The bill S. 1183 aims to amend the Internal Revenue Code of 1986 to encourage upgrades at existing hydroelectric dams. It proposes a 30% tax credit for improvements to hydroelectric facilities, like fish passage, water quality, sediment transport, and dam safety, as long as these upgrades are...
Simple Explanation
The bill wants to give people a special reward called a tax credit for making improvements to old dam buildings; these improvements can help create more clean energy, make the electricity system stronger, and protect nature around the rivers.