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A bill to extend the deadline to commence construction of certain hydroelectric projects on the Red River.
3/28/2024, 4:20 AM
Summary of Bill S 4050
Bill 118 s 4050 is a piece of legislation that aims to extend the deadline for the commencement of construction on certain hydroelectric projects located on the Red River. The bill specifically targets projects that have been approved by the Federal Energy Regulatory Commission (FERC) but have not yet begun construction.
The proposed extension of the deadline is intended to provide additional time for the developers of these projects to secure the necessary permits and financing to move forward with construction. By extending the deadline, the bill seeks to ensure that these hydroelectric projects are able to proceed and contribute to the nation's energy infrastructure.
The bill does not specify the length of the extension, but rather leaves it up to the discretion of FERC to determine the appropriate timeline based on the individual circumstances of each project. This flexibility allows for a tailored approach that takes into account the unique challenges and complexities that may arise during the development of hydroelectric projects on the Red River. Overall, Bill 118 s 4050 is a targeted piece of legislation that seeks to support the development of hydroelectric projects on the Red River by providing additional time for construction to commence. The bill aims to strike a balance between promoting renewable energy sources and ensuring responsible and efficient project development.
The proposed extension of the deadline is intended to provide additional time for the developers of these projects to secure the necessary permits and financing to move forward with construction. By extending the deadline, the bill seeks to ensure that these hydroelectric projects are able to proceed and contribute to the nation's energy infrastructure.
The bill does not specify the length of the extension, but rather leaves it up to the discretion of FERC to determine the appropriate timeline based on the individual circumstances of each project. This flexibility allows for a tailored approach that takes into account the unique challenges and complexities that may arise during the development of hydroelectric projects on the Red River. Overall, Bill 118 s 4050 is a targeted piece of legislation that seeks to support the development of hydroelectric projects on the Red River by providing additional time for construction to commence. The bill aims to strike a balance between promoting renewable energy sources and ensuring responsible and efficient project development.
Congressional Summary of S 4050
This bill authorizes the Federal Energy Regulatory Commission (FERC) to extend the time period during which the licensees of specified hydroelectric projects on the Red River in Louisiana must commence construction of such projects. (Under existing law, licensees must commence construction of licensed projects within a time fixed in their license.) The bill also provides that FERC may reinstate such licenses, effective as of the date they expire.
Read the Full Bill
Current Status of Bill S 4050
Bill S 4050 is currently in the status of Bill Introduced since March 21, 2024. Bill S 4050 was introduced during Congress 118 and was introduced to the Senate on March 21, 2024. Bill S 4050's most recent activity was Held at the desk. as of March 26, 2024
Bipartisan Support of Bill S 4050
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
0Republican Cosponsors
3Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4050
Primary Policy Focus
EnergyPotential Impact Areas
- Alternative and renewable resources
- Electric power generation and transmission
- Hydrology and hydrography
- Lakes and rivers
- Licensing and registrations
- Texas
Alternate Title(s) of Bill S 4050
A bill to extend the deadline to commence construction of certain hydroelectric projects on the Red River.
A bill to extend the deadline to commence construction of certain hydroelectric projects on the Red River.
Comments
Sponsors and Cosponsors of S 4050
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