Zero-Emission Nuclear Power Production Credit Act of 2021
- Last Action
- 6/24/2021
Actions
- 2021-06-24Read twice and referred to the Committee on Finance.
- 2021-06-24Introduced in Senate
CRS Summary
As of 2021-06-24 (00)
Zero-Emission Nuclear Power Production Credit Act of 2021
This bill allows a new business-related tax credit through 2031 for the production of electricity from zero-emission nuclear power. It also allows an election for direct payments of such credit and requires a recapture of the credit for contractors who pay their laborers or mechanics less than the prevailing wage rate.
Contractors must ensure that at least 15% of their work force is composed of qualified apprentices.
The bill requires the Government Accountability Office to report on the effectiveness the tax credit.
Cosponsors (8)
- Joseph Manchin (D-WV)
- Thomas Carper (D-DE)
- Sheldon Whitehouse (D-RI)
- Cory Booker (D-NJ)
- Bob Casey (D-PA)
- Jon Ossoff (D-GA)
- Richard Durbin (D-IL)
- Angus King (I-ME)
Sourced from Congress.gov (public domain).
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