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Tax Credits for Hydropower Upgrades and River Restoration

This act introduces 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 supply and a healthier natural environment.
Key points
Companies upgrading hydroelectric facilities can receive a 30% tax credit on investment costs.
Support covers improvements like adding fish passages, improving water quality, removing obsolete dams, and enhancing dam safety.
The act aims to increase renewable energy output and protect river ecosystems.
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Expired
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Additional Information
Print number: 118_HR_6653
Sponsor: Rep. Smith, Adrian [R-NE-3]
Process start date: 2023-12-07
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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 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_6653.

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 2023-12-07.

What are the main provisions?

Key points include:

  • Companies upgrading hydroelectric facilities can receive a 30% tax credit on investment costs.
  • Support covers improvements like adding fish passages, improving water quality, removing obsolete dams, and enhancing dam safety.
  • The act aims to increase renewable energy output 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 Rep. Smith, Adrian [R-NE-3].

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 2025-12-25.

CATEGORIES

Taxes Environment Public Investments