arrow_back Back to App

Tax Credits for Hydropower Upgrades and River Restoration

This act introduces new tax credits for companies upgrading existing hydroelectric dams. The goal is to boost clean energy production, enhance grid reliability, and improve river health and wildlife habitats. Citizens may benefit from more stable energy supplies and a healthier natural environment.
Key points
Companies upgrading hydropower facilities can receive a 30% tax credit on investment costs.
The credit covers projects improving fish passage, water quality, dam safety, and removal of obsolete river obstructions.
Support also extends to small, remote hydroelectric dams serving communities not connected to major power grids.
These changes aim to increase renewable energy production and protect river ecosystems.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_5222
Sponsor: Sen. Cantwell, Maria [D-WA]
Process start date: 2022-12-08
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_5222.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-12-08.

What are the main provisions?

Key points include:

  • Companies upgrading hydropower facilities can receive a 30% tax credit on investment costs.
  • The credit covers projects improving fish passage, water quality, dam safety, and removal of obsolete river obstructions.
  • Support also extends to small, remote hydroelectric dams serving communities not connected to major power grids.
  • These changes aim to increase renewable energy production and protect river ecosystems.
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