
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 42USC2204]

 
                 TITLE 42--THE PUBLIC HEALTH AND WELFARE
 
          CHAPTER 23--DEVELOPMENT AND CONTROL OF ATOMIC ENERGY
 
                        Division A--Atomic Energy
 
            SUBCHAPTER XIII--GENERAL AUTHORITY OF COMMISSION
 
Sec. 2204. Electric utility contracts; authority to enter into; 
        cancellation; submission to Energy Committees
        
    The Commission is authorized in connection with the construction or 
operation of the Oak Ridge, Paducah, and Portsmouth installations of the 
Commission, without regard to sections 1341, 1342, and 1349-1351 and 
subchapter II of chapter 15 of title 31, to enter into new contracts or 
modify or confirm existing contracts to provide for electric utility 
services for periods not exceeding twenty-five years, and such contracts 
shall be subject to termination by the Commission upon payment of 
cancellation costs as provided in such contracts, and any appropriation 
presently or hereafter made available to the Commission shall be 
available for the payment of such cancellation costs. Any such 
cancellation payments shall be taken into consideration in determination 
of the rate to be charged in the event the Commission or any other 
agency of the Federal Government shall purchase electric utility 
services from the contractor subsequent to the cancellation and during 
the life of the original contract. The authority of the Commission under 
this section to enter into new contracts or modify or confirm existing 
contracts to provide for electric utility services includes, in case 
such electric utility services are to be furnished to the Commission by 
the Tennessee Valley Authority, authority to contract with any person to 
furnish electric utility services to the Tennessee Valley Authority in 
replacement thereof. Any contract hereafter entered into by the 
Commission pursuant to this section shall be submitted to the Energy 
Committees and a period of thirty days shall elapse while Congress is in 
session (in computing such thirty days, there shall be excluded the days 
on which either House is not in session because of adjournment for more 
than three days) before the contract of the Commission shall become 
effective: Provided, however, That the Energy Committees, after having 
received the proposed contract, may by resolution in writing, waive the 
conditions of or all or any portion of such thirty-day period.

(Aug. 1, 1946, ch. 724, title I, Sec. 164, as added Aug. 30, 1954, ch. 
1073, Sec. 1, 68 Stat. 951; renumbered title I, Pub. L. 102-486, title 
IX, Sec. 902(a)(8), Oct. 24, 1992, 106 Stat. 2944; amended Pub. L. 103-
437, Sec. 15(f)(7), Nov. 2, 1994, 108 Stat. 4593.)

                          Codification

    ``Sections 1341, 1342, and 1349-1351 and subchapter II of chapter 15 
of title 31'' substituted in text for ``section 3679 of the Revised 
Statutes, as amended [31 U.S.C. 665]'' on authority of Pub. L. 97-258, 
Sec. 4(b), Sept. 13, 1982, 96 Stat. 1067, the first section of which 
enacted Title 31, Money and Finance.


                               Amendments

    1994--Pub. L. 103-437 substituted ``Energy Committees'' for ``Joint 
Committee'' in two places.

                          Transfer of Functions

    Atomic Energy Commission abolished and functions transferred by 
sections 5814 and 5841 of this title. See, also, notes set out under 
those sections.
