HJR 8

This bill proposes a constitutional amendment to create the Texas Nuclear Development Fund, a special fund in the state treasury dedicated to supporting advanced nuclear reactor projects for reliable electric power generation in Texas. The fund would be administered by the Public Utility Commission of Texas, which could provide grants to entities for financing or incentivizing the development, construction, and operation of advanced nuclear reactors and associated infrastructure. The fund would consist of money appropriated by the legislature, dedicated revenues, investment returns, and gifts or donations, with the constitutional amendment requiring voter approval in the November 5, 2025 election. If approved, this would establish a dedicated financing mechanism to promote nuclear energy development as a dispatchable (on-demand) electricity source in Texas.