164 
ligation for a facility that is the subject of the guar-
antee, or a lesser amount if requested by the bor-
rower. 
‘‘(2) LIMITATION.—The total amount of loans 
guaranteed for a facility by the Secretary shall not 
exceed 80 percent of the total cost of the facility, as 
estimated at the time at which the guarantee is 
issued.’’. 
(d) FEES.—Section 1702(h) of the Energy Policy Act 
of 2005 (42 U.S.C. 16512(h)) is amended by striking 
paragraph (2) and inserting the following: 
‘‘(2) AVAILABILITY.—Fees collected under this 
subsection shall— 
‘‘(A) be deposited by the Secretary into a 
special fund in the Treasury to be known as the 
‘Incentives For Innovative Technologies Fund’; 
and 
‘‘(B) remain available to the Secretary for 
expenditure, without further appropriation or 
fiscal year limitation, for administrative ex-
penses incurred in carrying out this title.’’. 
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165 
SEC. 182. AUTHORIZATION FOR NUCLEAR POWER 2010 PRO-
GRAM. 
Section 952(c) of the Energy Policy Act of 2005 (42 
U.S.C. 16014) is amended by striking paragraphs (1) and 
(2) and inserting the following: 
‘‘(1) IN GENERAL.—The Secretary shall carry 
out a Nuclear Power 2010 Program to position the 
nation to start construction of new nuclear power 
plants by 2010 or as close to 2010 as achievable. 
‘‘(2) SCOPE OF PROGRAM.—The Nuclear Power 
2010 Program shall be cost-shared with the private 
sector and shall support the following objectives: 
‘‘(A) Demonstrating the licensing process 
for new nuclear power plants, including the Nu-
clear Regulatory Commission process for ob-
taining early site permits (ESPs), combined 
construction/operating licenses (COLs), and de-
sign certifications. 
‘‘(B) Conducting first-of-a-kind design and 
engineering work on at least two advanced nu-
clear reactor designs sufficient to bring those 
designs to a state of design completion suffi-
cient to allow development of firm cost esti-
mates. 
‘‘(3) AUTHORIZATION
OF
APPROPRIATIONS.— 
There are authorized to be appropriated to the Sec-
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166 
retary to carry out the Nuclear Power 2010 Pro-
gram: 
‘‘(A) $182,800,000 for fiscal year 2008. 
‘‘(B) $159,600,000 for fiscal year 2009. 
‘‘(C) $135,600,000 for fiscal year 2010. 
‘‘(D) $46,900,000 for fiscal year 2011. 
‘‘(E) $2,200,000 for fiscal year 2012.’’. 
SEC. 183. DOMESTIC MANUFACTURING BASE FOR NUCLEAR 
COMPONENTS AND EQUIPMENT. 
(a) ESTABLISHMENT
OF INTERAGENCY WORKING 
GROUP.— 
(1) PURPOSES.—The purposes of this sub-
section are— 
(A) to increase the competitiveness of the 
United States nuclear energy products and 
services industries; 
(B) to identify the stimulus or incentives 
necessary to cause United States manufacturers 
of nuclear energy products to expand manufac-
turing capacity; 
(C) to facilitate the export of United 
States nuclear energy products and services; 
(D) to reduce the trade deficit of the 
United States through the export of United 
States nuclear energy products and services; 
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(E) to retain and create nuclear energy 
manufacturing and related service jobs in the 
United States; 
(F) to integrate the objectives in subpara-
graphs (A) through (E) in a manner consistent 
with the interests of the United States, into the 
foreign policy of the United States; and 
(G) to authorize funds for increasing 
United States capacity to manufacture nuclear 
energy products and supply nuclear energy 
services. 
(2) ESTABLISHMENT.— 
(A) There shall be established an inter-
agency working group that, in consultation with 
representative industry organizations and man-
ufacturers of nuclear energy products, shall 
make recommendations to coordinate the ac-
tions and programs of the Federal Government 
in order to promote increasing domestic manu-
facturing capacity and export of domestic nu-
clear energy products and services. 
(B) The Interagency Working Group shall 
be composed of— 
(i) the Secretary of Energy, or the 
Secretary’s designee, who shall chair the 
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168 
interagency working group and shall pro-
vide staff for carrying out the functions of 
the interagency working group; 
(ii) representatives of— 
(I) the Department of Energy; 
(II) the Department of Com-
merce; 
(III) the Department of Defense; 
(IV) the Department of the 
Treasury; 
(V) the Department of State; 
(VI) the Environmental Protec-
tion Agency; 
(VII) the United States Agency 
for International Development; 
(VIII) the Export-Import Bank 
of the United States; 
(IX) the Trade and Development 
Agency; 
(X) the Small Business Adminis-
tration; 
(XI) the Office of the United 
States Trade Representative; and 
(XII) other Federal agencies, as 
determined by the President. 
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169 
(C) The heads of appropriate agencies 
shall detail such personnel and furnish such 
services to the interagency group, with or with-
out reimbursement, as may be necessary to 
carry out the group’s functions. 
(3) DUTIES OF THE INTERAGENCY WORKING 
GROUP.— 
(A) Not later than 6 months after the date 
of enactment of this Act, the interagency work-
ing group established under paragraph (2)(A) 
shall identify the actions necessary to promote 
the safe development and application in foreign 
countries of nuclear energy products and serv-
ices in order to— 
(i) increase electricity generation from 
nuclear energy sources through develop-
ment of new generation facilities; 
(ii) improve the efficiency, safety, and 
reliability of existing nuclear generating fa-
cilities through modifications; and 
(iii) enhance the safe treatment, han-
dling, storage, and disposal of used nuclear 
fuel. 
(B) Not later than 6 months after the date 
of enactment of this Act, the interagency work-
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171 
and meet domestic and international nu-
clear quality assurance code requirements. 
(C) Not later than 9 months after the date 
of enactment of this Act, the interagency work-
ing group shall provide a report to Congress on 
its findings under subparagraphs (A) and (B), 
including recommendations for new legislative 
authority where necessary. 
(4) 
TRADE
ASSISTANCE.—The 
interagency 
working group shall encourage the member agencies 
of the interagency working group to— 
(A) provide technical training and edu-
cation for international development personnel 
and local users in their own country; 
(B) provide financial and technical assist-
ance to nonprofit institutions that support the 
marketing and export efforts of domestic com-
panies that provide nuclear energy products and 
services; 
(C) develop nuclear energy projects in for-
eign countries; 
(D) provide technical assistance and train-
ing materials to loan officers of the World 
Bank, international lending institutions, com-
mercial and energy attaches at embassies of the 
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172 
United States and other appropriate personnel 
in order to provide information about nuclear 
energy products and services to foreign govern-
ments or other potential project sponsors; 
(E) support, through financial incentives, 
private sector efforts to commercialize and ex-
port nuclear energy products and services in ac-
cordance with the subsidy codes of the World 
Trade Organization; and 
(F) augment budgets for trade and devel-
opment programs in order to support pre-feasi-
bility or feasibility studies for projects that uti-
lize nuclear energy products and services. 
(5) AUTHORIZATION
OF
APPROPRIATIONS.— 
There are authorized to be appropriated to the Sec-
retary of Energy for purposes of carrying out this 
subtitle $20,000,000 for fiscal years 2008 and 2009. 
(b) CREDIT
FOR QUALIFYING NUCLEAR POWER 
MANUFACTURING.—Subpart E of part IV of subchapter 
A of chapter 1 of the Internal Revenue Code is amended 
by inserting after section 48B the following new section: 
‘‘SEC. 
48C. 
QUALIFYING 
NUCLEAR 
POWER 
MANUFAC-
TURING CREDIT. 
‘‘(a) IN GENERAL.—For purposes of section 46, the 
qualifying nuclear power manufacturing credit for any 
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173 
taxable year is an amount equal to 20 percent of the quali-
fied investment for such taxable year. 
‘‘(b) QUALIFIED INVESTMENT.— 
‘‘(1) IN GENERAL.—For purposes of subsection 
(a), the qualified investment for any taxable year is 
the basis of eligible property placed in service by the 
taxpayer during such taxable year— 
‘‘(A) which is either part of a qualifying 
nuclear power manufacturing project or is 
qualifying nuclear power manufacturing equip-
ment, 
‘‘(B)(i) the construction, reconstruction, or 
erection of which is completed by the taxpayer, 
or 
‘‘(ii) which is acquired by the taxpayer if 
the original use of such property commences 
with the taxpayer, 
‘‘(C) with respect to which depreciation (or 
amortization in lieu of depreciation) is allow-
able, and 
‘‘(D) which is placed in service on or be-
fore December 31, 2015. 
‘‘(2) SPECIAL RULE FOR CERTAIN SUBSIDIZED 
PROPERTY.—Rules similar to section 48(a)(4) shall 
apply for purposes of this section. 
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174 
‘‘(3) CERTAIN QUALIFIED PROGRESS EXPENDI-
TURES RULES MADE APPLICABLE.—Rules similar to 
the rules of subsections (c)(4) and (d) of section 46 
(as in effect on the day before the enactment of the 
Revenue Reconciliation Act of 1990) shall apply for 
purposes of this section. 
‘‘(c) DEFINITIONS.—For purposes of this section— 
‘‘(1) QUALIFYING NUCLEAR POWER MANUFAC-
TURING
PROJECT.—The term ‘qualifying nuclear 
power manufacturing project’ means any project 
which is designed primarily to enable the taxpayer to 
produce or test equipment necessary for the con-
struction or operation of a nuclear power plant. 
‘‘(2) QUALIFYING NUCLEAR POWER MANUFAC-
TURING EQUIPMENT.—The term ‘qualifying nuclear 
power manufacturing equipment’ means machine 
tools and other similar equipment, including com-
puters and other peripheral equipment, acquired or 
constructed primarily to enable the taxpayer to 
produce or test equipment necessary for the con-
struction or operation of a nuclear power plant. 
‘‘(3) PROJECT.—The term ‘project’ includes 
any building constructed to house qualifying nuclear 
power manufacturing equipment.’’. 
(c) CONFORMING AMENDMENTS.— 
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175 
(1) ADDITIONAL
INVESTMENT
CREDIT.—Sec-
tion 46 of such Code is amended— 
(A) by striking ‘‘and’’ at the end of para-
graph (3); 
(B) by striking the period at the end of 
paragraph (4) and inserting ‘‘, and’’; and 
(C) by inserting after paragraph (4) the 
following new paragraph: 
‘‘(5) the qualifying nuclear power manufac-
turing credit.’’. 
(2) APPLICATION
OF
SECTION
49.—Subpara-
graph (C) of section 49(a)(1) of such Code is 
amended by— 
(A) by striking ‘‘and’’ at the end of clause 
(iii); 
(B) by striking the period at the end of 
clause (iv) and inserting ‘‘, and’’; and 
(C) by inserting after clause (iv) the fol-
lowing new clause: 
‘‘(v) the basis of any property which 
is part of a qualifying nuclear power equip-
ment manufacturing project under section 
48C.’’. 
(3) TABLE OF SECTIONS.—The table of sections 
preceding section 46 of such Code is amended by in-
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176 
serting after the item for section 48B the following 
new line: 
‘‘Sec. 48C. Qualifying nuclear power manufacturing credit.’’. 
(d) EFFECTIVE DATE.—The amendments made by 
this section shall apply to property (1) the construction, 
reconstruction, or erection of which of began after the date 
of enactment, or (2) which was acquired by the taxpayer 
on or after the date of enactment and not pursuant to 
a binding contract which was in effect on the day prior 
to the date of enactment. 
SEC. 184. NUCLEAR ENERGY WORKFORCE. 
Section 1101 of the Energy Policy Act of 2005 (42 
U.S.C. 16411) is amended— 
(1) by redesignating subsection (d) as sub-
section (e); and 
(2) by inserting after subsection (c) the fol-
lowing: 
‘‘(d) WORKFORCE TRAINING.— 
‘‘(1) IN GENERAL.—The Secretary of Labor, in 
cooperation with the Secretary of Energy, shall pro-
mulgate regulations to implement a program to pro-
vide workforce training to meet the high demand for 
workers skilled in the nuclear utility and nuclear en-
ergy products and services industries. 
‘‘(2) CONSULTATION.—In carrying out this sub-
section, the Secretary of Labor shall consult with 
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