Tag Archives: Taxation

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

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. Get the Details