Bill
Bill > HR6653
summary
Introduced
12/07/2023
12/07/2023
In Committee
12/07/2023
12/07/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to support upgrades at existing hydroelectric dams in order to increase clean energy production, improve the resiliency and reliability of the United States electric grid, enhance the health of the Nation’s rivers and associated wildlife habitats, and for other purposes.
AI Summary
This bill amends the Internal Revenue Code to provide a 30% tax credit for investments in "hydropower improvement property" that enhances hydroelectric dams. Eligible improvements include adding or improving fish passage, maintaining or improving water quality, promoting sediment transport and habitat maintenance, upgrading dams to meet safety and security standards, improving public access to waterways, removing obsolete river obstructions, and installing approved remote dams that serve isolated communities. The bill also allows taxpayers to elect to receive direct payments for the credit instead of claiming it against their tax liability. The goal of the bill is to support upgrades at existing hydroelectric dams in order to increase clean energy production, improve grid reliability, and enhance river health and wildlife habitats.
Committee Categories
Budget and Finance
Sponsors (10)
Adrian Smith (R)*,
Suzan DelBene (D),
Brian Fitzpatrick (R),
Dan Kildee (D),
Ann Kuster (D),
Mike Lawler (R),
Carol Miller (R),
Mary Peltola (D),
Kim Schrier (D),
Claudia Tenney (R),
Last Action
Referred to the House Committee on Ways and Means. (on 12/07/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/6653/all-info |
| BillText | https://www.congress.gov/118/bills/hr6653/BILLS-118hr6653ih.pdf |
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