Loading chat...

TX SB2967

Bill

Status

Introduced

3/14/2025

Primary Sponsor

Charles Schwertner

Click for details

Origin

Senate

89th Legislature Regular Session

AI Summary

  • Creates the Texas Advanced Nuclear and Innovative Energy Technologies Office within the Governor's office to support development and deployment of advanced nuclear and innovative energy technologies in Texas

  • Establishes the Texas Advanced Nuclear and Innovative Energy Technologies Fund as a dedicated account within general revenue, funded by gifts, grants, donations, and legislative appropriations

  • Authorizes a Tier 1 Project Development Program to reimburse qualifying expenses for early development and siting activities of advanced nuclear projects

  • Authorizes a Tier 2 Project Construction Program to reimburse qualifying expenses for construction of advanced nuclear reactor projects

  • Requires the office to share grant recipient and project information with the Public Utility Commission, which must plan for use of advanced nuclear reactors in Texas

Legislative Description

Relating to funding mechanisms to support the siting, development, construction, and deployment of advanced nuclear and innovative energy technologies in this state.

State Finances

Last Action

Left pending in committee

4/8/2025

Committee Referrals

Business & Commerce4/3/2025

Full Bill Text

No bill text available