A 4366 New Jersey General Assembly · 2026-2027 Regular Session

Modifies definition of Class I renewable energy to include nuclear fission; provides CBT tax credit for production of clean baseload power.

This bill amends New Jersey's renewable energy law to include nuclear fission power in the definition of "Class I renewable energy," allowing nuclear plants to qualify for renewable energy credits. It also creates a new Clean Baseload Technology (CBT) tax credit for electricity generated from nuclear power facilities that operate as reliable baseload sources (running at over 50% capacity). The primary beneficiaries are nuclear power plants in New Jersey, such as those at Hope Creek and Salem, which would now earn credits toward state renewable energy goals and receive tax incentives for their output. This changes how nuclear power is classified under the state's clean energy standards and provides direct financial support for its continued operation.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 19, 2026 Last action Feb 19, 2026
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Feb 19, 2026
Introduced
Introduced, Referred to Assembly Telecommunications and Utilities Committee
lower
1 primary · 0 co-sponsors

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Role
Legislator
Party
State
District
P
Photo of Alex Sauickie
Alex Sauickie
RRepublican
NJ
12