National Dam and Hydropower Safety Improvements Act of 2024

This bill requires dam operators to meet federal safety standards and maintain dams in a way that ensures public safety, directly affecting all entities holding licenses for dams under the Federal Power Act. It mandates that new or renewed licenses can only be issued if dams comply with safety requirements or include a plan to fix deficiencies. The Federal Energy Regulatory Commission (FERC) must also assess applicants' financial ability to meet safety standards and establish procedures for sharing dam safety information with states after inspections or license revocations. These changes aim to strengthen oversight of dam safety through clearer standards, license conditions, and communication between FERC and state authorities.