Zero-Emission Nuclear Power Production Credit Act of 2021
- Last Action
- 6/21/2021
Actions
- 2021-06-21Referred to the House Committee on Ways and Means.
- 2021-06-21Introduced in House
- 2021-06-21Introduced in House
CRS Summary
As of 2021-06-21 (00)
Zero-Emission Nuclear Power Production Credit Act of 2021
This bill allows a new business-related tax credit through 2030 for the production of electricity from zero-emission nuclear power. It also allows taxpayers to elect direct payments of such credit and requires a recapture of credit amounts for contractors who fail to pay their employees the prevailing wage rate.
The bill requires the Government Accountability Office to report on the effectiveness of the credit in ensuring grid reliability and on ratepayer savings.
Contractors must ensure that at least 15% of their workforce is composed of qualified apprentices unless there is a lack of availability of qualified apprentices in the applicable geographic area.
Cosponsors (20)
- Thomas Suozzi (D-NY)
- John Katko (R-NY)
- DANNY DAVIS (D-IL)
- Anthony Brown (D-MD)
- C. A. Ruppersberger (D-MD)
- Cheri Bustos (D-IL)
- MIKE DOYLE (D-PA)
- Brian Fitzpatrick (R-PA)
- BOBBY RUSH (D-IL)
- Conor Lamb (D-PA)
- Raja Krishnamoorthi (D-IL)
- Josh Gottheimer (D-NJ)
- Donald Norcross (D-NJ)
- Adam Kinzinger (R-IL)
- Andrew Garbarino (R-NY)
- Albio Sires (D-NJ)
- Daniel Meuser (R-PA)
- Jahana Hayes (D-CT)
- Brendan Boyle (D-PA)
- JAMES LANGEVIN (D-RI)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.