S. 631Senate112th Congress (2011-2013)In Committee

Hydropower Renewable Energy Development Act of 2011

Introduced March 17, 2011

Legislative Activity

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SenateIntro Referral Latest Action

Read twice and referred to the Committee on Finance.

March 17, 2011

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SenateIntro Referral

Introduced in Senate

March 17, 2011

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S1842)

March 17, 2011

SenateIntro Referral

Read twice and referred to the Committee on Finance.

March 17, 2011

Floor Debate

16 members

What members said about S. 631 on the floor

6 Republicans10 Democrats
Lisa Murkowski
Sen. Lisa MurkowskiR-AK · Mar 17, 2011

Mr. President, I rise today to introduce legislation that really has been 97 years in the making, legislation to authorize the land conveyances needed to permit the Alaska Railroad to be extended…

Olympia J. Snowe
Sen. Olympia J. SnoweR-ME · Mar 17, 2011

Mr. President, I rise today, along with Senator Warner, to reintroduce legislation that provides greater technical resources to the Commissioners of the Federal Communications Commission. Such…

Dianne Feinstein
Sen. Dianne FeinsteinD-CA · Mar 17, 2011

Mr. President, I rise today to introduce the Earthquake Insurance Affordability Act. This bill makes important changes that will increase availability and reduce cost of catastrophic insurance for…

Herb Kohl
Sen. Herb KohlD-WI · Mar 17, 2011

Mr. President, I rise today with Senator Graham to introduce the Sunshine in Litigation Act of 2011, a bill that will curb the ongoing abuse of secrecy orders in Federal courts. The result of this…

Ron Wyden
Sen. Ron WydenD-OR · Mar 17, 2011

Mr. President. I am honored to join my colleague from Wyoming, Senator John Barrasso, in introducing a bill essential to enhancing the delivery of mental health services to our senior citizens, The…

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Patrick J. Leahy
Sen. Patrick J. LeahyD-VT · Mar 17, 2011

Mr. President, this week, the Nation commemorates Sunshine Week, a time to educate the public about the importance of open government. In recognition of Sunshine Week 2011, I am pleased to join with…

Maria Cantwell
Sen. Maria CantwellD-WA · Mar 17, 2011

Mr. President, I am pleased to join with my colleagues Senators Vitter, Carper, Cochran, Inouye, Landrieu, and Murray to introduce the American Shipping Reinvestment Act of 2011. This legislation…

Susan M. Collins
Sen. Susan M. CollinsR-ME · Mar 17, 2011

Mr. President, I rise today to introduce with Senator Lieberman the Securing Terrorist Intelligence Act. Last Congress, the Senate Homeland Security and Governmental Affairs Committee heard testimony…

Tom Udall
Sen. Tom UdallD-NM · Mar 17, 2011

Mr. President, who will develop a computer small enough to fit into our eyeglasses? Who will build the first fully-automated, completely sustainable house or hospital? Which country will successfully…

Richard J. Durbin
Sen. Richard J. DurbinD-IL · Mar 17, 2011

Mr. President, on March 22, countries around the world will celebrate World Water Day--a day to mark the progress we have made protecting this most important resource and to reflect on the many…

Daniel K. Akaka
Sen. Daniel K. AkakaD-HI · Mar 17, 2011

Mr. President, I rise today to introduce the Furthering International Nuclear Safety Act of 2011 to enhance the implementation of the Convention on Nuclear Safety by taking a more systematic approach…

Chuck Grassley
Sen. Chuck GrassleyR-IA · Mar 17, 2011

Mr. President, all too often we learn of new and emerging drug threats to our communities that often have a huge negative impact on our youth. When these drug threats emerge it is crucial that we…

Lisa Murkowski
Sen. Lisa MurkowskiR-AK · Mar 17, 2011

Mr. President, I rise to introduce the Hydropower Renewable Energy Development Act of 2011, legislation to extend certain benefits and income tax provisions to energy generated by hydropower…

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Tom Harkin
Sen. Tom HarkinD-IA · Mar 17, 2011

Mr. President, ensuring that all students, regardless of background or ability, receive an education that gives them the opportunity to live a successful and fulfilling life has always been a major…

Harry Reid
Sen. Harry ReidD-NV · Mar 17, 2011

Mr. President, I rise today to reintroduce the Elko Motocross and Tribal Conveyance Act of 2011. This bill would transfer two small parcels of public land to Elko County and the Elko Indian Colony…

John Barrasso
Sen. John BarrassoR-WY · Mar 17, 2011

Mr. President, I am honored to join my colleague from Oregon, Senator Ron Wyden, to introduce the Seniors Mental Health Access Improvement Act. For over a decade, Senator Wyden has been a strong…

James M. Inhofe
Sen. James M. InhofeR-OK · Mar 17, 2011

Mr. President, I rise today to bring to the Senate's attention H.R. 473. This is the HALE Scouts Act, and the House author is Congressman Dan Boren, D-Okla. I am announcing today introduction of a…

Bill Text

Latest available legislative text

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Introduced in SenateIssued March 17, 2011

II

112th CONGRESS

1st Session

S. 631

IN THE SENATE OF THE UNITED STATES

March 17, 2011

Ms. Murkowski (for herself and Mr. Begich) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To extend certain Federal benefits and income tax provisions to energy generated by hydropower resources.

1.

Short title

This Act may be cited as the Hydropower Renewable Energy Development Act of 2011.

2.

Hydroelectric energy treated as renewable energy

Notwithstanding any other provision of law or regulation, for purposes of any Federal program or standard, the term renewable energy shall include hydroelectric energy generated in the United States by a hydroelectric facility, including electric power produced by efficiency improvements and capacity additions, generation added to nonpower dams, conduits, marine and hydrokinetic resources, lake taps, pumped storage facilities, and conventional hydropower.

3.

Production tax credit for hydropower resources

(a)

In general

Subparagraph (A) of section 45(c)(8) of the Internal Revenue Code of 1986 is amended—

(1)

by striking and at the end of clause (i),

(2)

by striking the period at the end of clause (ii) and inserting , and, and

(3)

by adding at the end the following new clause:

(iii)

in the case of any hydropower facility described in subparagraph (D), the hydropower production from the facility for the taxable year.

.

(b)

Production

Paragraph (8) of section 45(c) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph:

(D)

Other hydropower production facilities

For purposes of subparagraph (A), a facility is described in this subparagraph if such facility—

(i)

is a hydroelectric dam or nonhydroelectric dam—

(I)

which is placed in service after the date of the enactment of the Hydropower Renewable Energy Development Act of 2011, and

(II)

which would be described in subparagraph (A)(i) or (C) but for the placed in service date,

(ii)

is a hydroelectric facility not described in clause (i) which has a nameplate capacity rating of less than 50 megawatts, or

(iii)

is not described in clause (i) or (ii) and generates energy through the use of a lake tap or pumped storage.

.

(c)

Qualified facilities

Paragraph (9) of section 45(d) of the Internal Revenue Code of 1986 is amended to read as follows:

(9)

Qualified hydropower facility

(A)

Incremental hydropower production

In the case of a facility described in subsection (c)(8), without regard to subparagraph (C) or (D) thereof, which produces incremental hydropower production, the term qualified facility means such facility but only to the extent of such incremental hydropower production attributable to efficiency improvements or additions to capacity described in subsection (c)(8)(B) placed in service after August 8, 2005, and before January 1, 2014.

(B)

Production from certain nonhydroelectric dams

In the case of a facility described in subsection (c)(8)(C) which produces qualified hydropower production, the term qualified facility means any such facility placed in service after August 8, 2005, and before January 1, 2014.

(C)

Production from other hydropower facilities

In the case of qualified hydropower production at a facility after the date of the enactment of the Hydropower Renewable Energy Development Act of 2011, the term qualified facility includes any such facility which is described in subsection (c)(8)(D).

(D)

Credit period

In the case of a qualified facility described in subparagraph (A), the 10-year period referred to in subsection (a) shall be treated as beginning on the date the efficiency improvements or additions to capacity are placed in service.

.

(d)

Increase in credit rate

Subparagraph (A) of section 45(b)(4) of the Internal Revenue Code of 1986 is amended by striking (7), (9), or (11) and inserting or (7).

(e)

Effective date

The amendments made by this section shall apply to electricity produced after the date of the enactment of this Act.

4.

5-year accelerated depreciation period for equipment which produces electricity from marine renewables and hydropower

(a)

In general

Subclause (III) of section 168(e)(3)(B)(vi) of the Internal Revenue Code of 1986 is amended to read as follows:

(III)

is described in section 45(d)(11) (without regard to any placed in service date) and converts marine and hydrokinetic renewable energy (as defined in section 45(c)(10)) into useable energy,

.

(b)

Conventional hydropower

Clause (vi) of section 168(e)(3)(B) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subclause:

(IV)

is described in section 45(d)(9) (without regard to any placed in service date) and has qualified hydropower production (as defined in section 45(c)(8)), and

.

(c)

Effective date

The amendments made by this section shall apply to property placed in service after the date of the enactment of this Act.