House Bill 5732
115th Congress(2017-2018)
Nuclear Powers America Act of 2018
Introduced
Introduced in House on May 9, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5732
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
Nuclear Powers America Act of 2018
This bill amends the Internal Revenue Code to allow a tax credit for investments in qualified nuclear energy property placed in service before January 1, 2024. The credit applies to any amounts paid or incurred for refueling or other specified expenditures for a nuclear power plant for which an application for license renewal was or will be submitted to the Nuclear Regulatory Commission before January 1, 2024.
May 9, 2018
05/09/2018
Referred to the House Committee on Ways and Means.
05/09/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:39:34 PM