HB 4128: Corporate income tax: credits; credit for advanced small modular reactor generated power; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 678. TIE BAR WITH: HB 4127'25, HB 4129'25, HB 4125'25, HB 4126'25, HB 4124'25
Topics
✓ Budget & TaxesSupports Budget & TaxesCreates corporate income tax credit for SMR power generation, reducing tax liability for qualifying businesses per tax code amendment.
✓ EnergySupports EnergyBill provides tax credit for SMR-generated power, incentivizing investment in advanced nuclear energy infrastructure, aligning with clean energy development goals.
✓ TechnologySupports TechnologyProvides tax credit to incentivize investment in SMR energy technology, directly funding a specific tech sector per bill's financial incentive mechanism.
|
Rep's Stance
✓ Voted Yes
✓ Supports Technology