S. 1183In Committee
Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2025
Establishes a 30% investment tax credit for approved hydropower improvement property, including river restoration, dam safety, and public waterway access projects
Plain-English overview
What this bill does
Establishes a 30% investment tax credit for approved hydropower improvement property, including river restoration, dam safety, and public waterway access projects
Key points
- Establish hydropower tax credit
- Authorize elective pay refunds
- Allow advance credit claims
- Allow credit transfers
Current status
Where it stands
Status
In Committee
Latest action
2025-03-27 — Read twice and referred to the Committee on Finance.
Related context
Topics and policy areas
undefinedTaxation