42 U.S.C. § 15882 — Hydroelectric efficiency improvement incentives
submitted 21 years ago by Pub. L. 109-58 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 130 words · no verdicts yet
This section sets out the rules for Hydroelectric efficiency improvement incentives. Its provisions state the requirements, permissions, definitions, limits, or funding rules that apply.
(a) Incentive payments The Secretary* must make incentive payments to the owners or operators of hydroelectric facilities at existing dams to be used to make capital improvements in the facilities that are directly related to improving the efficiency of such facilities by at least 3 percent. (b) Limitations Incentive payments under this section must not exceed 30 percent of the costs of the capital improvement concerned and not more than 1 payment may be made about improvements at a single facility. No payment in excess of $5,000,000 may be made about improvements at a single facility in any 1 fiscal year. (c) Authorization of appropriations There is authorized to be appropriated to carry out this section $75,000,000 for fiscal year 2022 to remain available until expended.
The Secretary* shall make incentive payments to the owners or operators of hydroelectric facilities at existing dams to be used to make capital improvements in the facilities that are directly related to improving the efficiency of such facilities by at least 3 percent.
Incentive payments under this section shall not exceed 30 percent of the costs of the capital improvement concerned and not more than 1 payment may be made with respect to improvements at a single facility. No payment in excess of $5,000,000 may be made with respect to improvements at a single facility in any 1 fiscal year.
There is authorized to be appropriated to carry out this section $75,000,000 for fiscal year 2022 to remain available until expended.
Source credit: (Pub. L. 109–58, title II, § 243, Aug. 8, 2005, 119 Stat. 678; Pub. L. 116–260, div. Z, title III, § 3005(b), Dec. 27, 2020, 134 Stat. 2511; Pub. L. 117–58, div. D, title III, § 40332(a), Nov. 15, 2021, 135 Stat. 1023.)
- 2005Enacted · Pub. L. 109-58 · 119 Stat. 678
- 2020Amended · Pub. L. 116-260 · 134 Stat. 2511
- 2021Amended · Pub. L. 117-58 · 135 Stat. 1023
A history note hasn’t been published yet. The record shows enactment by Pub. L. 109-58 on 2005-08-08.
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