Relating to support for the development of the nuclear energy industry.
What changed between versions
Updated terminology from 'advanced nuclear reactor' to 'advanced nuclear project' in some sections to clarify scope.
Changed sunset date from September 1, 2040 to September 1, 2035.
Created new grant programs with specific funding limits: up to $12.5 million for project development and up to $120 million for construction reimbursement.
Added new requirements for grant recipients including benchmarks, milestones, and repayment obligations if benchmarks are not met.
Added new duties for the nuclear permitting coordinator including acting as single point of contact and documenting all assistance provided.
Established oversight mechanisms requiring lieutenant governor and speaker of the house review for proposed grants.
Added restrictions preventing grants to recipients who received state-appropriated money for advanced nuclear reactors.
Added confidentiality provisions protecting grant application information from public disclosure.