1. Short title This Act may be cited as the Energy Opportunity Zones Act of 2018 . 2. Opportunity zones (a) In general Chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following: Z Energy opportunity Zones 1400Z–1. Energy opportunity zones (a) Production tax credit In the case of a qualified facility located within an energy opportunity zone, section 45 shall be administered as if— (1) subsection (b)(5) did not apply, (2) 2050 were substituted for 2020 in subsection (d)(1), (3) 2050 were substituted for 2017 each place such term appears in subsection (d)(2)(A), (4) 2050 were substituted for 2017 each place such term appears in subsection (d)(3)(A)(i), (5) 2050 were substituted for 2017 in subsection (d)(4)(B), (6) 2050 were substituted for 2017 in paragraphs (6) and (7) of subsection (d), (7) 2050 were substituted for 2017 each place such term appears in subsection (d)(9), and (8) 2050 were substituted for 2017 in subsection (d)(11)(B). (b) Investment tax credit In the case of energy property placed in service within an energy opportunity zone, section 48 shall be administered as if— (1) 2050 were substituted for 2022 in subsection (a)(2)(A)(i)(II), (2) 2050 were substituted for 2017 in clauses (ii) and (vii) of subsection (a)(3)(A), (3) 2050 were substituted for 2017 and 2050 were substituted for 2020 in subsection (a)(5)(C)(ii), (4) paragraphs (5)(E) and (6) of subsection (a) did not apply, (5) paragraphs (1)(D) and (2)(D) of subsection (c) did not apply, (6) 2050 were substituted for 2017 in subsection (c)(3)(A)(iv), and (7) subsection (c)(4)(C) did not apply. (c) Energy opportunity zone defined For the purposes of this section, the term energy opportunity zone means a municipality or county that has within its boundaries a nuclear power plant that ceased operation during the 10-year period beginning on January 1, 2018. . (b) Clerical amendment The table of subchapters for chapter 1 of such Code is amended by adding at the end the following new item: Subchapter Z. Energy