This law lets the Federal Energy Regulatory Commission (FERC) extend the time a hydropower licensee has to start building a project. A "covered project" is a hydropower project whose FERC license was issued before March 13, 2020. On a licensee's request, and after reasonable notice and for good cause, FERC may extend the period to commence construction for up to 6 additional years beyond the 8 years allowed under section 13 of the Federal Power Act. The additional 6 years must be granted as up to three consecutive 2-year periods. Any extension begins when the last extension previously granted under section 13 expires and ends no more than 6 years after the latest date FERC may extend under that section. If a covered project's license expired after December 31, 2023 and before this law was enacted, FERC may reinstate that license effective as of the expiration date, and the new extension authority takes effect on that expiration date. The act was approved on May 11, 2026.
No publicly available information on costs or budgetary effects is contained in the bill text.
No publicly available information in the bill text about supporters' arguments or reasons for the change.
No publicly available information in the bill text about opponents' concerns or objections.