HR2488-118

Introduced

To amend the Internal Revenue Code of 1986 to make advanced nuclear facilities eligible for the qualifying advanced energy project credit.

118th Congress Introduced Apr 6, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill requires advanced nuclear facilities made eligible for qualifying advanced energy project credit Section 48C(c)(1)(A) of the Internal Revenue Code of 1986 is amended by striking or at the end of clause (ii), by striking. It relies on definition changes, tax rate changes, and compliance mandates. The main policy areas are Energy Production, Energy, Environment, and Science & Space.

Who Benefits and How

The main beneficiaries are the people, organizations, or agencies identified in the bill's substantive provisions.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Researchers and scientific institutions affected by the bill would take on compliance duties, and Environmental and public health interests affected by the bill would take on compliance duties.

Key Provisions

  • Requires advanced nuclear facilities made eligible for qualifying advanced energy project credit Section 48C(c)(1)(A) of the Internal Revenue Code of 1986 is amended by striking or at the end of clause (ii), by striking...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill requires advanced nuclear facilities made eligible for qualifying advanced energy project credit Section 48C(c)(1)(A) of the Internal Revenue Code of 1986 is amended by striking or at the end of clause (ii), by striking.

Key Policy Areas

Energy Production, Energy, Environment, Science & Space

Primary Purpose

The bill requires advanced nuclear facilities made eligible for qualifying advanced energy project credit Section 48C(c)(1)(A) of the Internal Revenue Code of 1986 is amended by striking or at the end of clause (ii), by striking.

Policy Domains

Energy Production Energy Environment Science & Space

Whole bill

Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Researchers and scientific institutions affected by the bill
  • Environmental and public health interests affected by the bill
  • Energy producers and energy supply-chain firms affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Researchers and scientific institutions affected by the bill:
Environmental and public health interests affected by the bill:
Energy producers and energy supply-chain firms affected by the bill:
Federal, state, or local agencies responsible for implementing the clause:

Legislative Progress

Introduced
Introduced Committee Passed
Apr 6, 2023

Mr. Donalds introduced the following bill; which was referred to …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Energy Production Energy Environment Science & Space

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology