3.0.0 1183 2026-02-26T12:03:17Z 2026-02-26T12:03:17Z Senate S S 2025-03-27 119 https://www.congress.gov/bill/119th-congress/senate-bill/1183 ssfi00 Finance Committee Senate Standing Referred To 2025-03-27T18:11:08Z Referred To 2025-03-27T18:11:08Z Maintaining and Enhancing Hydroelectricity and River Restoration Act 119 2160 HR 2025-03-14 Referred to the House Committee on Ways and Means. Related bill CRS 2025-03-27 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2025-03-27 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 2025-03-27 True K000383 Sen. King, Angus S., Jr. [I-ME] Angus King I ME S. 2025-03-27 True C001035 Sen. Collins, Susan M. [R-ME] Susan Collins R ME M. 2025-03-27 True P000595 Sen. Peters, Gary C. [D-MI] Gary Peters D MI 2025-03-27 True S001198 Sen. Sullivan, Dan [R-AK] Dan Sullivan R AK 2025-03-27 True S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH 2025-03-27 True M001111 Sen. Murray, Patty [D-WA] Patty Murray D WA 2025-03-27 True G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. 2025-03-27 True F000463 Sen. Fischer, Deb [R-NE] Deb Fischer R NE 2025-04-02 False R000618 Sen. Ricketts, Pete [R-NE] Pete Ricketts R NE 2025-04-29 False M000934 Sen. Moran, Jerry [R-KS] Jerry Moran R KS 2025-06-05 False H001076 Sen. Hassan, Margaret Wood [D-NH] Maggie Hassan D NH 2025-06-05 False W000800 Sen. Welch, Peter [D-VT] Peter Welch D VT 2026-02-25 False Taxation Taxation 2025-05-08T20:00:45Z 00 2025-03-27 Introduced in Senate 2025-05-14T13:28:18Z Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2025

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, 2035.

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 2025 Display Title 45 Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2025 2026-02-26T12:03:17Z Short Title(s) as Introduced 101 Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2025 2025-04-12T03:08:16Z Introduced in Senate IS Official Title as Introduced 6 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. 2025-04-12T03:03:31Z Introduced in Senate IS Introduced in Senate 2025-03-27T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119s1183is/xml/BILLS-119s1183is.xml 2025-03-27 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.