Bill > S1020

This bill addresses the extension of construction timelines for certain hydropower projects regulated by the Federal Energy Regulatory Commission (FERC). Specifically, the bill allows FERC to grant licensees of hydropower projects that were issued licenses before March 13, 2020, an additional extension of up to 6 years beyond the standard 8-year construction commencement period. The extension can be granted in up to three consecutive 2-year periods, beginning when the previous extension expires. If a project's license expired between December 31, 2023, and the bill's enactment date, FERC can reinstate the license effective from its original expiration date. This legislation provides flexibility for hydropower project developers who may have faced challenges in beginning construction, potentially due to economic, environmental, or logistical reasons, by giving them more time to initiate their licensed projects without losing their original license.

Agriculture and Natural Resources

https://www.congress.gov/bill/119th-congress/senate-bill/1020/all-info