Zero-emission Nuclear Power Production Credit

Agency: Department of the Treasury

 

Description:

Tax credit for electricity produced at qualified nuclear power facilities.

Bill Section:

13105

US Code:

26 USC 45U

New or Existing:

New

Potential Cost:     

$30,000,000,000

Timeline:     

Through 2032

 

TCS Notes:

Duplicative of other federal subsidy programs.

Elective Payment and Transferability allowed in certain cases.

Other TCS Resources:

Zero Emission Nuclear Tax Credit in the Inflation Reduction Act of 2022

TCS Comments to the IRS on Elective Payment

TCS Comments to the IRS on Transfer of Certain Credits