Bill > HB14

This bill establishes the Texas Advanced Nuclear Energy Office within the governor's office to strategically support and develop the nuclear energy industry in Texas. The office will be led by a director appointed by the governor who has experience in advanced nuclear energy, and its primary purposes include promoting advanced nuclear reactor development, enhancing energy security, creating high-wage jobs, and addressing the state's growing energy demands. The bill creates the Texas Advanced Nuclear Development Fund to provide reimbursement-based grants to businesses, nonprofits, and governmental entities for various nuclear energy project stages, including project development, supply chain support, construction, and completion of interconnected reactors. The grants can cover expenses such as technology development, feasibility studies, regulatory permit work, site planning, and construction activities, with grant amounts limited to 50% of qualifying expenses and capped at specific dollar amounts depending on the grant type. The office will evaluate grant applications based on the applicant's operational quality, resource access, and potential benefit to the state, while maintaining confidentiality of application information. The bill includes a sunset provision that will dissolve the office on September 1, 2035, unless continued by the legislature, and requires the office to submit a strategic plan every two years to the governor and legislature.

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https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB14