Tennessee Valley Authority Salary Transparency Act
Latest Action
Received in the Senate and Read twice and referred to the Committee on Environment and Public Works.
Official Summary
Tennessee Valley Authority Salary Transparency Act This bill expands reporting requirements for the Tennessee Valley Authority (TVA). TVA is a government corporation that provides electricity in Tennessee and in portions of several surrounding states. It also provides flood control, navigation, and land management services for the Tennessee River system. The bill reinstates the requirement for TVA to file an annual financial statement and report with Congress in March. (The requirement was terminated by the Federal Reports Elimination and Sunset Act of 1995.) The bill also modifies the requirement that the report include the names, salaries, and duties of employees earning more than $1,500 a year. Under the bill, this information is only required for employees earning more than the maximum rate of basic pay for grade GS-13 of the General Schedule.
GovScope Watchdog™
AI Government Intelligence™The Tennessee Valley Authority Salary Transparency Act reinstates and modifies reporting requirements for the Tennessee Valley Authority (TVA), a government corporation responsible for electricity provision, flood control, navigation, and land management in the Tennessee River system. The bill requires TVA to submit an annual financial statement and report to Congress each March, a requirement previously eliminated in 1995. It also updates employee salary disclosure rules, limiting detailed reporting to employees earning above the GS-13 federal pay grade maximum.
This bill restores and updates TVA's annual reporting obligations to Congress, enhancing transparency about its financial status and high-level employee compensation.
- Reinstates TVA's obligation to file an annual financial statement and report with Congress every March.
- Modifies employee salary disclosure to include only those earning above the GS-13 federal pay scale maximum.
- The reporting requirement had been terminated by the Federal Reports Elimination and Sunset Act of 1995.
['Congress, through improved access to TVA financial and salary information', 'The public, by increased transparency of a federally chartered corporation', 'TVA management and oversight bodies, by clarifying reporting standards']
['Implementation may require TVA to allocate resources to comply with reinstated reporting requirements.', 'The change in salary disclosure threshold may reduce transparency for employees earning between $1,500 and the GS-13 pay maximum.', 'No full bill text is available to assess all provisions or potential cost implications.']
The bill passed the House and was referred to the Senate Committee on Environment and Public Works. It addresses a reporting requirement that was eliminated over two decades ago, reflecting a legislative decision to increase oversight of TVA's financial and personnel transparency within the Government Operations and Politics policy area.
Hidden impact flags detected: 1
GovScope reviewed 1 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.
['Potential reduction in detailed salary transparency for mid-level TVA employees could affect public and congressional oversight.', 'Reinstating annual financial reporting may increase TVA administrative workload and associated costs.', 'Enhanced reporting could influence future legislative or budgetary decisions regarding TVA operations.']
The bill restores a previously eliminated reporting requirement, which enhances congressional oversight of TVA's finances and employee compensation. However, the raised salary disclosure threshold narrows the scope of salary transparency, which may limit insight into mid-level employee compensation. The absence of the full bill text limits a comprehensive assessment of all provisions and their implications.
GovScope Intelligence Roadmap
Future bill intelligence will connect sponsors, committee referrals, related votes, campaign finance, disclosures, and stock trades into one legislative intelligence view.