Nuclear Energy Supply Chain Investment Fund; create to provide grants to support nuclear power-related companies.

HB 697 creates a state fund to provide grants supporting Mississippi's nuclear energy sector. The Mississippi Development Authority (MDA) will administer the fund, awarding grants to companies for projects like manufacturing nuclear components, building reactors, or developing nuclear technology, with criteria focused on job creation, capital investment, and wages. Grants cover eligible expenses such as property improvements and construction, paid as reimbursements after costs are incurred. The MDA must also help companies access applicable state tax credits and report annually on funded projects.