3.0.0 4499 2022-12-31T05:06:46Z 2022-12-31T05:06:46Z House HR 2021-07-16 117 [Congressional Record Volume 167, Number 125 (Friday, July 16, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. YOUNG:H.R. 4499.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 1 of the United StatesConstitution.[Page H3634]]]> hswm00 Ways and Means Committee House Standing Referred to 2021-07-16T13:08:05Z Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2021 117 2306 S 2021-06-24 Read twice and referred to the Committee on Finance. Identical bill CRS Twenty-First Century Dams Act 117 4375 HR 2021-08-11 Referred to the Subcommittee on Conservation and Forestry. Related bill CRS 2021-07-16 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2021-07-16 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-07-16 Introduced in House IntroReferral 1000 9 Library of Congress Y000033 Rep. Young, Don [R-AK-At Large] DON YOUNG R AK E. N K000382 Rep. Kuster, Ann M. [D-NH-2] Ann Kuster D NH M. 2 2021-07-16 True F000466 Rep. Fitzpatrick, Brian K. [R-PA-1] Brian Fitzpatrick R PA K. 1 2021-07-16 True D000617 Rep. DelBene, Suzan K. [D-WA-1] Suzan DelBene D WA K. 1 2021-07-16 True S001216 Rep. Schrier, Kim [D-WA-8] Kim Schrier D WA 8 2021-07-19 False Taxation Taxation 00 2021-07-16 Introduced in House 2021-08-06T12:29:50Z Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2021

This bill allows a new tax credit for maintaining and enhancing hydroelectric dams that is equal to 30% of the basis of any qualified dam safety, environmental, and grid resilience enhancement property placed in service in a taxable year. It also allows a 30% credit for qualified obsolete river obstruction removal expenditures for demolishing and removing certain nonpowered or hydroelectric dams.

]]> Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2021 Official Title as Introduced 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. Introduced in House IH Display Title Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2021 Short Title(s) as Introduced Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2021 Introduced in House IH Introduced in House 2021-07-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr4499ih/xml/BILLS-117hr4499ih.xml 2021-07-16 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.