HR 4024 117th Congress House Taxation

Zero-Emission Nuclear Power Production Credit Act of 2021

Introduced: June 21, 2021 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jun 21, 2021

Referred to the House Committee on Ways and Means.

Jun 21, 2021

Introduced in House

Plain-English summary Congressional Research Service

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.

What's happening now June 21, 2021

Referred to the House Committee on Ways and Means.

Committees of jurisdiction 1