Extends the time developers have to begin construction on certain hydropower projects approved before 2020. The bill allows up to six additional years beyond existing deadlines, giving more flexibility to projects that have been delayed.
Allows the Federal Energy Regulatory Commission to reinstate some hydropower licenses that have already expired. This change affects project developers and energy companies by giving them another chance to move forward without restarting the full approval process.
Supports continued development of hydropower projects that stalled due to financing, permitting, or other delays, and helps preserve prior approvals that would otherwise be lost.