S 1183 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill creates a tax credit worth 30% of the cost of certain improvements to dams and waterways. These improvements include things like adding fish passages, improving water quality, upgrading dam safety, removing old river obstructions, and helping sediment flow downstream. The improvements must be approved by federal, state, or local officials before January 1, 2035. The bill also lets some organizations, like government and tax-exempt groups, receive the credit as a direct payment, and it allows the credit to be sold to other parties.
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