WGA supports bipartisan legislation allocating unutilized advanced nuclear production tax credits

CATEGORY:
Energy

The Western Governors’ Association expressed support for two bipartisan nuclear energy bills that promote advanced nuclear power facilities by authorizing the allocation of unutilized advanced nuclear production tax credits in a letter to leadership of the Senate Finance Committee.

The legislation recognizes the continued importance of western nuclear resources and nuclear power generation facilities, and is designed to accelerate the introduction of small modular reactors into the marketplace, consistent with the Western Governors’ 10-Year Energy Vision.

The letter, sent to Senator Orrin Hatch and Senator Ron Wyden on October 12, 2017, referred to S. 666, a bill to amend the Internal Revenue Code of 1986 to modify the credit for production from advanced nuclear power facilities, and its companion bill, H.R. 1551, recently passed by the House of Representatives.  Read, download the Letter.


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