SECTION 1. SHORT TITLE. This Act may be cited as the ``Air Traffic Supervisor Retirement Reform Act of 1995''. SEC. 2. AMENDMENTS. (a) Civil Service Retirement System.--Section 8331 of title 5, United States Code, is amended-- (1) by striking ``and'' at the end of paragraph (25); (2) by striking the period at the end of paragraph (26) and inserting ``; and''; and (3) by adding at the end the following: ``(27) `air traffic controller' or `controller' means-- ``(A) a controller within the meaning of section 2109(1); and ``(B) a civilian employee of the Department of Transportation or the Department of Defense holding a supervisory, managerial, executive, technical, semiprofessional, or professional position for which experience as a controller (within the meaning of section 2109(1)) is a prerequisite.'' (b) Federal Employees' Retirement System.--Section 8401 of title 5, United States Code, is amended-- (1) by striking ``and'' at the end of paragraph (31); (2) by striking the period at the end of paragraph (32) and inserting ``; and''; and (3) by adding at the end the following: ``(33) `air traffic controller' or `controller' means-- ``(A) a controller within the meaning of section 2109(1); and ``(B) a civilian employee of the Department of Transportation or the Department of Defense holding a supervisory, managerial, executive, technical, semiprofessional, or professional position for which experience as a controller (within the meaning of section 2109(1)) is a prerequisite.'' SEC. 3. EFFECTIVE DATE; OTHER PROVISIONS. (a) Effective Date.--Subject to subsections (b) and (c), this Act and the amendments made by this Act shall take effect on the 60th day after the date of enactment of this Act. (b) Treatment of Pre-Effective Date Service.-- (1) Employee contributions.-- (A) In general.--Subject to subparagraph (C), upon application to the Office of Personnel Management, any service to which this subsection applies shall, for purposes of chapter 83 or 84 of title 5, United States Code, as applicable, be treated in the same way as if the amendments made by this Act had been in effect when such service was rendered. (B) Service to which this subsection applies.--This subsection applies with respect to any service as a controller, within the meaning of section 8331(27)(B) or 8401(33)(B) of title 5, United States Code (as amended by this Act), performed before the effective date of this Act. (C) Requirements.-- (i) Deposit requirement.--Subparagraph (A) shall not apply with respect to any service unless there is deposited into the Civil Service Retirement and Disability Fund, with interest, an amount equal to the amount by which-- (I) the deductions from pay which would have been required for such service had the amendments made by this Act been in effect when such service was rendered, exceeds (II) the deductions or deposits actually made, under section 8334 or 8422 of title 5, United States Code, as applicable, with respect to such service. (ii) Status at time of application.--This paragraph shall not apply with respect to any individual who is not serving as a controller, within the meaning of either provision cited in subparagraph (B), on the date on which an application under this paragraph is made with respect to any service of such individual. (D) Certification.--For purposes of chapter 83 or 84 of title 5, United States Code, the Office shall accept the certification of the Secretary of Transportation or the Secretary of Defense, as the case may be, concerning the service of, and the amount of compensation received by, an individual with respect to any service for which an application under this paragraph is made. (2) Government contributions.--Not later than 90 days after the full deposit required under paragraph (1) with respect to an individual has been paid, the agency that employed such individual during the period of service to which such deposit relates shall pay into the Civil Service Retirement and Disability Fund, with interest, an amount equal to the amount by which-- (A) the Government contributions which would have been required to have been paid into the Fund for such service had the amendments made by this Act been in effect when such service was rendered, exceeds (B) the Government contributions actually made, under section 8334 or 8423 of title 5, United States Code, as applicable, with respect to such service. (3) Regulations.--The Office shall prescribe such regulations as may be necessary to carry out this subsection, including provisions relating to the time and manner in which any application or deposit shall be made, and how any interest shall be computed. (c) Mandatory Separation.--Nothing in section 8335(a) or 8425(a) of title 5, United States Code, shall be considered to require the separation of an individual from a position as a controller (within the meaning of section 8331(27)(B) or section 8401(33)(B) of title 5, United States Code, as amended by this Act) if such individual was first appointed to any such position before the effective date of this Act.

Summary: Air Traffic Supervisor Retirement Reform Act of 1995 - Provides that service performed by certain civilian employees of the Departments of Transportation or of Defense holding specified positions for which experience as an air traffic controller is a prerequisite (air traffic second-level supervisors and managers) shall be creditable for retirement under the Civil Service and Federal Employees' Retirement Systems.


SECTION 1. PLACEMENT PROGRAMS FOR FEDERAL EMPLOYEES AFFECTED BY REDUCTION IN FORCE ACTIONS. (a) Short Title.--This Act may be cited as the ``Public Servant Priority Placement Act of 1995''. (b) In General.--Subchapter I of chapter 33 of title 5, United States Code, is amended by adding at the end thereof the following new section: ``Sec. 3329b. Placement programs for Federal employees affected by reduction in force actions ``(a) For purposes of this section the term ``agency'' means an ``Executive agency'' as defined under section 105, except such term shall not include the General Accounting Office. ``(b) No later than 180 days after the date of the enactment of this section, the Director of the Office of Personnel Management shall establish a Government-wide program and each agency shall establish an agency program to facilitate employment placement for Federal employees who-- ``(1) are scheduled to be separated from service under a reduction in force under-- ``(A) regulations prescribed under section 3502; or ``(B) procedures established under section 3595; or ``(2) are separated from service under such a reduction in force. ``(c) Each agency placement program established under subsection (b) shall provide a system to require the offer of a vacant position in an agency to an employee of such agency affected by a reduction in force action, if-- ``(1) the position cannot be filled within the agency; ``(2) the employee to whom the offer is made is qualified for the offered position; ``(3)(A) the classification of the offered position is equal to or no more than one grade below the classification of the employee's present or last held position; or ``(B)(i) the basic rate of pay of the offered position is equal to the basic rate of pay of the employee's present or last held position; or ``(ii) sections 5362 and 5363 apply to the basic rate of pay of the employee in the offered position; and ``(4) the geographic location of the offered position is within the commuting area of-- ``(A) the residence of the employee; or ``(B) the location of the employee's present or last held position. ``(d) The Government-wide placement program established under subsection (b) shall-- ``(1) coordinate with programs established by agencies for the placement of agency employees affected by a reduction in force action within such agency; and ``(2) provide a system to require the offer of a vacant position in an agency to an employee of another agency affected by a reduction in force action, if-- ``(A) the vacant position cannot be filled through the placement program or otherwise be filled from within the agency in which the position is located; ``(B) the employee to whom the offer is made is well qualified for the offered position; ``(C)(i) the classification of the offered position is equal to the classification of the employee's present or last held position; or ``(ii) the basic rate of pay of the offered position is equal to the basic rate of pay of the employee's present or last held position; and ``(D) the geographic location of the offered position is within the commuting area of-- ``(i) the residence of the employee; or ``(ii) the location of the employee's present or last held position. ``(e)(1) The agency placement program established under this section shall not affect any priority placement program of the Department of Defense that is in operation on the date of the enactment of this section. ``(2) The interagency placement program established under this section shall not affect the priority of placement of any employee under the agency placement program of such employee's employing agency.''. (c) Technical and Conforming Amendments.--(1) The section heading for the second section 3329 (relating to Government-wide list of vacant positions) is amended to read as follows: ``Sec. 3329a. Government-wide list of vacant positions''. (2) The table of sections for chapter 33 of title 5, United States Code, is amended by striking out the item relating to the second section 3329 (relating to Government-wide list of vacant positions) and inserting in lieu thereof the following: ``3329a. Government-wide list of vacant positions. ``3329b. Placement programs for Federal employees affected by reduction in force actions.''.

Summary: Public Servant Priority Placement Act of 1995 - Amends Federal civil service law to require the Director of the Office of Personnel Management to establish a Government-wide priority placement program, and each Federal agency to establish a similar agency-wide program, for Federal employees affected by a reduction in force.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Sportsmanship in Hunting Act of 2008''. SEC. 2. FINDINGS AND PURPOSES. (a) Findings.--Congress finds the following: (1) The ethic of hunting involves the consideration of fair chase, which allows the animal the opportunity to avoid the hunter. (2) At more than 1,000 commercial canned hunt operations across the country, trophy hunters pay a fee to shoot captive exotic animals, from African lions to giraffes and blackbuck antelope, in fenced-in enclosures. (3) Clustered in a captive setting at unusually high densities, confined exotic animals attract disease more readily than more widely dispersed native species who roam freely. (4) The transportation of captive exotic animals to commercial canned hunt operations can facilitate the spread of disease across great distances. (5) The regulation of the transport and treatment of exotic animals on shooting preserves falls outside the traditional domains of State agriculture departments and State fish and game agencies. (b) Purposes.--This Act-- (1) is limited in its purpose and will not limit the licensed hunting of any native mammals or any native or exotic birds; (2) does not aim to criticize those hunters who pursue animals that are not enclosed within a fence; and (3) does not attempt to prohibit slaughterhouse activities, nor does it aim to prohibit the routine euthanasia of domesticated farm animals. SEC. 3. TRANSPORT OR POSSESSION OF EXOTIC ANIMALS FOR PURPOSES OF KILLING OR INJURING THEM. (a) In General.--Chapter 3 of title 18, United States Code, is amended by adding at the end the following: ``Sec. 50. Exotic animals ``(a) Prohibition.-- ``(1) In general.--Whoever, in or substantially affecting interstate or foreign commerce, knowingly transfers, transports, or possesses a confined exotic animal, for the purposes of allowing the killing or injuring of that animal for entertainment or for the collection of a trophy, shall be fined under this title, imprisoned not more than 1 year, or both. ``(2) Exception.--This section shall not apply to the killing or injuring of an exotic animal in a State or Federal natural area reserve undertaking habitat restoration. ``(b) Definitions.--In this section-- ``(1) the term `confined exotic animal' means a mammal of a species not historically indigenous to the United States, that has been held in captivity, whether or not the defendant knows the length of the captivity, for the shorter of-- ``(A) the majority of the animal's life; or ``(B) a period of 1 year; and ``(2) the term `captivity' does not include any period during which an animal lives as it would in the wild-- ``(A) surviving primarily by foraging for naturally occurring food; ``(B) roaming at will over an open area of not less than 1,000 acres; and ``(C) having the opportunity to avoid hunters. ``(c) Enforcement.-- ``(1) In general.--Any person authorized by the Secretary of the Interior, acting through the Director of the United States Fish and Wildlife Service, may-- ``(A) without a warrant, arrest any person that violates this section (including regulations promulgated under this section) in the presence or view of the arresting person; ``(B) execute any warrant or other process issued by an officer or court of competent jurisdiction to enforce this section; and ``(C) with a search warrant, search for and seize any animal taken or possessed in violation of this section. ``(2) Forfeiture.--Any animal seized with or without a search warrant shall be held by the Secretary or by a United States marshal, and upon conviction of the defendant, shall be forfeited to the United States and disposed of by the Secretary of the Interior in accordance with law. ``(3) Assistance.--The Director of the United States Fish and Wildlife Service may use by agreement, with or without reimbursement, the personnel and services of any other Federal or State agency for the purpose of enforcing this section.''. (b) Technical Amendment.--The analysis for chapter 3 of title 18, United States Code, is amended by adding at the end the following: ``Sec. 50. Exotic animals.''.

Summary: Sportsmanship in Hunting Act of 2008 - Amends the federal criminal code to prohibit anyone, in or substantially affecting interstate or foreign commerce, from knowingly transferring, transporting, or possessing a confined exotic animal for purposes of allowing the killing or injuring of such animal for entertainment or for the collection of a trophy. Exempts the killing or injuring of an exotic animal in a state or federal natural area reserve undertaking habitat restoration from such prohibition. Defines "confined exotic animal" as a mammal of a species not historically indigenous to the United States that has been held in captivity for the majority of its life or for a period of one year. Allows persons authorized by the Secretary of the Interior to make arrests, execute warrants, and search for and seize animals to enforce the provisions of this Act.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Helping College Students Cross the Finish Line Act''. SEC. 2. GRANTS TO INSTITUTIONS TO PROVIDE AWARDS TO UNDERGRADUATE AND VOCATIONAL STUDENTS WITH FINANCIAL NEED TO ASSIST IN COMPLETION OF DEGREE AND CERTIFICATE PROGRAMS. Part A of title IV of the Higher Education Act of 1965 (20 U.S.C. 1070 et seq.) is amended by inserting after subpart 7 the following new subpart: ``Subpart 8--Grants to Institutions To Provide Awards to Undergraduate and Vocational Students With Financial Need To Assist in Completion of Degree and Certificate Programs ``SEC. 420. GRANTS TO INSTITUTIONS TO PROVIDE AWARDS TO UNDERGRADUATE AND VOCATIONAL STUDENTS WITH FINANCIAL NEED TO ASSIST IN COMPLETION OF DEGREE AND CERTIFICATE PROGRAMS. ``(a) Grants for Establishment of Financial Assistance Program.-- The Secretary shall award grants to institutions of higher education to establish programs of financial assistance for students in accordance with this section. ``(b) Financial Assistance Program.-- ``(1) Establishment.--An institution of higher education receiving a grant under subsection (a) shall establish a financial assistance program to award funds to not less than 100 eligible students per academic year in accordance with this subsection. ``(2) Student eligibility.--A student shall be eligible for an award under a financial assistance program established by an institution of higher education in accordance with this subsection if-- ``(A) such student is enrolled as an undergraduate or vocational student at such institution on a not less than half-time basis; ``(B) such student is academically able to complete the degree or certificate program for which such student is enrolled within an academic year; ``(C) such student is in good academic standing at such institution (as determined by such institution) at the time of the distribution of the award; ``(D) in the case of a student who previously received an award under this section, such student maintained good academic standing during the academic period for which the student received such previous award under this section; ``(E) such student has an outstanding tuition payment due to such institution and is unable to fully pay the amount due; and ``(F) the institution determines that without financial assistance, such student will discontinue the degree or certificate program for which such student is enrolled due to an inability to pay tuition. ``(3) Grant amount.--The amount of an award to a student under a financial assistance program established by an institution of higher education in accordance with this subsection for a semester or equivalent shall be the lesser of-- ``(A) $1,000; or ``(B) the amount of tuition such institution determines the student is unable to pay for such semester or equivalent. ``(4) Limitation on number of grants.--A student may only receive an award under a financial assistance program established by an institution of higher education in accordance with this subsection for a total of two semesters or the equivalent of two semesters. ``(5) Information on other financial assistance.-- ``(A) Information required.--Each institution of higher education receiving a grant under subsection (a) shall provide information to each covered student attending such institution on financial assistance available from any source other than this section. ``(B) Covered student defined.--In this paragraph, the term `covered student' means a student receiving an award under a financial assistance program established by an institution of higher education in accordance with this subsection in an amount that does not fully pay an outstanding tuition payment due to such institution. ``(c) Financial Literacy Survey.--The Secretary shall create, and each student receiving an award under a financial assistance program established by an institution of higher education in accordance with subsection (b) shall complete, an online survey concerning financial literacy. Such survey shall include matters relating to budgeting and saving, student loan debt, and career planning. ``(d) Reports.-- ``(1) Institutions of higher education.--Each institution of higher education receiving a grant under subsection (a) shall annually submit to the Secretary a report containing, for the academic year preceding the date of the submission of such report-- ``(A) the number of students enrolled at such institution that received an award under a financial assistance program established by such institution in accordance with subsection (b); ``(B) the number of such students who completed the degree or certificate program in which such students were enrolled during such academic year; ``(C) the number of such students who, following completion of the degree or certificate program in which such students were enrolled, subsequently enrolled in a degree or certificate program at a higher level; ``(D) the number of such students who, following completion of the degree or certificate program in which such students were enrolled, subsequently obtained full-time employment and the average salary for such students; and ``(E) any other information that the Secretary considers necessary. ``(2) Secretary.--The Secretary shall annually submit to Congress a report on the implementation of this section. Such report shall include-- ``(A) the aggregate data submitted by all institutions of higher education in accordance with paragraph (1); ``(B) an analysis of the grant program under this section and any suggestions for improving such program; and ``(C) any other information that the Secretary considers necessary. ``(e) Authorization of Appropriations.--There are authorized to be appropriated to carry out this section such sums as may be necessary for fiscal years 2015 through 2020.''.

Summary: Helping College Students Cross the Finish Line Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require the Secretary of Education to award grants to institutions of higher education (IHEs) to establish a financial assistance program that awards funds to at least 100 of the IHE's undergraduate or vocational students each academic year who: are enrolled on at least a half-time basis; are academically able to complete the degree or certificate program in which they are enrolled within an academic year; are in good academic standing; if they previously received such an award, maintained good academic standing during the academic period for which they received such award; are unable to fully pay an outstanding tuition payment that is due; and without financial assistance, will discontinue the degree or certificate program in which they are enrolled. Caps the amount of such award. Prohibits a student from receiving an award for more than two semesters or the equivalent of two semesters. Requires the IHEs to provide each student who receives an award that does not fully cover the amount due on the student's outstanding tuition with information on the financial assistance available from any other source. Directs the Secretary to create, and each student that receives an award to complete, an online financial literacy survey that includes matters relating to budgeting and saving, student loan debt, and career planning.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Texas National Forests Improvement Act of 2000''. SEC. 2. CONVEYANCE OF ADMINISTRATIVE SITES, TEXAS NATIONAL FOREST SYSTEM LANDS. (a) Authority To Sell or Exchange.--The Secretary of Agriculture may convey, by sale or exchange, under such terms and conditions as the Secretary may prescribe, any and all right, title, and interest of the United States in and to the following parcels of National Forest System land (including improvements thereon) located in the State of Texas: (1) Davy Crockett National Forest, Trinity Ranger Quarters #066310 (Tract K-2D), located at State Highway 94, Groveton, Texas, consisting of approximately 3.0 acres, as depicted on the map entitled ``Trinity Ranger Quarters, Tract K-2D'', dated September 1, 1999. (2) Davy Crockett National Forest quarters #066380 (Tract K- 604), located at 514 Devine Street, Groveton, Texas, consisting of approximately 0.5 acre, as depicted on the map entitled ``Davy Crockett National Forest Quarters, Tract K-604'', dated September 1, 1999. (3) Sabine National Forest quarters #055250 (Tract S-1391), located at 706 Cartwright Drive, San Augustine, Texas, consisting of approximately 0.5 acre, as depicted on the map entitled ``Sabine National Forest Quarters, Tract S-1391'', dated September 1, 1999. (4) Sabine National Forest quarters #055400 (Tract S-1389), located at 507 Planter Drive, San Augustine, Texas, consisting of approximately 1.5 acres, as depicted on the map entitled ``Sabine National Forest Quarters, Tract S-1389'', dated September 1, 1999. (5) Sabine National Forest quarters #077070 (Tract S-1388), located at State Highway 87, Hemphill, Texas, consisting of approximately 1.0 acre, as depicted on the map entitled ``Sabine National Forest Quarters, Tract S-1388'', dated September 1, 1999. (6) Sabine National Forest quarters #077430 (Tract S-1390), located at FM Road 944, Hemphill, Texas, consisting of approximately 2.0 acres, as depicted on the map entitled ``Sabine National Forest Quarters, Tract S-1390'', dated September 1, 1999. (7) Old Yellowpine Work Center site, within the Sabine National Forest, consisting of approximately 1.0 acre, as depicted on the map entitled ``Old Yellowpine Work Center'', dated September 1, 1999. (8) Yellowpine Work Center site, within the Sabine National Forest, consisting of approximately 9.0 acres, as depicted on the map entitled ``Yellowpine Work Center'', dated September 1, 1999. (9) Zavalla Work Center site, within the Angelina National Forest, consisting of approximately 19.0 acres, as depicted on the map entitled ``Zavalla Work Center'', dated September 1, 1999. (b) Authorized Consideration.--As consideration for a conveyance of land under subsection (a), the recipient of the land, with the consent of the Secretary, may convey to the Secretary other land, existing improvements, or improvements constructed to specifications of the Secretary. (c) Applicable Law.--Except as otherwise provided in this section, any conveyance of land under subsection (a) shall be subject to the laws and regulations applicable to the conveyance and acquisition of land for the National Forest System. (d) Cash Equalization.--Notwithstanding any other provision of law, the Secretary may accept a cash equalization payment in excess of 25 percent of the value of any parcel of land exchanged under subsection (a). (e) Solicitation of Offers.--The Secretary may solicit offers for the conveyance of land under this section on such terms and conditions as the Secretary may prescribe. The Secretary may reject any offer made under this section if the Secretary determines that the offer is not adequate or not in the public interest. SEC. 3. CONVEYANCE OF TEXAS NATIONAL FOREST SYSTEM LAND TO NEW WAVERLY GULF COAST TRADES CENTER. (a) Conveyance Authority.--Subject to the terms and conditions specified in this section, the Secretary of Agriculture may convey to the New Waverly Gulf Coast Trades Center (referred to in this section as the ``Center''), all right, title, and interest of the United States in and to a parcel of real property (including improvements thereon) consisting of approximately 57 acres of land located within the Sam Houston National Forest, Walker County, Texas, as depicted on the map entitled ``New Waverly Gulf Coast Trades Center'', dated September 15, 1999. A complete legal description of the property to be conveyed shall be available for public inspection at an appropriate office of the Sam Houston National Forest and in the Office of the Chief of the Forest Service. (b) Consideration.-- (1) Fair market value.--As consideration for the conveyance authorized by this section, the Center shall pay to the Secretary an amount equal to the fair market value of the property, as determined by an appraisal acceptable to the Secretary and prepared in accordance with the Uniform Appraisal Standards for Federal Land Acquisition published by the Department of Justice. (2) Appraisal cost.--The Center shall pay the cost of the appraisal of the property. (3) Time for payment.--The consideration determined under paragraph (1) shall be paid, at the option of the Center-- (A) in full not later than 180 days after the date of conveyance of the property; or (B) in 7 equal annual installments commencing on January 1 of the first year beginning after the conveyance and annually thereafter until the total amount has been paid. (4) Interest.--Any payment due for the conveyance of property under this section shall accrue interest, beginning on the date of the conveyance, at an annual rate of 3 percent on the unpaid balance. (c) Release.--Subject to compliance with all Federal environmental laws prior to conveyance, the Center, upon acquisition of the property under this section, shall agree in writing to hold the United States harmless from any and all claims to the property, including all claims resulting from hazardous materials conveyed on the lands. (d) Right of Reentry.--At any time before full payment is made for the conveyance of the property under this section, the conveyance shall be subject to a right of reentry in the United States if the Secretary determines that-- (1) the Center has not complied with the requirements of this section or the conditions prescribed by the Secretary in the deed of conveyance; or (2) the conveyed land is converted to a noneducational or for profit use. (e) Alternative Property Disposal Authority.--In the event that the Center does not contract with the Secretary to acquire the property described in this section within 18 months of the date of the enactment of this Act, the Secretary may dispose of the property in the manner provided in section 2. SEC. 4. DISPOSITION OF FUNDS. (a) Deposit in Sisk Act Fund.--The Secretary shall deposit the proceeds of a sale or exchange under this Act in the fund established under Public Law 90-171 (16 U.S.C. 484a; commonly known as the Sisk Act). (b) Use of Proceeds.--Funds deposited under subsection (a) shall be available to the Secretary, without further appropriation, for-- (1) the acquisition, construction, or improvement of administrative facilities for units of the National Forest System in the State of Texas; or (2) the acquisition of lands or interests in lands in the State of Texas. Speaker of the House of Representatives. Vice President of the United States and President of the Senate.

Summary: Makes proceeds from such conveyances available to the Secretary for: (1) acquisition, construction, or improvement of National Forest System administrative facilities in Texas;or (2) land acquisition in Texas.


SECTION 1. SHORT TITLE. This Act may be cited as the ``Federal Power Asset Privatization Act of 1995''. SEC. 2. FINDINGS. The Congress finds that: (1) the Federal Power Marketing Administrations, over the years, have served to help bring electricity to many areas in the Nation; (2) they have done so with the investment of the American taxpayer; (3) the necessity of federally owned power generation and transmission facilities has passed and halting this practice is in the best national interest of the United States; (4) in fairness to the longtime consumers of Federal Power Marketing Administrations, any process of sale should be open to them; (5) the taxpayers, through investing in the construction and operation, have established equity in the facilities; and (6) this equity entitles the American taxpayer to expect the highest possible return in the sale process. SEC. 3. SALE OF ASSETS. (a) Sale of Assets.--The Secretary of Energy (hereinafter referred to as ``the Secretary'') is authorized and directed to take such steps as necessary to sell all electric power generation facilities and transmission facilities, that are currently owned and operated by Federal departments and agencies under the supervision of, or coordination with, the Federal Power Marketing Administrations. No foreign person or corporation may purchase any such facilities; such facilities may be sold only to a United States citizen or to a corporation or partnership organized under the laws of a State. After such sales are completed the Secretary shall terminate the operations of the Federal Power Marketing Administrations. The heads of other affected Federal departments and agencies shall assist the Secretary of Energy in implementing the sales authorized by this section. (b) Price; Structure of Sale.-- (1) Price.--The Secretary shall obtain the highest possible price for such facilities. In determining the highest possible price, the value of future tax revenues shall be included. (2) Retention of financial advisor.--In order to conduct the sales authorized by this section in such manner as will produce the highest possible price for the facilities to be sold consistent with this Act, within 30 days of enactment of this section, the Secretary shall, through a competitive bidding process, retain an experienced private sector firm to serve as financial advisor to the Secretary with respect to such sales. (3) Financial advisor's report.--Within 90 days of being retained by the Secretary, the financial advisor shall provide to the Secretary a report containing-- (A) a description of those assets described in subsection (a) which, in the opinion of the financial advisor, can be successfully transferred to private sector ownership or operation; (B) the value of each such asset, calculated on the basis of the valuation method or methods which the financial advisor deems most appropriate to a particular asset; (C) the appropriate alternative transactional methods for transferring each such asset to private sector ownership or operation; (D) the amount of proceeds which the financial advisor estimates would be paid to the United States Government as a result of such transaction, including the present value of future revenue from taxes and any other future payments to be made to the United States Government; and (E) an estimate of the average market rate for wholesale electric power sales within each region served by a Federal Power Marketing Administration. (c) Time of Sale.--Sales of facilities under this section shall be conducted in accordance with the time of sale schedule set forth in section 4. At least one year before the date of any sale specified in such schedule, the Secretary, in consultation with the Secretary of the Army and the Secretary of the Interior, and based on the recommendations of the financial advisor, shall select the facilities or groups of facilities to be sold and establish the terms and conditions of the sale. (d) Former Employees of PMAS.--It is the sense of the Congress that the purchaser of any such facilities should offer to employ, where possible, former employees of the Federal Power Marketing Administrations in connection with the operation of the facilities following their purchase. (e) Proceeds.--The Secretary of Energy shall deposit sale proceeds in the Treasury of the United States to the credit of miscellaneous receipts. (f) Preparation.--The Secretary of Energy is authorized to use funds appropriated to the Department of Energy for the Federal Power Marketing Administrations and funds otherwise appropriated to other Federal agencies for power generation and related activities in order to prepare these assets for sale and conveyance. Such preparation shall provide sufficient title to ensure the beneficial use, enjoyment, and occupancy to the purchasers of the assets to be sold and shall include identification of all associated laws and regulations to be amended for the purpose of these sales. The Secretary of Energy shall undertake a study of the effect of sales of facilities under this Act on existing contracts for the sale of electric power generated at such facilities. (g) Reporting of Sales.--Not later than one year after the sale of the assets of each Federal Power Marketing Administration in accordance with this Act, the Secretary of Energy shall-- (1) complete the business of, and close out, such administration; and (2) prepare and submit to Congress a report documenting the sales. (h) Treatment of Sales For Purposes of Certain Laws.--The sales of assets under this Act shall not be considered a disposal of Federal surplus property under the following provisions of law: (1) Section 203 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C. 484). (2) Section 13 of the Surplus Property Act of 1944 (50 U.S.C. App. 1622). SEC. 4. TIME OF SALES. (a) Schedule.--During the next 5 years, the Secretary of Energy shall complete the sale of the electric power generation and transmission assets referred to in section 3 in accordance with the following schedule: ------------------------------------------------------------------------ Power Administration Sale Completion Date ------------------------------------------------------------------------ Alaska Before September 30, 1996 Southeastern Before September 30, 1997 Southwestern Before September 30, 1998 Western Area Before September 30, 1999 Bonneville Before September 30, 2000 ------------------------------------------------------------------------ (b) Unexpended Balances.--Following the sale of the assets of each of the Federal Power Marketing Administrations and their associated power generation facilities, the Secretary of Energy shall return the unexpended balances of funds appropriated for that administration to the Treasury of the United States. SEC. 5. RATE STABILIZATION FOR AFFECTED CONSUMERS. So that the affected consumers of each Federal Power Marketing Administration are not impacted by severe rate increases, each purchaser of electric power generation facilities providing electric power to customers within any region shall be required, as part of the agreement to purchase such facilities, to insure that the price at which electric power is sold to such consumers does not increase above the baseline price at a rate greater than 10 percent annually. For purposes of this section, the term ``baseline price'' means the price for the sale of electric power to a consumer that is in effect on the date of the sale of the facility. The preceding sentence shall cease to apply when the price at which electric power is sold to a consumer is at least equal to the average market rate for wholesale electric power sales within the region concerned, as determined by the Financial Advisor. SEC. 6. LICENSING OF PROJECTS TO PRESERVE CURRENT OPERATING CONDITIONS. (a) Original License.--Simultaneously with the sale of hydroelectric generation facility under this Act, the Federal Energy Regulatory Commission shall issue an original license under part 1 of the Federal Power Act (16 U.S.C. 791a-823b) to the purchaser for the construction, operation, and maintenance of such facility. Such license shall expire on the date 10 years after the date of the sale facility and shall contain standard terms and conditions for hydroelectric power licenses issued under part 1 of such Act for facilities installed at Federal water projects, together with such additional terms and conditions as the Commission deems necessary, in consultation with the department or agency which operates such water project, to further the project purposes and insure that the project will continue operations in the same manner and subject to the same procedures, contracts, and other requirements as were applicable prior to the sale. The Commission shall publish such license terms and conditions for each facility to be sold under this Act as promptly as practicable after the date of the enactment of this Act but not later than one year prior to the date established for the sale of the facility. (b) License Required.--Notwithstanding any other provision of law, the Federal Energy Regulatory Commission shall have jursidiction under part 1 of the Federal Power Act over any hydroelectric generation facility sold under this Act. SEC. 7. ENABLING FEDERAL STUDIES. Section 505 of the Energy and Water Development Appropriations Act of 1993 (Public Law 102-377) is hereby repealed. SEC. 8. DEFINITION OF POWER GENERATION FACILITY. For purposes of this Act, the term ``power generation facility'' means a facility used for the generation of electric energy. If any portion of a structure or other facility is used for flood control, water supply or other purposes in addition to the generation of electric energy, such term refers only to that portion of the structure or facility used exclusively for the generation of electric energy, including turbines, generators, controls, substations, and primary lines used for transmitting electric energy therefrom to the point of juncture with the interconnected primary transmission system. Such term shall not include any portion of a facility used for navigation, flood control, irrigation, water supply, or recreation.

Summary: Federal Power Asset Privatization Act of 1995 - Directs the Secretary of Energy to sell, at the highest possible price, all Federal electric power generation and transmission facilities supervised by, or coordinated with, the Federal Power Marketing Administrations. Restricts such sales to domestic entities or U.S. citizens. Requires the Secretary to terminate Federal Power Marketing Administration operations upon completion of the sales. Directs the Secretary to retain a private sector firm through a competitive bidding process to serve as financial advisor with respect to such sales. Expresses the sense of the Congress that the purchaser of any such facilities should offer to employ former Federal Power Marketing Administration personnel. Mandates that sale proceeds be deposited into the Treasury. Sets forth a sales completion deadline for each Power Marketing Administration. Mandates that the pertinent sales agreements require each purchaser providing electric power to customers within any region to insure that the price of electric power does not increase above the baseline price at a rate greater than ten percent annually. Directs the Federal Energy Regulatory Commission (FERC) to issue to the purchaser of a hydroelectric generation facility a ten-year original license under the Federal Power Act to insure that the project will continue operations under the same conditions as were applicable prior to the sale. Grants FERC Federal Power Act jurisdiction over any such facility sold. Amends the Energy and Water Development Appropriations Act of 1993 to repeal the proscription against the use of appropriated funds for studies regarding a changeover from an "at cost" to a "market rate" or other noncost-based methodology for pricing hydroelectric power.