- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Senate Committee on FinanceIntroducedJuly 13th, 2010
- senate Committees
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Hydropower Renewable Energy Development Act of 2010
A bill to extend certain Federal benefits and income tax provisions to energy generated by hydropower resources.
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.