HR 7086 · 110th Congress · Energy

Pathway to Nuclear Power Act

Introduced 2008-09-25· Sponsored by Rep. Barrett, J. Gresham [R-SC-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Energy and Air Quality.(2008-09-25)

Plain Language Summary

[AI summary unavailable — showing source text] Pathway to Nuclear Power Act - Amends the Energy Policy Act of 2005 to: (1) revise terms and conditions governing federal loan guarantees for innovative technology projects; (2) modify the contract authority of the Secretary of Energy; (3) convert the Nuclear Energy Research Initiative into the Nuclear Power 2010 Program; and (4) instruct the Secretary of Labor to promulgate regulations to implement workforce training programs for the nuclear industries. Creates an interagency working group to make recommendations to coordinate federal actions and programs to promote domestic manufacture and export of nuclear energy products and services. Amends the Internal Revenue Code to prescribe: (1) a qualifying nuclear power manufacturing credit; (2) a nuclear power facility construction credit; (3) a five-year accelerated depreciation for new nuclear power facilities; and (4) a special rule for the allocation of credit among public-private partnerships that own an advanced nuclear power facility. Amends the Atomic Energy Act of 1954 revise administrative procedures for licensing new nuclear power plants. Establishes a Joint Committee on Nuclear Energy to make recommendations to promote dome…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (3)

3 Republicans