Bonneville Power Administration Fund

B1: P.L. 108-494 - Commercial Spectrum Enhancement Act for Radio Spectrum relocation work. The funds are made available solely from the appropriation of the proceeds from the sale of Radio Spectrum frequencies and are to cover the full costs of the Radio Spectrum work. No Radio Spectrum relocation costs are to be recovered in BPA's rates or borne by BPA's ratepayers; notwithstanding that assets acquired for this purpose will be included in the Federal Columbia River Power System (FCRPS). Consistent with the requirements of 47USC 928 ( e) (2), BPA plans to return unused expenditure authority and cash funds associated with ASW-1 Spectrum Relocation, previously provided to BPA under P.L. 108 494/108 STAT 3991, to the Spectrum Relocation Fund (SRF) after the National Telecommunications and Information Administration (NTIA) has notified the Federal Communications Commission (FCC) that the BPA relocation from the 1710-55MHz radio spectrum bands is complete.

B2: The amount on line 1802 restores for FY 2025 the temporary reduction in New Unobligated Balances (line 1823) taken in FY 2024 as required for FY 2024 Sequestration.

B3: "Without fiscal year limitation, the Bonneville Power Administration continues to be authorized to incur obligations for authorized purposes and may do so in excess of borrowing authority and cash in the Bonneville Power Administration Fund." (Energy and Water Development Appropriations Act of 1989, Act of July 19, 1988, Title V, Section 300, 102 Stat. 857, 874. P.L. No. 100-371). [That enacted bill language is found on page 197 of the BPA Statutes book of 11/02/2009]

A2: The sum of amounts on the anticipated sequestration line 1844 (SEQ) and the corresponding actual sequestration line 1823 (SEQ) is the required sequestration amount in dollars assuming that the program realizes anticipated offsetting collections equal to the sum of amounts listed on the anticipated mandatory spending authority from offsetting collections line 1840 and corresponding actual mandatory spending authority from offsetting collections line 1800. Due to the anticipated nature of this account, the sequestration amount in dollars may not be equal to the sequestration amount in dollars reflected in the OMB Report to Congress on the BBEDCA 251A Sequestration for Fiscal Year 2025, issued on March 11, 2024. During the remainder of the fiscal year, if actual offsetting collections are different from the sum of the amounts listed on line 1840 and corresponding actual line 1800, each amount in dollars currently reflected on line 1844 (SEQ) and corresponding line 1823 (SEQ), is hereby automatically apportioned as follows: The agency will achieve the reduction by applying a 5.7% reduction to offsetting collections in this account from the beginning of the fiscal year. [Rationale: Footnote signifies that this TAFS has received or may receive an automatic apportionment.]

A1: P.L. 108-494 - Commercial Spectrum Enhancement Act. 47 USC 928(e)(1)(A). [Rationale: Footnote specifies the purpose(s) for which the funds are available to be obligated.]