New Jersey S640 establishes tax credits for advanced nuclear energy facilities and a financial grant for the first operating facility.
New Jersey S640 establishes two tax credits and a financial grant related to advanced nuclear energy facilities. The bill allows manufacturers of equipment and components for advanced nuclear facilities to claim a corporation business tax credit. It also establishes the New Jersey Advanced Nuclear Energy Development Program to provide incentive tax credits to developers of advanced nuclear energy facilities.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.