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Prediction: In fairness to the longtime consumers of Federal Power Marketing Administrations , any process of sale should be open to them .<q>The taxpayers , through investing in the construction and operation , have established equity in the facilities .<q>And this equity entitles the American taxpayer to expect the highest possible return in the sale process .<q>The Secretary of Energy 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 .<q>Such facilities may be sold only to a United States citizen or to a corporation or partnership organized under the laws of a State .<q>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 .<q>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 .<q>Before September 30 , 2000 Unexpended Balances .<q>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 .<q>RATE STABILIZATION FOR AFFECTED CONSUMERS .<q>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 to the purchaser for the construction , operation , and maintenance of such facility .<q>LICENSING OF PROJECTS TO PRESERVE CURRENT OPERATING CONDITIONS .<q>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 .<q>DEFINITION OF POWER GENERATION FACILITY .

Ground Truth: 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 .<q>Restricts such sales to domestic entities or US citizens .<q>Requires the Secretary to terminate Federal Power Marketing Administration operations upon completion of the sales .<q>Directs the Secretary to retain a private sector firm through a competitive bidding process to serve as financial advisor with respect to such sales .<q>Expresses the sense of the Congress that the purchaser of any such facilities should offer to employ former Federal Power Marketing Administration personnel .<q>Mandates that sale proceeds be deposited into the Treasury .<q>Sets forth a sales completion deadline for each Power Marketing Administration .<q>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 .<q>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 .<q>Grants FERC Federal Power Act jurisdiction over any such facility sold .<q>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 .

Prediction: Moneys in the Indian Gaming Revenue Sharing Trust Fund shall be available to the California Gambling Control Commission , upon appropriation by the Legislature , for the purpose of making distributions to eligible recipient Indian tribes , in accordance with distribution plans specified in tribal - state gaming compacts .<q>Section 12012.75 of the Government Code is amended to read : 12012.75 .<q>For each fiscal year commencing with the 2016–17 fiscal year , all of the following shall apply : On or before the day of the May budget revision for each fiscal year , the California Gambling Control Commission shall determine the anticipated total amount of shortfalls in payment likely to occur in the Indian Gaming Revenue Sharing Trust Fund for the next fiscal year , and shall provide to the committee in the Senate and Assembly that considers the State Budget an estimate of the amount needed to transfer from the Indian Gaming Special Distribution Fund to backfill the Indian Gaming Revenue Sharing Trust Fund for the next fiscal year .<q>Section 12012.90 of the Government Code is amended to read : 12012.90 .<q>For purposes of this section and Section 12012.75 , “ eligible recipient Indian tribe ” means a noncompact , nongaming , or limited - gaming tribe , as defined in the tribal - state gaming compacts ratified and in effect as provided in subdivision ( f ) of Section 19 of Article IV of the California Constitution .

Ground Truth: Existing federal law , the Indian Gaming Regulatory Act of 1988 , provides for the negotiation and execution of tribal - state gaming compacts for the purpose of authorizing certain types of gaming on Indian lands within a state .<q>The California Constitution authorizes the Governor to negotiate and conclude compacts , subject to ratification by the Legislature .<q>Existing law expressly ratifies a number of tribal - state gaming compacts , and amendments of tribal - state gaming compacts , between the State of California and specified Indian tribes .<q>Existing law establishes the Indian Gaming Revenue Sharing Trust Fund within the State Treasury for the receipt and deposit of moneys derived from gaming device license fees that are received from tribes pursuant to the terms of tribal - state gaming compacts for the purpose of making distributions to noncompact tribes .<q>Existing law provides that moneys in that fund are available to the California Gambling Control Commission , upon appropriation by the Legislature , for the purpose of making those distributions in accordance with plans specified in tribal - state gaming compacts .<q>This bill would clarify that the purpose of the fund is for making distributions to eligible recipient Indian tribes .<q>Existing law requires the California Gambling Control Commission to , on or before the day of the May budget revision for each fiscal year , determine the anticipated total amount of shortfalls in payment likely to occur in the Indian Gaming Revenue Sharing Trust Fund for the next fiscal year , and to provide to the committee in the Senate and Assembly that considers the State Budget an estimate of the amount needed to transfer from the Indian Gaming Special Distribution Fund to backfill the Indian Gaming Revenue Sharing Trust Fund for the next fiscal year .<q>Existing law requires , at the end of each fiscal quarter , the commission ’s Indian Gaming Revenue Sharing Trust Fund report to include specified information , including , among other things , the amount paid into the Indian Gaming Revenue Sharing Trust Fund by each of the tribes pursuant to the applicable sections of the tribal - state gaming compact .<q>This bill would provide that tribes contributing to the Indian Gaming Revenue Sharing Trust Fund on a net win or gross gaming revenue basis may be aggregated in the quarterly report described above .<q>Existing law requires the California Gambling Control Commission to determine the amount of money needed to be transferred from the Indian Gaming Special Distribution Fund to the Indian Gaming Revenue Sharing Trust Fund to ensure that each eligible recipient Indian tribe receives a specified amount of the funds .<q>Existing law defines “ eligible recipient tribe ” for those purposes to mean a noncompact tribe , as defined in the tribal - state gaming compacts ratified and in effect , as specified .<q>Those compacts define “ noncompact tribe ” to mean a federally recognized tribe that operates fewer than 350 gaming devices .<q>This bill would clarify that “ eligible recipient Indian tribe ” means a noncompact , nongaming , or limited - gaming tribe , as defined in the tribal - state gaming compacts ratified and in effect , as provided .<q>The bill would delete other related , obsolete provisions .