H.R. 4614 · 115th Congress

Nuclear Powers America Act of 2017

Stage
In committee
Introduced
2017-12-11
Latest action
2017-12-11 · Introduced in House

Summary

Nuclear Powers America Act of 2017

This bill amends the Internal Revenue Code to allow a tax credit for investments in qualified nuclear energy property placed in service before January 1, 2024. The credit applies to any amounts paid or incurred for refueling or other specified expenditures for a nuclear power plant for which an application for license renewal was or will be submitted to the Nuclear Regulatory Commission before January 1, 2024.