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Bill would create federal tax incentive for existing U.S. hydropower

December 14, 2022

U.S. Senators Maria Cantwell (D-WA) and Lisa Murkowski (R-AK), along with Debbie Stabenow (D-MI) and Dan Sullivan (R-AK), have introduced legislation to help ensure that existing hydroelectric facilities can continue to provide emissions-free, affordable electricity.

The Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2022 creates a new federal tax incentive to encourage safety, security, fish migration, water quality and public use upgrades at hydropower plants in the U.S. The bill also establishes a new federal cost-share to encourage the removal of obsolete river obstructions that harm the health of river ecosystems and inhibit outdoor recreation opportunities.

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