3.0.0
6653
2025-12-05T08:46:24Z
2025-12-05T08:46:24Z
House
H
HR
2023-12-07
118
https://www.congress.gov/bill/118th-congress/house-bill/6653
[Congressional Record Volume 169, Number 202 (Thursday, December 7, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SMITH of Nebraska:H.R. 6653.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 1 of the United StatesConstitutionThe single subject of this legislation is:Tax[Page H6740]
- hswm00
Ways and Means Committee
House
Standing
  - Referred To
2023-12-07T14:02:10Z

- Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2023
118
2994
S
2023-09-28
Read twice and referred to the Committee on Finance.
  - Identical bill
CRS
- 2023-12-07
Referred to the House Committee on Ways and Means.
IntroReferral
H11100
2
House floor actions
  - hswm00
Ways and Means Committee
- 2023-12-07
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2023-12-07
Introduced in House
IntroReferral
1000
9
Library of Congress
- S001172
Rep. Smith, Adrian [R-NE-3]
Adrian
Smith
R
NE
3
N
- D000617
Rep. DelBene, Suzan K. [D-WA-1]
Suzan
DelBene
D
WA
K.
1
2023-12-07
True
- T000478
Rep. Tenney, Claudia [R-NY-24]
Claudia
Tenney
R
NY
24
2023-12-07
True
- K000382
Rep. Kuster, Ann M. [D-NH-2]
Ann
Kuster
D
NH
M.
2
2023-12-07
True
- F000466
Rep. Fitzpatrick, Brian K. [R-PA-1]
Brian
Fitzpatrick
R
PA
K.
1
2023-12-07
True
- S001216
Rep. Schrier, Kim [D-WA-8]
Kim
Schrier
D
WA
8
2023-12-07
True
- P000619
Rep. Peltola, Mary Sattler [D-AK-At Large]
Mary
Peltola
D
AK
Sattler
0
2024-03-13
False
- M001205
Rep. Miller, Carol D. [R-WV-1]
Carol
Miller
R
WV
D.
1
2024-03-13
False
- L000599
Rep. Lawler, Michael [R-NY-17]
Michael
Lawler
R
NY
17
2024-03-13
False
- K000380
Rep. Kildee, Daniel T. [D-MI-8]
Daniel
Kildee
D
MI
T.
8
2024-03-13
False
Taxation
Taxation
2024-01-09T20:15:17Z
00
2023-12-07
Introduced in House
2025-01-27T14:54:46Z
Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2023
This bill establishes a new investment tax credit in the amount of 30% of the basis of any hydropower improvement property.
The bill defines hydropower improvement property as property that
- adds or improves fish passage at a qualified dam;
- maintains or improves the quality of the water retained or released by a qualified dam;
- promotes downstream sediment transport and habitat maintenance;
- upgrades, repairs, or reconstructs a qualified dam to meet safety and security standards;
- improves public uses of, and access to, public waterways impacted by a qualified dam;
- removes an obsolete river obstruction; or
- places into service an approved remote dam.
Further, written approval for hydropower improvement property must be obtained from the Federal Energy Regulatory Commission or state or local officials prior to January 1, 2032.
The bill also allows an election to claim the investment tax credit for qualified progress expenses for some types of hydropower improvement property in advance of such property being placed into service. Any investment tax credit amount claimed for qualified progress expenses reduces the amount of the investment tax credit that may be claimed once the hydropower improvement property is placed into service.
The bill authorizes certain entities, including tax-exempt and governmental entities, to treat the investment tax credit for hydropower improvement property as a payment of tax and receive a refund of any overpayment (also known as elective pay).
Finally, the investment tax credit for hydropower improvement property may be transferred (i.e., sold).

Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2023
- Display Title
45

Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2023
2024-06-11T15:39:33Z
- Short Title(s) as Introduced
101

Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2023
2024-05-24T13:34:51Z
Introduced in House
IH
- Official Title as Introduced
6

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.
2024-03-18T21:58:21Z
Introduced in House
IH
- Introduced in House
2023-12-07T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr6653ih/xml/BILLS-118hr6653ih.xml
2023-12-07
Referred to the House Committee on Ways and Means.
text/xml
EN
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