Summary: H.R.5181 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.5181. Bill summaries are authored by CRS.

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Introduced in House (03/06/2018)

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.