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Bonneville Unit Clean Hydropower Facilitation Act
The Bonneville Unit Clean Hydropower Facilitation Act () was a bill introduced in the 113th United States Congress which passed in the United States House of Representatives on April 9, 2013. The purpose of the act was to authorize the United States Department of the Interior to facilitate the development of hydroelectric power on the Diamond Fork System of the Central Utah Project. The Central Utah Project is a United States federal water project responsible for power generation, water for irrigation and community use, flood control, and recreation. The bill would alter some of the financial requirements of building a plant in order to facilitate private development. The bill was signed into law on July 22, 2013, becoming Public Law 113-20. Background According to information provided by House Republicans, this bill was necessary to remove financial barriers that were preventing the development of hydropower in this geographic region. Additional background information can ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jason Chaffetz
Jason E. Chaffetz (; born March 26, 1967) is an American retired politician who served as the U.S. representative for from 2009 until his resignation in 2017. He chaired the Committee on Oversight and Government Reform from 2015 until 2017. Chaffetz came to prominence in 2015 for his extensive investigations into Hillary Clinton. He rescinded his endorsement of Donald Trump in early October 2016 but expressed his intent to vote for him three weeks later. Having investigated Clinton and the Obama administration extensively, Chaffetz drew criticism after the 2016 election for declining to investigate certain potential conflicts of interest relating to President Donald J. Trump, and that of other individuals involved in his 2016 presidential campaign and subsequent presidential administration. He resigned from office in 2017, six months into his fifth Congressional term, and has since been a commentator, Fox News contributor, and author. In 2021 Chaffetz joined the Government Ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utah
Utah ( , ) is a state in the Mountain West subregion of the Western United States. Utah is a landlocked U.S. state bordered to its east by Colorado, to its northeast by Wyoming, to its north by Idaho, to its south by Arizona, and to its west by Nevada. Utah also touches a corner of New Mexico in the southeast. Of the fifty U.S. states, Utah is the 13th-largest by area; with a population over three million, it is the 30th-most-populous and 11th-least-densely populated. Urban development is mostly concentrated in two areas: the Wasatch Front in the north-central part of the state, which is home to roughly two-thirds of the population and includes the capital city, Salt Lake City; and Washington County in the southwest, with more than 180,000 residents. Most of the western half of Utah lies in the Great Basin. Utah has been inhabited for thousands of years by various indigenous groups such as the ancient Puebloans, Navajo and Ute. The Spanish were the first Europe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Bureau Of Reclamation
The Bureau of Reclamation, and formerly the United States Reclamation Service, is a federal agency under the U.S. Department of the Interior, which oversees water resource management, specifically as it applies to the oversight and operation of the diversion, delivery, and storage projects that it has built throughout the western United States for irrigation, water supply, and attendant hydroelectric power generation. Currently the Bureau of Reclamation is the largest wholesaler of water in the country, bringing water to more than 31 million people, and providing one in five Western farmers with irrigation water for 10 million acres of farmland, which produce 60% of the nation's vegetables and 25% of its fruits and nuts. The Bureau of Reclamation is also the second largest producer of hydroelectric power in the western United States. On June 17, 1902, in accordance with the Reclamation Act, Secretary of the Interior Ethan Allen Hitchcock established the U.S. Reclamation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Congressional Budget Office
The Congressional Budget Office (CBO) is a federal agency within the legislative branch of the United States government that provides budget and economic information to Congress. Inspired by California's Legislative Analyst's Office that manages the state budget in a strictly nonpartisan fashion, the CBO was created as a nonpartisan agency by the Congressional Budget and Impoundment Control Act of 1974. Whereas politicians on both sides of the aisle have criticized the CBO when its estimates have been politically inconvenient, economists and other academics overwhelmingly reject that the CBO is partisan or that it fails to produce credible forecasts. There is a consensus among economists that "adjusting for legal restrictions on what the CBO can assume about future legislation and events, the CBO has historically issued credible forecasts of the effects of both Democratic and Republican legislative proposals." History The Congressional Budget Office was created by Title II of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Senate Committee On Energy And Natural Resources
The United States Senate Committee on Energy and Natural Resources is a standing committee of the United States Senate. It has jurisdiction over matters related to energy and mineral resources, including nuclear development; irrigation and reclamation, territorial possessions of the United States, trust lands appertaining to America's indigenous peoples, and the conservation, use, and disposition of federal lands. Its roots go back to the Committee on Interior and Insulars Affairs. In 1977, it became the Committee on Energy and Natural Resources, and most matters regarding Native Americans, Alaska Natives, and Native Hawaiians were removed from its jurisdiction and transferred to the Committee on Indian Affairs. History The Committee on Public Lands was created in 1816 during the 14th Congress chaired by senator Jeremiah Morrow. In its early years, it managed the settlement of the recently purchased Missouri Territory. Over time, the committee oversaw the western expansion of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Credit
A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. It may also be a credit granted in recognition of taxes already paid or a form of state "discount" applied in certain cases. Another way to think of a tax credit is as a rebate. Refundable vs. non-refundable A refundable tax credit is one which, if the credit exceeds the taxes due, the government pays back to the taxpayer the difference. In other words, it makes possible a negative tax liability. For example, if a taxpayer has an initial tax liability of $100 and applies a $300 tax credit, then the taxpayer ends with a liability of –$200 and the government refunds to the taxpayer that $200. With a non-refundable tax credit, if the credit exceeds the taxes due then the taxpayer pays nothing but does not receive the difference. In this case, the taxpayer from the example would end with a tax liability of $0 (i.e. they could mak ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Exemption
Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items. Examples include exemption of charitable organizations from property taxes and income taxes, veterans, and certain cross-border or multi-jurisdictional scenarios. Tax exemption generally refers to a statutory exception to a general rule rather than the mere absence of taxation in particular circumstances, otherwise known as an exclusion. Tax exemption also refers to removal from taxation of a particular item rather than a deduction. International duty free shopping may be termed "tax-free shopping". In tax-free shopping, the goods are permanently taken outside the jurisdiction, thus paying taxes is not necessary. Tax-free shopping is also found in ships, airplanes and other vessels traveling ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Refinancing
Refinancing is the replacement of an existing debt obligation with another debt obligation under a different term and interest rate. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as inherent risk, projected risk, political stability of a nation, currency stability, banking regulations, borrower's credit worthiness, and credit rating of a nation. In many industrialized nations, common forms of refinancing include primary residence mortgages and car loans. If the replacement of debt occurs under financial distress, refinancing might be referred to as debt restructuring. A loan (debt) might be refinanced for various reasons: #To take advantage of a better interest rate (a reduced monthly payment or a reduced term) #To consolidate other debt into one loan (a potentially longer/shorter term contingent on interest rate differential and fees) #To reduce the monthly repayment amount (often for a longer ter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utility Ratemaking
Utility ratemaking is the formal regulatory process in the United States by which public utilities set the prices (more commonly known as "rates") they will charge consumers. Ratemaking, typically carried out through "rate cases" before a public utilities commission, serves as one of the primary instruments of government regulation of public utilities. Overview Historically, many different classes of business have been classified as public utilities, and thus have been legally mandated to go through the ratemaking process in order to determine the allowable service charges for their industry. Although the classification of public utilities has changed over time, typically such businesses must constitute a ''de facto'' monopoly (or "natural monopoly") for the services they provide within a particular jurisdiction. Prominent public utilities that must utilize ratemaking to set rates include railroads, natural gas distribution, telecommunications, and electricity generation and dis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colorado River Storage Project
The Colorado River Storage Project is a United States Bureau of Reclamation project designed to oversee the development of the upper Colorado River basin. The project provides hydroelectric power, flood control and water storage for participating states along the upper portion of the Colorado River and its major tributaries. Since its inception in 1956, the project has grown to include the participation of several related water management projects throughout the river's basin. The project's original scope, and primary focus, are the upper Colorado River itself, the Green River, the San Juan River, and the Gunnison River. Participating states are Arizona, Utah, New Mexico, Colorado and Wyoming. History Attempts at managing the water supply in the upper Colorado River basin were first recorded in 1854 at Fort Supply in Wyoming, when water was diverted from Blacks Fork to irrigate local lands. Subsequent diversions of the waters in the Colorado basin led to preliminary investig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Power Transmission
Electric power transmission is the bulk movement of electrical energy from a generating site, such as a power plant, to an electrical substation. The interconnected lines that facilitate this movement form a ''transmission network''. This is distinct from the local wiring between high-voltage substations and customers, which is typically referred to as electric power distribution. The combined transmission and distribution network is part of electricity delivery, known as the electrical grid. Efficient long-distance transmission of electric power requires high voltages. This reduces the losses produced by strong currents. Transmission lines use either alternating current (HVAC) or direct current (HVDC). The voltage level is changed with transformers. The voltage is stepped up for transmission, then reduced for local distribution. A wide area synchronous grid, known as an "interconnection" in North America, directly connects generators delivering AC power with the same rela ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electrical Substation
A substation is a part of an electrical generation, transmission, and distribution system. Substations transform voltage from high to low, or the reverse, or perform any of several other important functions. Between the generating station and consumer, electric power may flow through several substations at different voltage levels. A substation may include transformers to change voltage levels between high transmission voltages and lower distribution voltages, or at the interconnection of two different transmission voltages. They are a common component of the infrastructure, for instance there are 55,000 substations in the United States. Substations may be owned and operated by an electrical utility, or may be owned by a large industrial or commercial customer. Generally substations are unattended, relying on SCADA for remote supervision and control. The word ''substation'' comes from the days before the distribution system became a grid. As central generation stations became ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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