NJ·Bill·2024-2025 Regular Session
S 3964
"Small Modular Nuclear Energy Incentive Act."
Introduced 2026-03-19Last action 2026-03-19 — Introduced in the Senate, Referred to Senate Environment and Energy CommitteeCommittee Economic Growth
Sponsor
Singer, Robert W.R
Cosponsors
None⚫
Died in Senate committee
The 2024-2025 Regular Session ended on 2025-12-31. This bill was introduced when the session adjourned and did not advance to enactment.
Legislative Progress
✗
Introduced
2
In Committee
3
Passed Chamber
4
Enacted / Signed
Summary
The Small Modular Nuclear Energy Incentive Act directs the New Jersey Board of Public Utilities to establish a competitive solicitation program within one year to award financial incentives for the construction and operation of small modular nuclear reactors (SMRs) in the state. These SMRs are defined as nuclear fission reactors with a maximum capacity of 300 megawatts that can be factory-assembled and transported for installation, requiring less frequent refueling than conventional nuclear plants. The bill's primary purpose is to promote SMR development as a reliable, carbon-free energy source to help New Jersey meet its clean energy goals while replacing retiring power plants and creating jobs, with incentives paid per megawatt hour of electricity produced by selected SMR projects.
Bill history
- 2026-03-19 · SenateIntroduced in the Senate, Referred to Senate Economic Growth Committee
Note
Historical import. Session: 221
Full Bill Text
https://pub.njleg.state.nj.us/Bills/2024/S4000/3964_I1.PDF