S.666: A bill to amend the Internal Revenue Code of 1986 to modify the credit for production from advanced nuclear power facilities.

About This Bill

  • Introduced March 15, 2017
  • Latest Major Action March 15, 2017

Bill Sponsor

Bill Cosponsors

3 (1 Democrat, 2 Republicans)

Bill Version

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)

Bill Actions

Date Description
March 15, 2017
Read twice and referred to the Committee on Finance.
March 15, 2017

Introduced in the Senate by Tim Scott (R-S.C.)

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