; (ii) by striking the period at the end and inserting ; and ; and (iii) by adding at the end the following: (2) after the end of an extension period granted under paragraph (1), issue an additional permit to the permittee if the Commission determines that there are extraordinary circumstances that warrant the issuance of the additional permit. . (5) Transfers Section 7 of the Federal Power Act ( 16 U.S.C. 800 ) is amended by adding at the end the following: (d) Transfers Notwithstanding section 5, and regardless of whether the holder of a preliminary permit for a closed-loop pumped storage project (as defined under section 6(e)) of the Hydropower Regulatory Efficiency Act of 2013 ( 16 U.S.C. 797 note; Public Law 113–23 )) claimed municipal preference under subsection (a) when obtaining the permit, on request by a municipality, the Commission, to facilitate development of a closed-loop pumped storage project, may— (1) add entities as joint permittees following issuance of a preliminary permit; and (2) transfer a license in part to 1 or more nonmunicipal entities as co-licensees with a municipality. . (6) Time limit for construction of project works Section 13 of the Federal Power Act ( 16 U.S.C. 806 ) is amended in the second sentence by striking once but not longer than two additional years and inserting for not more than 8 additional years, . (7) Operation of navigation facilities Section 18 of the Federal Power Act ( 16 U.S.C. 811 ) is amended by striking the second, third, and fourth sentences. (8) Alternative conditions and prescriptions Section 33 of the Federal Power Act ( 16 U.S.C. 823d ) is amended— (A) in subsection (a)— (i) in paragraph (1), by striking deems and inserting determines ; (ii) in paragraph (2)(B), in the matter preceding clause (i), by inserting determined to be necessary before by the Secretary ; (iii) by striking paragraph (4); and (iv) by striking paragraph (5); (B) in subsection (b)— (i) by striking paragraph (4); and (ii) by striking paragraph (5)