Bill > HR6326

This bill, the Advanced Reactor Fee Reduction Act, amends the Nuclear Energy Innovation and Modernization Act to reduce regulatory costs for advanced nuclear reactor application reviews. Specifically, it limits the professional hourly rate charged to advanced nuclear reactor applicants and preapplicants by excluding the costs of mission-indirect program support and agency support from the calculation. The bill also defines key terms like "advanced nuclear reactor applicant" and "advanced nuclear reactor preapplicant." The provisions related to the exclusion of certain costs will cease to be effective on September 30, 2029. The amendments made by this bill will take effect on October 1, 2024.