H.R. 1551: To amend the Internal Revenue Code of 1986 to modify the credit for production from advanced nuclear power facilities.
Legislation Details
115th Congress
To amend the Internal Revenue Code of 1986 to modify the credit for production from advanced nuclear power facilities.
Sponsor: Rep. Tom Rice — R — SC
This bill amends the Internal Revenue Code, with respect to the tax credit for the production of electricity from advanced nuclear power facilities, to: (1) establish requirements for the allocation of unutilized portions of the national megawatt capacity limitation, and (2) allow public entities to transfer the credit to project partners. If a portion of the 6,000 national megawatt capacity limitation for the credit is unutilized after December 31, 2020, the Internal Revenue Service...
JOIN US!
Sign up below to receive updates when your Members of Congress vote for new spending increases or cuts.
Lost your Password?
Don't be sad- we've got your back. Just enter your email below and instructions on resetting your password will be sent to you.
×