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Bill > S4423


NJ S4423

NJ S4423
Authorizes BPU to provide site approval for small modular reactors; authorizes operators of small modular reactors to store spent nuclear fuel on-site.


summary

Introduced
05/19/2025
In Committee
07/24/2025
Crossed Over
06/30/2025
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill would provide that the Board of Public Utilities (BPU) is the sole State agency authorized to provide site approval for the construction of a small modular reactor (SMR) in the State. The bill would also authorize the operator of a small modular reactor to store any spent nuclear fuel generated by the reactor on-site. As defined by the bill, "small modular reactor" means a nuclear fission reactor that: (1) has a rated electric generating capacity of no more than 300 megawatts; (2) is capable of being constructed and operated either alone or in combination with one or more similar reactors if additional reactors are or become necessary at a single site; and (3) is required to be licensed by the United States Nuclear Regulatory Commission. Specifically, the bill would authorize the BPU to provide site approval to an SMR in consultation with the Department of Environmental Protection. The bill would authorize the BPU to approve a site for an SMR only if it is located in a municipality in which a nuclear energy facility has previously been constructed. The bill would provide that the BPU's site approval would supersede any municipal or county decisions to the contrary. The bill would also require the BPU to develop, within one year after's the bill's enactment, an incentive program to provide financial incentives to support the construction of SMRs in the State. The bill would provide that an SMR's authorization to store spent nuclear fuel would last until the development of a national high-level radioactive waste repository pursuant to the federal "Nuclear Waste Policy Act of 1982." Under that law, the United States Department of Energy was directed to develop a permanent storage site for radioactive waste, but currently, a permanent storage site for radioactive waste has yet to be developed. As a result, spent nuclear fuel is most often stored at the site of the nuclear reactor.

AI Summary

This bill establishes a comprehensive framework for small modular reactors (SMRs) in New Jersey, defining SMRs as nuclear fission reactors with generating capacity up to 300 megawatts that require Nuclear Regulatory Commission licensing. The Board of Public Utilities (BPU) is granted sole authority to approve SMR sites, but only in municipalities with prior nuclear energy facilities, and its approval will supersede any conflicting municipal or county decisions. The bill authorizes SMR operators to store spent nuclear fuel on-site until a national high-level radioactive waste repository is developed, provided the storage meets federal safety standards. Within one year of the bill's enactment, the BPU must develop a financial incentive program to support SMR construction in collaboration with the New Jersey Economic Development Authority. The BPU is also required to establish rules and regulations for SMR implementation, covering decommissioning, environmental monitoring, and emergency preparedness, while ensuring these regulations do not override the Nuclear Regulatory Commission's authority. The bill aims to facilitate the development of smaller, potentially more flexible nuclear energy infrastructure while maintaining rigorous safety and regulatory oversight.

Committee Categories

Agriculture and Natural Resources, Transportation and Infrastructure

Sponsors (5)

Last Action

Received in the Assembly, Referred to Assembly Telecommunications and Utilities Committee (on 07/24/2025)

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