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S. 3571

BillFederalSenateIn Committee
Hydropower Renewable Energy Development Act of 2010
About This Bill
Committee
Latest Action · July 13, 2010
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5790-5791)
Congress
111th (2009–2011)
Introduced
July 13, 2010
Cosponsors (1)
1D 0R
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Summary

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Hydropower Renewable Energy Development Act of 2010 - Includes hydroelectric energy generated in the United States by a hydroelectric facility within the definition of "renewable energy" for purposes of any federal program or standard. Amends the Internal Revenue Code to: (1) classify certain hydropower production facilities as a renewable resource for purposes of the tax credit for producing electricity from renewable resources; and (2) eliminate the one-half reduction in the tax credit rate for hydropower facilities.

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