H.R. 1551

Sponsor:

  • Rep. Tom Rice (R-S.C.)

Cosponsors:

  • Earl Blumenauer (D-Ore.)
  • Jeff Duncan (R-S.C.)
  • Kenny Marchant (R-Texas)
  • David Scott (D-Ga.)
  • Kyrsten Sinema (D-Ariz.)
  • Marc Veasey (D-Texas)
  • Rick Allen (R-Ga.)
  • Hank Johnson (D-Ga.)
  • Joe Wilson (R-S.C.)
  • Mike Rogers (R-Ala.)
  • Bradley Byrne (R-Ala.)
  • Sanford Bishop (D-Ga.)
  • Grace Napolitano (D-Calif.)
  • James Clyburn (D-S.C.)
  • Jody Hice (R-Ga.)
  • Terri Sewell (D-Ala.)
  • Erik Paulsen (R-Minn.)
  • Mark Sanford (R-S.C.)
  • Mike Simpson (R-Idaho)
  • Trey Gowdy (R-S.C.)
  • Drew Ferguson (R-Ga.)
  • David Schweikert (R-Ariz.)
  • James Renacci (R-Ohio)
  • Barry Loudermilk (R-Ga.)
  • Mike Kelly (R-Pa.)
  • Martha Roby (R-Ala.)
  • Buddy Carter (R-Ga.)
  • Don Bacon (R-Neb.)
  • Rob Woodall (R-Ga.)
  • Steven Palazzo (R-Miss.)
  • Tom Graves (R-Ga.)
  • Doug Collins (R-Ga.)

Introduced:

  • 3/15/17

Status:

  • Approved by the House 6/20/17. A variation of the bill signed into law 12/22/17

S. 666

Sponsor:

  • Sen. Tim Scott (R-S.C.)

Cosponsors:

  • Sens. Lindsey Graham (R-S.C.)
  • Johnny Isakson (R-Ga.)
  • Cory Booker (D-N.J.)

Introduced:

  • 3/15/17

Status:

  • A variation of the bill was signed into law 12/22/17

WHAT THEY DO

Modify the 45(j) production tax credit to remove the 2021 deadline for new reactors to be placed in service and allow public-private partnerships more flexibility to utilize the credit.

WHY WE LIKE THEM

It would allow necessary time for the nation’s new nuclear reactors under construction to utilize the credit and to allow transferability of the credit to other partners. It may also boost facilities that would use advanced nuclear technologies, such as small modular reactors being designed by NuScale Power.

 

View the full text of H.R. 1551
View the full text of S. 666

ClearPath Action Press Release