Procedures upon Congressional authorization of takeover.
18 C.F.R. § 16.17
in effectEffective: 2024-07-01If Congress authorizes the takeover of a hydroelectric power project as provided under section 14 of the Federal Power Act:
(a) The Commission or the Director of the Office of Energy Projects will notify the existing licensee in writing of the authorization at least two years before the takeover occurs; and
(b) The licensee must present any claim for compensation to the Commission:
(1) Within six months of issuance of the notice of takeover; and
(2) As provided in section 14 of the Federal Power Act.
Source: eCFRURL: https://www.ecfr.gov/api/versioner/v1/full/2024-07-01/title-18.xmlFetched: 7/26/2026