H.R. 8482

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8482 Introduced in House (IH)]

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119th CONGRESS
2d Session
H. R. 8482

To amend the Internal Revenue Code of 1986 to modify certain investment 
credit rules with respect to nuclear facilities.

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IN THE HOUSE OF REPRESENTATIVES

April 23, 2026

Mr. Harrigan (for himself, Mr. Panetta, Mr. Murphy, Mr. Suozzi, and Mr. 
Haridopolos) introduced the following bill; which was referred to the 
Committee on Ways and Means

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A BILL

To amend the Internal Revenue Code of 1986 to modify certain investment 
credit rules with respect to nuclear facilities.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. MODIFICATION OF CERTAIN INVESTMENT CREDIT RULES WITH RESPECT 
TO NUCLEAR FACILITIES.

(a) Election To Remove Public Utility Property Limitation Allowed 
for Nuclear Facilities.--
(1) In general.--Section 50(d)(2) of the Internal Revenue 
Code of 1986 is amended in the matter preceding subparagraph 
(A), by inserting ``to any qualified facility (as defined in 
section 48E(b)(3)(A)) which uses nuclear energy to produce 
electricity or'' before ``to any energy storage technology''.
(2) Conforming amendment.--Section 50(d)(2)(B) of such Code 
is amended by inserting ``qualified facility or'' before 
``energy storage technology'' each place it appears.
(b) Removal of Progress Expenditures Limitation for Nuclear 
Facilities.--Section 6418(g)(4) of such Code is amended by adding at 
the end the following: ``The preceding sentence shall not apply with 
respect to any eligible credit to the extent such credit is determined 
with respect to any qualified facility (as defined in section 
48E(b)(3)(A)) which uses nuclear energy to produce electricity.''.
(c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2026.
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