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TX HJR8
Joint Resolution
Status
4/28/2025
Primary Sponsor
Cody Harris
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AI Summary
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Creates the Texas Nuclear Development Fund as a special fund in the state treasury, separate from the general revenue fund, through a constitutional amendment
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Authorizes the Public Utility Commission of Texas to administer and use fund money without further appropriation, based on recommendations from the Governor's office, to provide grants for advanced nuclear reactor projects and associated infrastructure
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Fund sources include legislative appropriations and transfers, dedicated revenue, investment returns, and gifts, grants, and donations
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Allows the legislature to transfer fund money back to general revenue through appropriations acts and permits reasonable fund management expenses to be paid from the fund
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Constitutional amendment would be submitted to voters on November 4, 2025
Legislative Description
Proposing a constitutional amendment providing for the creation of the Texas nuclear development fund to support the development, construction, and operation of advanced nuclear reactor projects for dispatchable electric generation.
State Finances
Last Action
Referred to Business & Commerce
4/29/2025