42 U.S.C. § 16421: Third-party finance

is located in a national interest electric transmission corridor designated under section 216(a) of the Federal Power Act [ 16 U.S.C. 824p(a) ] and will reduce congestion of electric transmission in interstate commerce; or is necessary to accommodate an actual or projected increase in demand for electric transmission capacity; transmission needs identified, in a transmission expansion plan or otherwise, by the appropriate Transmission Organization (as defined in the Federal Power Act [ 16 U.S.C. 791a et seq.]), if any, or approved regional reliability organization; and efficient and reliable operation of the transmission grid; and would be operated in conformance with prudent utility practice. is located in an area designated under section 216(a) of the Federal Power Act [ 16 U.S.C. 824p(a) ] and will reduce congestion of electric transmission in interstate commerce; or is necessary to accommodate an actual or projected increase in demand for electric transmission capacity; transmission needs identified, in a transmission expansion plan or otherwise, by the appropriate Transmission Organization (as defined in the Federal Power Act [ 16 U.S.C. 791a et seq.]) if any, or approved regional reliability organization; and efficient and reliable operation of the transmission grid; will be operated in conformance with prudent utility practice; will be operated by, or in conformance with the rules of, the appropriate (A) Transmission Organization, if any, or (B) if such an organization does not exist, regional reliability organization; and will not duplicate the functions of existing transmission facilities or proposed facilities which are the subject of ongoing or approved siting and related permitting proceedings. In carrying out a Project under subsection (a) or (b), the Secretary may accept and use funds contributed by another entity for the purpose of carrying out the Project. without fiscal year limitation; and as if the funds had been appropriated specifically for that Project. In carrying out a Project under subsection (a) or (b), any costs of the Project not paid for by contributions from another entity shall be collected through rates charged to customers using the new transmission capability provided by the Project and allocated equitably among these project beneficiaries using the new transmission capability. any Federal environmental law, including the National Environmental Policy Act of 1969 ( 42 U.S.C. 4321 et seq.); any Federal or State law relating to the siting of energy facilities; or any existing authorizing statutes. Nothing in this section shall constrain or restrict an Administrator in the utilization of other authority delegated to the Administrator of WAPA or SWPA. Any determination made pursuant to subsections 1 (a) or (b) shall be based on findings by the Secretary using the best available data. 1 So in original. Probably should be “subsection”. The Secretary shall not accept and use more than $100,000,000 under subsection (c)(1) for the period encompassing fiscal years 2006 through 2015.