approval by the Secretary of Energy. Rate schedules shall be drawn having regard to the recovery (upon the basis of the application of such rate schedules to the capacity of the electric facilities of the projects) of the cost of producing and transmitting such electric energy, including the amortization of the capital investment allocated to power over a reasonable period of years. Preference in the sale of such power and energy shall be given to public bodies and cooperatives. The Secretary of Energy is authorized, from funds to be appropriated by the Congress, to construct or acquire, by purchase or other agreement, only such transmission lines and related facilities as may be necessary in order to make the power and energy generated at said projects available in wholesale quantities for sale on fair and reasonable terms and conditions to facilities owned by the Federal Government, public bodies, cooperatives, and privately owned companies. All moneys received from such sales shall be deposited in the Treasury of the United States as miscellaneous receipts.
Source: Supplied U.S. Code snapshot — release unconfirmed · 16 U.S.C. § 825s
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