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- H.R.4499
H.R.4499: Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2021
About This Bill
- Introduced July 16, 2021
- Latest Major Action July 16, 2021
Bill Sponsor
Bill Cosponsors
4 (3 Democrats, 1 Republican)
Bill Version
- Introduced in House - July 16, 2021
Bill Summary
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...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 16, 2021 |
Referred to the House Committee on Ways and Means.
|
| July 16, 2021 |
Introduced in the House by Don Young (R-Alaska) |