Establishes tax credits and financial grant related to construction and operation of advanced nuclear energy facilities.

This bill creates tax credits for manufacturers of equipment for advanced nuclear facilities and establishes a program to provide incentive tax credits to developers building advanced nuclear energy facilities in New Jersey. Manufacturers of nuclear equipment can receive a 15% credit (up to 25% for minority/women/veteran-owned businesses) for equipment and facility improvements. Developers must demonstrate their project is economically feasible at a current or decommissioned nuclear site, meet environmental standards, pay prevailing wages, and contribute 20% of project costs to qualify for credits. The bill also creates a $50 per megawatt-hour grant for the first 25 years of operation for the state's first advanced nuclear facility, funded through a fee on electric utilities.