3.0.0 2306 2023-03-08T20:12:14Z 2023-03-08T20:12:14Z Senate S 2021-06-24 117 ssfi00 Finance Committee Senate Standing Referred to 2021-06-24T21:49:33Z Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2021 117 4499 HR 2021-07-16 Referred to the House Committee on Ways and Means. 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 2021-06-24 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-06-24 Introduced in Senate IntroReferral 10000 9 Library of Congress C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA N M001153 Sen. Murkowski, Lisa [R-AK] Lisa Murkowski R AK 2021-06-24 True S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2022-11-29 False Taxation Taxation 00 2021-06-24 Introduced in Senate 2021-08-04T12:46:37Z 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 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. Introduced in Senate IS 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 Senate IS Introduced in Senate 2021-06-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s2306is/xml/BILLS-117s2306is.xml 2021-06-24 Read twice and referred to the Committee on Finance. 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.