Bill > SB1105

This bill establishes the Texas Advanced Nuclear Energy Authority (TANEA), a new state organization designed to promote and develop advanced nuclear energy technology in Texas. The authority will be administratively attached to the governor's office and governed by an executive committee composed of appointees from the governor, lieutenant governor, house speaker, and representatives from major Texas universities. The committee will hire an executive director and a nuclear permitting officer to coordinate efforts to advance nuclear energy in the state. The bill creates the Texas Advanced Nuclear Innovation Fund to support research, development, and economic initiatives related to nuclear energy, with funds potentially coming from gifts, grants, and legislative appropriations. The authority's key objectives include developing a comprehensive strategic plan for advanced nuclear energy, identifying obstacles to nuclear energy development, supporting existing and attracting new nuclear energy industries, and creating a supply chain for nuclear technology. The authority will also be responsible for producing a biennial report to the governor and Legislative Budget Board detailing its activities, research opportunities, and recommendations. The nuclear permitting officer will serve as a single point of contact to help businesses navigate the complex permitting and regulatory processes for nuclear facilities. The bill is set to take effect on September 1, 2025, with the aim of integrating advanced nuclear technology into Texas's economy by 2035.