Search Results for keywords:"hydropower improvement property"

Search Results: keywords:"hydropower improvement property"

H. R. 2160 — 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.
March 14, 2025
Status:Introduced in House
Congress:119
Words:1,654
The bill, H.R. 2160, also known as the "Maintaining and Enhancing Hydroelectricity and River Restoration Act," aims to amend the Internal Revenue Code to encourage upgrades at existing hydroelectric dams across the United States. It offers a 30% tax credit for improvements...
Simple Explanation
The bill wants to help improve old dams so they can make more clean energy, be safer for animals and the environment, and keep the electric system strong by giving a special 30% money-back for doing this.
S. 1183 — 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.
March 27, 2025
Status:Introduced in Senate
Congress:119
Words:1,668
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.

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