This bill mandates the Board of Public Utilities (BPU), the Department of Community Affairs (DCA), and the Department of Environmental Protection (DEP) to create expedited approval and permitting procedures specifically for artificial intelligence (AI) data centers that are powered by on-site small modular reactors (SMRs). The legislation aims to facilitate the construction of new AI data centers and the integration of SMRs at existing facilities. The rules and regulations must be established within 12 months of the bill's effective date and are intended to streamline processes across various state and local agencies.

The bill outlines specific requirements for the expedited procedures, which include site approval processes for state agencies and local governments, construction plan reviews by the DCA, interconnection provisions for electric utilities, and permit processes from the DEP. These provisions are designed to enhance efficiency and support the development of advanced nuclear technology in conjunction with AI infrastructure, thereby promoting innovation and sustainability in New Jersey's energy landscape.