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S. 1134: Nuclear Powers America Act of 2019

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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Apr 10, 2019.

Nuclear Powers America Act of 2019

This bill allows a tax credit for investments in qualified nuclear energy property placed in service before January 1, 2026. The credit applies to any amounts paid or incurred for refueling or other specified expenditures for a nuclear power plant for which an application for license renewal was or will be submitted to the Nuclear Regulatory Commission before January 1, 2026.