HF 4430

This bill creates an exception to Minnesota's existing restrictions on nuclear power by allowing the Public Utilities Commission to issue certificates of need for small modular advanced nuclear reactors under specific conditions. The bill permits approval only for reactors that are 300 megawatts or smaller, factory-built and modular, capable of connecting with other units, and use technology identical to reactors that have received federal clean energy tax credits under the Inflation Reduction Act of 2022. By requiring that the reactor technology must have both Nuclear Regulatory Commission approval and federal tax credit eligibility, the bill establishes a pathway for deploying small modular nuclear reactors in Minnesota while maintaining regulatory safeguards.