Tennessee Valley Authority Salary Transparency Act

The Tennessee Valley Authority Salary Transparency Act proposes to reinstate a requirement for the Tennessee Valley Authority (TVA) to submit an annual financial and operational report to Congress. While the TVA is a government-owned corporation providing electricity and land management to millions of people across seven states, a previous law from 1995 ended its obligation to file these specific annual reports. This bill aims to bring back that oversight by requiring a formal report every March.

If enacted, the bill would specifically increase transparency regarding how the TVA spends money on its workforce. It would require the TVA to list the names, job duties, and salaries of all employees who earn more than the maximum pay for a GS-13 federal employee. This update modernizes an older rule that required reporting for anyone making over $1,500, focusing instead on the organization's top earners and management.

For citizens living in the Tennessee Valley region, this legislation would provide more public insight into the financial management of their primary utility provider. By making high-level salary information available to Congress and the public, the bill seeks to ensure that the federally owned corporation remains accountable for its administrative spending and executive compensation levels.