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I
118TH CONGRESS
1ST SESSION H. R. 2488
To amend the Internal Revenue Code of 1986 to make advanced nuclear
facilities eligible for the qualifying advanced energy project credit.
IN THE HOUSE OF REPRESENTATIVES
APRIL 6, 2023
Mr. DONALDS introduced the following bill; which was referred to the
Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to make
advanced nuclear facilities eligible for the qualifying ad-
vanced energy project credit.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. ADVANCED NUCLEAR FACILITIES MADE ELIGI-
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BLE FOR QUALIFYING ADVANCED ENERGY
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PROJECT CREDIT.
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(a) IN GENERAL.—Section 48C(c)(1)(A) of the Inter-
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nal Revenue Code of 1986 is amended by striking ‘‘or’’
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at the end of clause (ii), by striking the period at the end
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of clause (iii) and inserting ‘‘, or’’, and by adding at the
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end the following new clause:
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•HR 2488 IH
‘‘(iv) which consists of an advanced
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nuclear facility (as defined in section
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45J(d)(2)).’’.
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(b) CLARIFICATION OF CONTINUATION OF AUTHOR-
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ITY TO TREAT OTHER NUCLEAR FACILITIES AS QUALI-
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FYING.—Section 48C(c)(1)(A)(i)(VII) of such Code is
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amended by inserting ‘‘, including nuclear energy tech-
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nology,’’ after ‘‘greenhouse gas emissions’’.
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(c)
CONFORMING
AMENDMENT.—Section
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48C(c)(2)(A) of such Code is amended by striking ‘‘or’’
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at the end of clause (ii), by inserting ‘‘or’’ at the end of
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clause (iii), and by inserting after clause (iii) the following
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new clause:
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‘‘(iv) a facility described in clause (iv)
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of such paragraph,’’.
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(d) EFFECTIVE DATE.—The amendments made by
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this section shall apply to taxable years ending after the
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date of the enactment of this Act.
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