H.R.5879: To amend the Internal Revenue Code of 1986 to modify the credit for production from advanced nuclear power facilities.

About This Bill

Bill Sponsor

Bill 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. If a portion of the 6,000 national megawatt capacity limitation for the credit is unutilized after...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.5879.

Bill Actions

Date Description
Dec. 8, 2016
Placed on the Union Calendar, Calendar No. 676.
Dec. 8, 2016
Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-863.
Sept. 21, 2016
Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 9.
Sept. 21, 2016
Committee Consideration and Mark-up Session Held.
July 14, 2016
Referred to the House Committee on Ways and Means.
July 14, 2016

Introduced in the House by Tom Rice (R-S.C.)

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