Bill > SB2060

This bill establishes a comprehensive framework to support advanced nuclear reactor deployment in Texas through multiple interconnected mechanisms. The legislation creates the Texas Advanced Nuclear Deployment Office within the Governor's office, which will strategically promote nuclear energy development, collaborate with stakeholders, and help identify and overcome barriers to nuclear energy projects. The bill establishes three key funding tiers: a Tier 1 Project Development and Supply Chain Program that provides reimbursement grants for initial project development costs like feasibility studies and site planning, a Tier 2 Advanced Nuclear Construction Program offering grants of up to $200 million for construction activities, and a Tier 3 Completion Payment Program that provides grants on a per-megawatt basis for operational nuclear reactors. The bill defines advanced nuclear reactors broadly to include various generations of nuclear technologies, from large light water reactors to small modular and micro reactors. Additionally, the legislation mandates workforce development collaboration between the Texas Workforce Commission, the Advanced Nuclear Energy Office, and the Higher Education Coordinating Board to address skill gaps in the nuclear energy industry. The bill aims to create high-wage manufacturing jobs, enhance energy security, and position Texas as a leader in innovative nuclear generation technologies, with all programs set to expire on September 1, 2040.

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https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB2060