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Support for Hydropower and Obsolete Dam Removal

This act introduces tax credits for companies upgrading existing hydroelectric dams, aiming to enhance safety, boost clean energy production, and protect the environment. Additionally, financial support is provided for removing old, unused dams, which will help improve river health and wildlife habitats. Citizens may benefit from cleaner energy and healthier river ecosystems.
Key points
Companies upgrading hydroelectric dams can receive a 30% tax credit for investments improving safety, environmental impact, and grid resilience.
A 30% tax credit is available for costs associated with demolishing and removing obsolete dams, aiming to restore natural river conditions.
Support covers both upgrades to existing hydroelectric dams and the removal of non-powered dams and certain old hydroelectric dams.
The credits aim to increase clean energy production, enhance public safety, and protect the natural environment of rivers and their surroundings.
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Additional Information
Print number: 117_HR_4499
Sponsor: Rep. Young, Don [R-AK-At Large]
Process start date: 2021-07-16
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_4499.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-07-16.

What are the main provisions?

Key points include:

  • Companies upgrading hydroelectric dams can receive a 30% tax credit for investments improving safety, environmental impact, and grid resilience.
  • A 30% tax credit is available for costs associated with demolishing and removing obsolete dams, aiming to restore natural river conditions.
  • Support covers both upgrades to existing hydroelectric dams and the removal of non-powered dams and certain old hydroelectric dams.
  • The credits aim to increase clean energy production, enhance public safety, and protect the natural environment of rivers and their surroundings.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Young, Don [R-AK-At Large].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Taxes Environment Public Investments