H.R. 529 (108th): To reinstate and transfer a hydroelectric license under the Federal Power Act to permit the immediate redevelopment ...

...of a hydroelectric project located in the State of New York, and for other purposes.

108th Congress, 2003–2004. Text as of Feb 04, 2003 (Introduced).

Status & Summary | PDF | Source: GPO

HR 529 IH

108th CONGRESS

1st Session

H. R. 529

To reinstate and transfer a hydroelectric license under the Federal Power Act to permit the immediate redevelopment of a hydroelectric project located in the State of New York, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

February 4, 2003

Mr. SWEENEY introduced the following bill; which was referred to the Committee on Energy and Commerce


A BILL

To reinstate and transfer a hydroelectric license under the Federal Power Act to permit the immediate redevelopment of a hydroelectric project located in the State of New York, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. FINDINGS.

    The Congress finds that it is in the public interest to have reinstated by the Federal Energy Regulatory Commission (‘FERC’) the hydroelectric license for Project No. 2696 and to have FERC transfer the license to the Town of Stuyvesant, New York, in order to utilize the hydraulic potential of waters of the United States.

SEC. 2. REINSTATEMENT AND TRANSFER.

    (a) REINSTATEMENT AND TRANSFER OF FEDERAL LICENSE FOR PROJECT NUMBERED 2696- Notwithstanding section 8 of the Federal Power Act (16 U.S.C. 801) or any other provision of such Act, the Federal Energy Regulatory Commission (‘FERC’) is directed to reinstate the license for Project No. 2696 and to transfer the license, without delay or the institution of any proceedings, to the Town of Stuyvesant, New York, holder of Federal Energy Regulatory Commission Preliminary Permit No. 11787, within 30 days of enactment of this Act.

    (b) HYDROELECTRIC INCENTIVES- Project No. 2696 shall be entitled to the full benefit of any legislation passed by Congress that promotes hydroelectric development within 2 years either before or after this Act’s effective date.

    (c) PROJECT DEVELOPMENT AND FINANCING- The Federal Energy Regulatory Commission (‘FERC’) shall permit the town to add as a co-licensee any private or public entity or entities to the reinstated license at any time, notwithstanding the issuance of a preliminary permit to the Town of Stuyvesant and any consideration of municipal preference. The town shall be entitled, to the extent that funds are available or shall be made available, to receive loans under sections 402 and 403 of the Public Utility Regulatory Policies Act of 1978 (16 U.S.C. 2702 and 2703), or similar programs, for the reimbursement of feasibility studies, or development costs, or both, incurred since January 1, 2001, through and including December 31, 2006. All power produced by the project shall be deemed incremental hydropower for purpose of qualifying for any energy credit or similar benefits.