SB 2060

This bill establishes the Texas Advanced Nuclear Reactor Deployment Act, creating a new office within the Governor's office called the Texas Advanced Nuclear Deployment Office and setting up a funding mechanism through the Public Utility Commission to support the development of advanced nuclear reactor projects in Texas. The legislation defines advanced nuclear reactors to include various next-generation technologies (Generation III and IV reactors, small modular reactors, and microreactors) and authorizes the Public Utility Commission to establish a separate account under the Texas energy fund to provide grants for nuclear project development. The program aims to promote nuclear energy development for reliable electricity generation while creating high-wage manufacturing jobs in the state, with the provisions set to expire on September 1, 2061.