Bill > A10027

This bill establishes the New York Advanced Nuclear Energy Office within the New York State Power Authority, in consultation with the New York State Energy Research and Development Authority, to provide strategic leadership and promote the development of advanced nuclear reactor facilities in the state. The bill also creates the New York Advanced Nuclear Development Fund, which will provide grants to assist in nuclear energy production, and authorizes this fund to draw from the Environmental Bond Act of 2022, specifically funds allocated for green buildings projects, to support these initiatives. An "advanced nuclear project" is defined as a facility that uses an "advanced nuclear reactor," which includes technologies like small modular reactors and microreactors, and the fund can be used for expenses such as technology development, feasibility studies, site planning, and regulatory licensing fees, with the goal of fostering economic growth and ensuring safe, reliable, and sustainable energy solutions for New York.

Agriculture and Natural Resources

https://www.nysenate.gov/legislation/bills/2025/A10027