Bill > S09962

This bill, known as the "NYS Ratepayer Protection Nuclear Moratorium Act," establishes a moratorium for two years and six months on the use of state funds and subsidies for new, reopened, or rebuilt closed nuclear power facilities and related entities, aiming to protect ratepayers and advance clean energy goals consistent with the Climate Leadership and Community Protection Act (CLCPA). During this period, a Nuclear Assessment Task Force will be created to conduct a comprehensive evaluation of nuclear power, examining its costs, health and safety impacts, environmental consequences, and comparing it to renewable energy alternatives, with the task force's findings and recommendations to be reported to the public, governor, and legislature before the moratorium expires. The bill defines "nuclear power facility" as any electricity-generating plant using nuclear fission or related technology, and "subsidy" as any expenditure funded by ratepayers or taxpayers, including fees, surcharges, credits, or loan guarantees, to support such facilities.