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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 protect rivers and wildlife habitats. This means citizens can expect more stable electricity supply and a healthier natural environment.
Key points
Companies upgrading hydroelectric facilities can receive a 30% tax credit on investment costs.
The credit covers improvements like fish passage, water quality, dam safety, and public access to waterways.
Support also extends to removing obsolete river obstructions and building small, remote dams for isolated communities.
These changes aim to increase clean energy production and improve river health, benefiting the environment and electricity supply stability.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_2160
Sponsor: Rep. Smith, Adrian [R-NE-3]
Process start date: 2025-03-14
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Maintaining and Enhancing Hydroelectricity and River Restoration Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_2160.

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 2025-03-14.

What are the main provisions?

Key points include:

  • Companies upgrading hydroelectric facilities can receive a 30% tax credit on investment costs.
  • The credit covers improvements like fish passage, water quality, dam safety, and public access to waterways.
  • Support also extends to removing obsolete river obstructions and building small, remote dams for isolated communities.
  • These changes aim to increase clean energy production and improve river health, benefiting the environment and electricity supply stability.
What is the specific legal status?

The current status is Introduced.

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 2025-12-22.

CATEGORIES

Taxes Environment Public Investments