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<br />extent that these preferred customers are not <br />willing to purchase the power, it may be sold <br />to investor-owned utilities. <br /> <br />By assuring the availability of power to <br />municipally-owned utilities and non-profit <br />cooperatives, the preference clause bolsters <br />competition. <br /> <br />Senate Report No. 98-340, 98th Cong., 1st <br />Sess. 53 (1983). <br /> <br />--- <br /> <br />Congress has most recently considered the <br />questions of alteration of existing preference <br />po 1 i cy in debate over the Hoover Powerp 1 ant Act of <br />1984. During floor debate in the House of <br />Representatives, Representative Boxer of <br />California introduced an amendment to the Hoover <br />legislation whereby power generated by the Boulder <br />Canyon Project would be auctioned off at market <br />rates. 130 Congo Rec. H3319 (May 3, 1984). The <br />amendment was attacked on the ground that a <br />subversion of preference would occur. <br />Illustrative was the statement of Congressman <br />Lehman of California: <br /> <br />...this amendment would establish a precedent <br />that could drastically affect the way the <br /> <br />25 <br />