7 Sec. 4FEDERAL POWER ACT
(b) To determine the actual legitimate original cost of and the
net investment in a licensed project, and to aid the Commission in
such determinations, each licensee shall, upon oath, within a rea-
sonable period of time to be fixed by the Commission, after the con-
struction of the original project or any addition thereto or better-
ment thereof, file with the Commission in such detail as the Com-
mission may require, a statement in duplicate showing the actual
legitimate original cost of construction of such project, addition, or
betterment, and of the price paid for water rights, rights-of-way,
lands, or interest in lands. The licensee shall grant to the Commis-
sion or to its duly authorized agent or agents, at all reasonable
times, free access to such project, addition, or betterment, and to
all maps, profiles, contracts, reports of engineers, accounts, books,
records, and all other papers and documents relating thereto. The
statement of actual legitimate original cost of said project, and re-
visions thereof as determined by the Commission, shall be filed
with the Secretary of the Treasury.
(c) To cooperate with the executive departments and other
agencies of State or National Governments in such investigations;
and for such purpose the several departments and agencies of the
National Government are authorized and directed upon the request
of the Commission to furnish such records, papers, and information
in their possession as may be requested by the Commission, and
temporarily to detail to the Commission such officers or experts as
may be necessary in such investigations.
(d) To make public from time to time the information secured
hereunder and to provide for the publication of its reports and in-
vestigations in such form and manner as may be best adapted for
public information and use. The Commission, on or before the 3d
day of January of each year, shall submit to Congress for the fiscal
year preceding a classified report showing the permits and licenses
issued under this Part, and in each case the parties thereto, the
terms prescribed, and the moneys received if any, on account there-
of.
(e) To issue licenses to citizens of the United States, or to any
association of such citizens, or to any corporation organized under
the laws of the United States or any State thereof, or to any State
or municipality for the purpose of constructing, operating, and
maintaining dams, water conduits, reservoirs, power houses, trans-
mission lines, or other project works necessary or convenient for
the development and improvement of navigation and for the devel-
opment, transmission, and utilization of power across, along, from
or in any of the streams or other bodies of water over which Con-
gress has jurisdiction under its authority to regulate commerce
with foreign nations and among the several States, or upon any
part of the public lands and reservations of the United States (in-
cluding the Territories), or for the purpose of utilizing the surplus
water or water power from any Government dam, except as herein
provided: Provided, That licenses shall be issued within any res-
ervation only after a finding by the Commission that the license
will not interfere or be inconsistent with the purpose for which
such reservation was created or acquired, and shall be subject to
and contain such conditions as the Secretary of the department
under whose supervision such reservation falls shall deem nec-
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As Amended Through P.L. 115-325, Enacted December 18, 2018