HR1551: To amend the Internal Revenue Code of 1986 to modify the credit for production from advanced nuclear power facilities.

By | November 30, 2017
Logo of the Internal Revenue Service (IRS)

Logo of the Internal Revenue Service (IRS).

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.

Official Summary

Passed House
2017-06-20
Passed Senate
Signed by President
Became Public Law

Amendments

Amended in committee.

Sponsors

Original sponsor: Rep. Rice, Tom [R-SC-7]

Votes

Passed House by voice vote.

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