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Considers S. 3419 and companion H.R. 15225 and related S. 2827, to increase TVA's bond issuing authority to finance construction, mining, and service expansion.
Considers S. 931 and similar H.R. 3460, to amend the Tennessee Valley Authority Act of 1933 and the Government Corporation Appropriation Act of 1948 to authorize the sale of tax-exempt interest bearing securities by TVA to finance expansion of facilities and services. Focuses on the economic and competitive relationships between private utilities and the TVA.
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