Sponsor:
Cosponsors:
- Sen. Lindsey Graham (R-S.C.)
- Sen. Johnny Isakson (R-Ga.)
- Sen. Cory Booker (D-N.J.)
Introduced:
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