The House of Representatives quickly passed HR 1551 Tuesday, after its approval out of committee last week.  This bill represents a bipartisan effort to promote nuclear power development in the United States by removing the deadline on the nuclear Production Tax Credit, and allowing tax credits to be transferred in certain cases.  The text

Both Congress and the U.S. Department of Energy (DOE) moved forward last week with significant programs to support the development of nuclear power in the United States. Congress took a critical step towards extending the Production Tax Credit (PTC) for nuclear power, and DOE announced nearly $67 million in new grants for nuclear power research.