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MS HB697
Bill
Status
Failed
2/3/2026
Primary Sponsor
Jody Steverson
Click for details
AI Summary
- Creates the Nuclear Energy Supply Chain Investment Fund in the State Treasury to promote nuclear development and manufacturing in Mississippi
- Grants support companies manufacturing nuclear components, designing small modular reactors and advanced reactors, researching fission and fusion technology, and handling nuclear storage and transport
- Mississippi Development Authority (MDA) administers the fund and evaluates grant applications based on company mission, job creation, capital investment, and average employee wages
- Eligible expenses limited to property improvements, building construction, and real property investment costs, distributed as reimbursement grants after contract execution
- MDA required to coordinate with Department of Revenue to ensure grant recipients receive all applicable state tax credits and exemptions, with annual reporting to the Governor and Legislature by December 1
Legislative Description
Nuclear Energy Supply Chain Investment Fund; create to provide grants to support nuclear power-related companies.
Last Action
Died In Committee
2/3/2026
Committee Referrals
Energy1/14/2026
Full Bill Text
No bill text available