Ask AI
H.R. 5181

Local Taxpayer Protection Act of 2018

Local Taxpayer Protection Act of 2018

This bill requires certain hydropower facility licensees to make an annual payment of $1.8 million to the county in which the licensed hydropower facility is located. Subsequent payments must increase by 2% of the preceding annual payment.

The fee applies to a state, or a subdivision of the state, that (1) received a license for a pumped-storage facility, and (2) filed for the license in April 2017.

Referred to the Subcommittee on Energy.

Rep. Faso, John J. [R-NY-19](R-NY)Sponsor
1committees4actions6subjects
  1. Committee

    Referred to the Subcommittee on Energy.

    Energy, Climate and Grid Security Subcommittee
  2. IntroReferralH11100

    Referred to the House Committee on Energy and Commerce.

    Energy and Commerce Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Local Taxpayer Protection Act of 2018 — Informed