This bill requires the Federal Energy Regulatory Commission (FERC), upon request of the City of Saxman, Alaska, to issue a stay of the statutory deadline by which the city must commence construction on the Mahoney Lake Hydroelectric Project located in Ketchikan Gateway Borough, Alaska.
In addition, upon request, FERC must reinstate the construction license and make it effective as of the date the stay is lifted.
Subject to certain conditions, FERC is required to extend for up to six years the statutory deadline by which the city must commence construction on the project.