National Dam and Hydropower Safety Improvements Act of 2021

National Dam and Hydropower Safety Improvements Act of 2021 This bill requires the Federal Energy Regulatory Commission (FERC) to take certain actions related to dam safety. Specifically, FERC may issue a license for a dam and other project works only if the project meets the relevant safety requirements and the licensee can operate and manage the project works in a manner that ensures dam and public safety. A licensee with an already-issued license must also meet these safety requirements. FERC must also establish procedures to assess the financial viability of an applicant for such a license. Finally, the bill requires FERC's Office of Energy Projects to (1) notify a state in certain situations, such as when FERC issues a finding that requires a dam operator in that state to make repairs; and (2) hold a conference with states to discuss dam safety issues.