S.Amdt. 3480

SA 3480. Mr. ISAKSON submitted an amendment intended to be proposed
by him to the bill H.R. 636, to amend the Internal Revenue Code of 1986
to permanently extend increased expensing limitations, and for other
purposes; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. ___. EXTENSION OF CREDIT FOR PRODUCTION FROM ADVANCED
NUCLEAR POWER FACILITIES.

(a) In General.--Subparagraph (B) of section 45J(d)(1) of
the Internal Revenue Code of 1986 is amended by striking
``January 1, 2021'' and inserting ``January 1, 2026''.
(b) Effective Date.--The amendment made by this section
shall apply to property placed in service after December 31,
2020.
______