The proposed bill, if enacted, would amend current statutes by appropriating $100,000 from the state general fund for fiscal year 2026-2027 to the University of Arizona, specifically for distribution to the Arizona Geological Survey (AZGS). This funding is intended to support a study on non-uranium fuel materials, including thorium, necessary for advanced nuclear reactors, such as generation III+ and IV reactors. The bill outlines that the appropriated funds will be used to compile data on proven and probable reserves of these materials and to create a statewide map detailing their quantities, grades, and notable occurrences.

Additionally, the bill mandates that the AZGS submit a report of the study's findings within one year of the effective date of the legislation to various state officials and make the report available on its website. This report will include information on the identified reserves and significant mineral districts with potential for the specified materials. The bill replaces previous unspecified appropriations and deadlines with specific amounts and timelines, thereby enhancing the clarity and focus of the funding's intended use.