H.R. 1551: Modify tax credits for advanced nuclear power facilities

Author's Summary: "To amend the Internal Revenue Code of 1986 to modify the credit for production from advanced nuclear power facilities."

Library of Congress's Summary: "This bill amends the Internal Revenue Code, with respect to the tax credit for the production of electricity from advanced nuclear power facilities, to: (1) establish requirements for the allocation of unutilized portions of the national megawatt capacity limitation, and (2) allow public entities to transfer the credit to project partners."


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