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H.R. 4024

Zero-Emission Nuclear Power Production Credit Act of 2021

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.

Referred to the House Committee on Ways and Means.

Rep. Pascrell, Bill, Jr. [D-NJ-9](D-NJ)Sponsor
22 cosponsors16 D6 R
22cosponsors1committees3actions1related bills
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Zero-Emission Nuclear Power Production Credit Act of 2021 — Informed