H.R. 4693 — what changed
Tennessee Valley Authority Salary Transparency Act
From Introduced in House to Reported in House.
1 section amended between Introduced in House and Reported in House.
Sec. 2
Salary disclosure; exception to report elimination
added
Section 9 of the Tennessee Valley Authority Act of 1933 (16 U.S.C. 831h) is amended—
(a)
removed
Application of law— Section 3003(a)(1) of the Federal Reports Elimination and Sunset Act of 1995 (31 U.S.C. 1113 note) shall not apply to any report required to be submitted under section 9(a) of the Tennessee Valley Authority Act of 1933 (16 U.S.C. 831h(a)).
(1)
changed
Salary disclosure amount— Section 9(a) of the Tennessee Valley Authority Act of 1933 (16 U.S.C. 831h(a)) is amended in subsection (a), by striking “a financial statement” and all that follows through “$1,500 a year” and inserting “the “a report of the total number of employees at the management level or above, to include all executives and board members, that shall include the names, salaries, and duties of such employees, that are receiving compensation at or greater than the maximum rate of basic pay for grade GS–13 GS–15 of the General Schedule”.Schedule”;
(2)
added
by striking all that precedes “The Board shall” and inserting the following:
added
“9. Financial reporting
added
“(a) Report on compensation
added
“(1) In general”
(3)
added
in subsection (a), by adding at the end the following:
added
“(2) Exemption—The information concerning salaries of employees of the Corporation contained in, or filed with, the report described in paragraph (1) is exempt from—
added
“(A) disclosure under section 552(b)(3) of title 5, United States Code; and
added
“(B) the requirements of the Access to Congressionally Mandated Reports Act (Public Law 117–263).”