Daily Tax Update - June 14, 2017: Nuclear Energy Tax Credit Bill Scheduled for Markup

Nuclear Energy Tax Credit Bill Scheduled for Markup:  H.R. 1551, a bill to extend the placed in service date and make other modifications to the tax credit for production from advanced nuclear power facilities (section 45J), is scheduled for markup before the House Ways and Means Committee on June 15. The Joint Committee on Taxation estimated the bill will cost $16 million over the next 10 years.