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Tax Credits for Hydropower Upgrades and Obsolete Dam Removal.

This act introduces tax credits for companies and organizations that upgrade existing hydroelectric dams, improving their safety, environmental impact, and grid resilience. Additionally, it provides financial support for the removal of old, unused dams, aiming to improve river health and wildlife habitats. The goal is to increase clean energy production and enhance public safety.
Key points
Businesses upgrading hydroelectric dams can receive a 30% tax credit for investments in safety, environmental improvements, and grid resilience.
A 30% tax credit is available for costs associated with demolishing and removing obsolete dams, aiming to improve river conditions and ecosystems.
Non-profit organizations, state and local governments, and Native American tribes can also benefit from these credits, facilitating environmental projects.
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Additional Information
Print number: 117_S_2306
Sponsor: Sen. Cantwell, Maria [D-WA]
Process start date: 2021-06-24
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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_S_2306.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-06-24.

What are the main provisions?

Key points include:

  • Businesses upgrading hydroelectric dams can receive a 30% tax credit for investments in safety, environmental improvements, and grid resilience.
  • A 30% tax credit is available for costs associated with demolishing and removing obsolete dams, aiming to improve river conditions and ecosystems.
  • Non-profit organizations, state and local governments, and Native American tribes can also benefit from these credits, facilitating environmental projects.
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 Sen. Cantwell, Maria [D-WA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Taxes Environment Public Investments