§ 828b. — Exemption from formula, books and records, and project cost statement requirements; annual charges.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC828b]
TITLE 16--CONSERVATION
CHAPTER 12--FEDERAL REGULATION AND DEVELOPMENT OF POWER
SUBCHAPTER IV--STATE AND MUNICIPAL WATER CONSERVATION FACILITIES
Sec. 828b. Exemption from formula, books and records, and
project cost statement requirements; annual charges
Section 807 of this title pertaining to the taking over by the
United States of any project upon or after the expiration of a license,
and sections 825 and 825a of this title requiring certain records and
accounting procedures and section 797(b) of this title requiring the
preparation and filing of the statement of actual legitimate original
cost of a project, shall not be applicable to any project owned by a
State or municipality, and such rights and requirements shall not exist
under any license heretofore or hereafter granted to any State or
municipality. The Secretary of Energy in determining the amount of
annual charges applicable to any such project may determine the annual
charges with reference to the actual cost of services incurred by the
Secretary with respect to the project.
(Aug. 15, 1953, ch. 503, Sec. 3, 67 Stat. 587; Pub. L. 86-124, July 31,
1959, 73 Stat. 271; Pub. L. 95-91, title III, Sec. 301(b), Aug. 4, 1977,
91 Stat. 578.)
Codification
Section was not enacted as part of the Federal Power Act which
generally comprises this chapter.
Amendments
1959--Pub. L. 86-124 struck out ``except that the provisions of
sections 797(b) and 807 of this title shall continue to be applicable to
any license issued for a hydroelectric development in the International
Rapids section of the Saint Lawrence River'' in first sentence.
Transfer of Functions
``Secretary of Energy'' and ``Secretary'' substituted in text for
``Federal Power Commission'' and ``Commission'', respectively, pursuant
to Pub. L. 95-91, Sec. 301(b), which is classified to section 7151(b) of
Title 42, The Public Health and Welfare.
Federal Power Commission terminated and its functions, personnel,
property, funds, etc., transferred to Secretary of Energy (except for
certain functions transferred to Federal Energy Regulatory Commission)
by sections 7151(b), 7171(a), 7172(a), 7291, and 7293 of Title 42.