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Panel backs resolution urging Congress to preserve nuclear tax credits cited as key to plant restarts and new builds
Summary
House Concurrent Resolution 102 urges preservation of federal tax credits in sections 45U, 45Y and 48E of the Internal Revenue Code to support existing nuclear plants and investment in next‑generation reactors; industry witnesses said the credits have already enabled restarts and could attract private investment.
Senator Parker laid out House Concurrent Resolution 102, which expresses the Texas Legislature’s support for federal tax credits that backstop existing nuclear plants and encourage new nuclear investment. The resolution cites Internal Revenue Code sections 45U, 45Y and 48E and directs the Texas secretary of state to transmit copies to federal leaders.
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