In the nature of a substitute.

SA 4002. Mr. McCONNELL (for Ms. Murkowski) proposed an amendment to
the bill S. 1142, to extend the deadline for commencement of
construction of certain hydroelectric projects; as follows:

Strike all after the enacting clause and insert the
following:

SECTION 1. SHORT TITLE.

This Act may be cited as the ``J. Bennett Johnston Waterway
Hydropower Extension Act of 2018''.

SEC. 2. EXTENSION.

(a) In General.--Notwithstanding the time period specified
in section 13 of the Federal Power Act (16 U.S.C. 806) that
would otherwise apply to Federal Energy Regulatory Commission
project numbers 12756, 12757, and 12758, the Commission may,
at the request of the licensee for the applicable project,
and after reasonable notice, in accordance with the good
faith, due diligence, and public interest requirements of
that section and the procedures of the Commission under that
section, extend the time period during which the licensee is
required to commence the construction of the applicable
project for up to 3 consecutive 2-year periods from the date
of the expiration of the extension originally issued by the
Commission.
(b) Reinstatement of License.--If the time period required
for commencement of construction of a project described in
subsection (a) has expired prior to the date of enactment of
this Act--
(1) the Commission may reinstate the license for the
applicable project effective as of the date of the expiration
of the license; and
(2) the first extension authorized under subsection (a)
shall take effect on that expiration.
______