Bill

Bill > HR4499


US HR4499

US HR4499
Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2021


summary

Introduced
07/16/2021
In Committee
07/16/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Internal Revenue Code of 1986 to support upgrades at existing hydroelectric dams and the removal of obsolete river obstructions to improve the health of the Nation’s rivers and associated wildlife habitat and increase clean energy production, public safety, and for other purposes.

AI Summary

This bill, the "Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2021", proposes to amend the Internal Revenue Code to provide a tax credit for investments in upgrading existing hydroelectric dams to improve safety, environmental impacts, and grid resilience. It also establishes a tax credit for the removal of obsolete river obstructions, such as non-powered dams, to improve river health and restore ecosystems. The bill aims to support clean energy production, public safety, and the overall health of the nation's rivers and associated wildlife habitats.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

Referred to the House Committee on Ways and Means. (on 07/16/2021)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...