To extend the Federal Energy Regulatory Commission License No. 2761 for construction of the South Fork American River Project, El Dorado County, California.

Directs the Federal Energy Regulatory Commission, upon the request of certain licensees, to extend the time required for the commencement and completion of the South Fork American River Project, El Dorado County, California, and for real property acquisition related to such project. (This is a multipurpose water project, including hydroelectric power generation.)