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.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5181 Introduced in House (IH)]

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115th CONGRESS
  2d Session
                                H. R. 5181

 To require certain licensees under the Federal Power Act make annual 
   payments to the county in which a licensed hydropower facility is 
                    located, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 6, 2018

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

_______________________________________________________________________

                                 A BILL


 
 To require certain licensees under the Federal Power Act make annual 
   payments to the county in which a licensed hydropower facility is 
                    located, 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. SHORT TITLE.

    This Act may be cited as the ``Local Taxpayer Protection Act of 
2018''.

SEC. 2. PAYMENT OF FEES BY CERTAIN HYDROPOWER FACILITY LICENSE HOLDERS.

    (a) Initial Payment.--Not later than 1 year after the date of 
enactment of this Act, and annually thereafter for the duration of the 
applicable license and any subsequent license received for the same 
facility and related operations, a covered licensee shall make an 
annual payment to the county in which the applicable licensed project 
is located beginning in the amount of $1,800,000.
    (b) Increase in Subsequent Payments.--The amount of each annual 
payment occurring after the first annual payment shall increase by 2 
percent of the preceding annual payment.
    (c) Remaining Obligations.--The payment of funds under this section 
shall not affect the obligation of the covered licensee to pay any 
other funds required to be paid to a county under the terms of a 
judicial decree or settlement of an action brought by one or more 
counties against the covered licensee.
    (d) Statutory Construction.--Nothing in this section shall be 
construed to authorize an increase in the rates and charges for 
electric energy of a covered licensee.
    (e) Covered Licensee Defined.--In this section, the term ``covered 
licensee'' means a State, or any subdivision thereof, that--
            (1) received a license under section 10 of the Federal 
        Power Act (16 U.S.C. 803) for a pumped-storage facility; and
            (2) filed for such license in April of 2017.
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