The passage of the TVA Act in 1933 gave the Tennessee Valley Authority oversight of flood control operations in the Tennessee River watershed, where most of TEPCO's dams were located. Jo Conn Guild, the head of TEPCO, vehemently opposed TVA and challenged the constitutionality of the TVA Act in federal court. After the U.S. Supreme Court upheld the act, however, TEPCO was forced under eminent domain to sell its assets to TVA for $78 million. This sum included $3.5 million for Great Falls Dam.