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TX SB2967
Bill
Status
3/14/2025
Primary Sponsor
Charles Schwertner
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AI Summary
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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
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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
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Authorizes a Tier 1 Project Development Program to reimburse qualifying expenses for early development and siting activities of advanced nuclear projects
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Authorizes a Tier 2 Project Construction Program to reimburse qualifying expenses for construction of advanced nuclear reactor projects
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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