US·Bill·117th Congress

HR 4024

Died in committee

Zero-Emission Nuclear Power Production Credit Act of 2021

Introduced 2021-06-21Last action 2021-06-21 — Referred to the House Committee on Ways and Means.Committee House Committee on Ways and Means
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Died in committee
The 117th Congress ended on 2023-01-03. This bill was in committee when the session adjourned and did not advance to enactment.

Legislative Progress

✓
Introduced
✗
In Committee
3
Passed Chamber
4
Enacted / Signed

Action History

Referred to the House Committee on Ways and Means.
2021-06-21 · House floor actions
Introduced in House
2021-06-21 · Library of Congress

Summary

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.

Full Bill Text
https://www.congress.gov/bill/117th-congress/hr/4024
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