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H.R. 4024

Referred to Committee

Zero-Emission Nuclear Power Production Credit Act of 2021

Introduced 6/21/2021•117th Congress•House

Latest Action

Referred to the House Committee on Ways and Means.

6/21/2021 • House

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.

Introduced in House • 6/21/2021

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Topics & Subjects

Policy Area: Taxation

Congressional Votes (0)

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Related Federal Spending

Sponsor & Cosponsors (23)

Party Breakdown

17
Democrats
6
Republicans
0
Independents

Sponsor

R[
Rep. Pascrell, Bill, Jr. [D-NJ-9]

Democrat • NJ-9

Sponsored 6/21/2021

Cosponsors (22)

R[
Rep. Suozzi, Thomas R. [D-NY-3]

D-NY-3

Joined 6/21/2021

R[
Rep. Katko, John [R-NY-24]

R-NY-24

Joined 6/21/2021

R[
Rep. Davis, Danny K. [D-IL-7]

D-IL-7

Joined 6/21/2021

R[
Rep. Brown, Anthony G. [D-MD-4]

D-MD-4

Joined 6/21/2021

R[
Rep. Bustos, Cheri [D-IL-17]

D-IL-17

Joined 6/21/2021

Bill Journey

Originated in the House

Introduced

June 21, 2021

Referred to the House Committee on Ways and Means.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House6/21/2021

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors22