US HB1551 | 2017-2018 | 115th Congress

Status

Completed Legislative Action
Sponsorship: Slight Partisan Bill (Republican 24-8-1)
Status: Passed on October 11 2018 - 100% progression
Action: 2018-10-11 - Became Public Law No: 115-264.
Text: Latest bill text (Enrolled) [PDF]

Summary

Orrin G. Hatch Music Modernization Act (Sec. 1) This bill amends the Internal Revenue Code, with respect to the tax credit for the production of electricity from advanced nuclear power facilities, to: (1) establish requirements for the allocation of unutilized portions of the national megawatt capacity limitation, and (2) allow public entities to transfer the credit to project partners. If a portion of the 6,000 national megawatt capacity limitation for the credit is unutilized after December 31, 2020, the Internal Revenue Service must allocate the unutilized capacity: (1) first to facilities that were placed in service on or before December 31, 2020, and did not receive an allocation equal to their full nameplate capacity, and (2) then to facilities placed in service after December 31, 2020, in the order in which the facilities are placed in service. The placed-in-service sunset date of January 1, 2021, does not apply to the allocations of unutilized national megawatt capacity. Qualified public entities may transfer the credit to an eligible project partner. A "qualified public entity" is: (1) a federal, state, or local government or any political subdivision, agency, or instrumentality thereof; (2) a mutual or cooperative electric company; or (3) a not-for-profit electric utility which has or had received a loan or loan guarantee under the Rural Electrification Act of 1936. An "eligible project partner" includes any person who: (1) is responsible for, or is participating in, the design or construction of the facility; (2) participates in the provision of nuclear steam or nuclear fuel to the facility; or (3) has an ownership interest in the facility.

Tracking Information

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Title

Orrin G. Hatch Music Modernization Act

Sponsors


Roll Calls

Senate - On Passage of the Bill H.R. 1 (Y: 51 N: 49 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2018-10-11SenateBecame Public Law No: 115-264.
2018-10-11SenateSigned by President.
2018-10-04SenatePresented to President.
2018-09-28SenateCorrect Enrollment
2018-09-25SenateMotion to reconsider laid on the table Agreed to without objection.
2018-09-25SenateOn motion that the House agree to the Senate amendment Agreed to without objection. (text as House agreed to Senate amendment: CR H8822-8837)
2018-09-25SenateMr. Collins (GA) asked unanimous consent to take from the Speaker's Table and agree to the Senate amendment. (consideration: CR H8822-8838)
2018-09-20SenateMessage on Senate action sent to the House.
2018-09-18SenatePassed Senate with an amendment by Voice Vote.
2018-09-18SenateS.Amdt.4022 Amendment SA 4022 agreed to in Senate by Unanimous Consent.
2018-09-18SenateS.Amdt.4021 Amendment SA 4021 agreed to in Senate by Unanimous Consent.
2018-09-18SenateS.Amdt.4021 Amendment SA 4021 proposed by Senator Hatch for Senator Alexander to Amendment SA 4022. (consideration: CR S6259) To amend the short title.
2018-09-18SenateS.Amdt.4022 Amendment SA 4022 proposed by Senator Hatch. (consideration: CR S6259) In the nature of a substitute.
2018-09-18SenateMeasure laid before Senate by unanimous consent. (consideration: CR S6259)
2018-02-06SenateRead the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 300.
2018-02-05SenateRead the first time. Placed on Senate Legislative Calendar under Read the First Time.
2017-06-21SenateReceived in the Senate.
2017-06-20HouseMotion to reconsider laid on the table Agreed to without objection.
2017-06-20HouseOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4958)
2017-06-20HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 1551.
2017-06-20HouseConsidered under suspension of the rules. (consideration: CR H4958-4963)
2017-06-20HouseMr. Rice (SC) moved to suspend the rules and pass the bill, as amended.
2017-06-20HousePlaced on the Union Calendar, Calendar No. 124.
2017-06-20HouseReported (Amended) by the Committee on Ways and Means. H. Rept. 115-183.
2017-06-15HouseOrdered to be Reported by Voice Vote.
2017-06-15HouseCommittee Consideration and Mark-up Session Held.
2017-03-15HouseReferred to the House Committee on Ways and Means.
2017-03-15HouseIntroduced in House

Same As/Similar To

SB666 (Same As) 2017-03-15 - Read twice and referred to the Committee on Finance.
HB1 (Related) 2017-12-22 - Became Public Law No: 115-97. (TXT | PDF)
HR619 (Similar To) 2017-11-15 - Motion to reconsider laid on the table Agreed to without objection.
SB2256 (Related) 2017-12-20 - Read twice and referred to the Committee on Finance.
SB2823 (Related) 2018-09-17 - By Senator Grassley from Committee on the Judiciary filed written report. Report No. 115-339.
HB1881 (Related) 2017-04-17 - Referred to the Subcommittee on Human Resources.
HB4706 (Related) 2017-12-21 - Referred to the House Committee on the Judiciary.
HB5447 (Related) 2018-04-26 - Received in the Senate.
SB2334 (Related) 2018-05-15 - Committee on the Judiciary. Hearings held.
SB2625 (Related) 2018-05-15 - Committee on the Judiciary. Hearings held.
SCR48 (Related) 2018-09-25 - Motion to reconsider laid on the table Agreed to without objection.

Subjects


US Congress State Sources


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