The proposed bill would amend current statutes by appropriating an unspecified amount from the state General Fund for fiscal year 2027 to the University of Arizona, specifically for distribution to the Arizona Geological Survey (AZGS). This funding is intended to support a study on minerals and metals necessary for advanced nuclear reactors, including the creation of a statewide map detailing proven and probable reserves of these resources, including their quantities and grades.

Additionally, the bill mandates that AZGS submit a report of the study's findings to various state officials and make the report available on its website by a specified deadline. The bill also includes provisions for the use of the appropriated funds, detailing the specific objectives of the study and the requirements for the statewide map. Overall, the bill aims to enhance the understanding and management of Arizona's mineral resources in relation to nuclear energy development.