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Zero-Emission Nuclear Power Production Credit Act of 2021

USA117th CongressS-2291| Senate 
| Updated: 6/24/2021
Benjamin L. Cardin

Benjamin L. Cardin

Democratic Senator

Maryland

Cosponsors (8)
Jon Ossoff (Democratic)Richard J. Durbin (Democratic)Thomas R. Carper (Democratic)Angus S. King (Independent)Robert P. Casey (Democratic)Sheldon Whitehouse (Democratic)Joe Manchin (Independent)Cory A. Booker (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Jun 21, 2021

Latest Companion Bill Action

HR 117-4024
Introduced in House
Jun 24, 2021
Introduced in Senate
Jun 24, 2021
Read twice and referred to the Committee on Finance.
  • June 21, 2021

    Latest Companion Bill Action

    HR 117-4024
    Introduced in House


  • June 24, 2021
    Introduced in Senate


  • June 24, 2021
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 117-5376: Inflation Reduction Act of 2022
  • HR 117-4024: Zero-Emission Nuclear Power Production Credit Act of 2021

Zero-Emission Nuclear Power Production Credit Act of 2021

USA117th CongressS-2291| Senate 
| Updated: 6/24/2021
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 21, 2021

Latest Companion Bill Action

HR 117-4024
Introduced in House
Jun 24, 2021
Introduced in Senate
Jun 24, 2021
Read twice and referred to the Committee on Finance.
  • June 21, 2021

    Latest Companion Bill Action

    HR 117-4024
    Introduced in House


  • June 24, 2021
    Introduced in Senate


  • June 24, 2021
    Read twice and referred to the Committee on Finance.
Benjamin L. Cardin

Benjamin L. Cardin

Democratic Senator

Maryland

Cosponsors (8)
Jon Ossoff (Democratic)Richard J. Durbin (Democratic)Thomas R. Carper (Democratic)Angus S. King (Independent)Robert P. Casey (Democratic)Sheldon Whitehouse (Democratic)Joe Manchin (Independent)Cory A. Booker (Democratic)

Finance Committee

Taxation

Related Bills

  • HR 117-5376: Inflation Reduction Act of 2022
  • HR 117-4024: Zero-Emission Nuclear Power Production Credit Act of 2021
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted