A bill to amend the Internal Revenue Code of 1986 to provide for an investment tax credit related to the production of electricity from nuclear energy.
Nuclear Powers America Act of 2019
This bill allows a tax credit for investments in qualified nuclear energy property placed in service before January 1, 2026. 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, 2026.
Referred to the House Committee on Ways and Means.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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