OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Transfer of Yellow Creek Port Properties

Floor Speech

Date: Sept. 15, 2014
Location: Washington, DC
Issues: Environment

Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 3044) to approve the transfer of Yellow Creek Port properties in Iuka, Mississippi.

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Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days in which to revise and extend their remarks and include extraneous materials on H.R. 3044.

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Mr. Speaker, I yield myself such time as I may consume.

Mr. Speaker, the Tennessee Valley Authority was created by Congress in 1933 to provide wholesale electric power and create economic development opportunities for those States in the Tennessee Valley region.

The State of Mississippi initiated development of Yellow Creek Port in 1971 on 116 acres purchased from the TVA. Industrial growth, high-paying jobs, associated spinoff companies, and increased traffic on the Nation's inland waterway system have occurred because of the development of Yellow Creek Port.

I would like to thank Congressman Alan Nunnelee for introducing H.R. 3044, legislation that will convey land from TVA to the State of Mississippi to provide economic development opportunities in the region. Nunnelee has been a leader on these types of activities since he was elected to Congress in 2010.

The land being conveyed through this legislation will be used solely for industrial purposes and allow the State of Mississippi to expand the Yellow Creek Port to meet increasing demand.

H.R. 3044 will execute the conveyance of the remaining 173 acres of property from TVA to the State of Mississippi to complete the development of Yellow Creek Port and fulfill one of TVA's missions of ensuring economic development opportunities in the TVA service area.

Mr. Speaker, I urge all Members to support H.R. 3044, and I reserve the balance of my time.

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Mr. Speaker, I thank the gentlewoman from Maryland for her support. I urge my colleagues to join me in supporting this important legislation, and I yield back the balance of my time.

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