The bill establishes the Texas Advanced Nuclear Energy Authority, aimed at enhancing and expanding the nuclear industry within Texas. It introduces a new subchapter in the Government Code, which outlines the authority's purpose, including leveraging expertise from higher education institutions and industry stakeholders to develop a strategic plan for advanced nuclear energy. The authority will also identify obstacles, provide recommendations to state leaders, manage nuclear energy projects, and support the development of a nuclear energy supply chain. Additionally, it creates the Texas Advanced Nuclear Innovation Fund to support research and development projects related to advanced nuclear technologies.

The bill also mandates the appointment of a nuclear permitting officer by the executive committee of the authority, who will serve as a point of contact for stakeholders during the permitting process and assist businesses in navigating regulatory requirements. The executive committee is responsible for developing a strategic plan, soliciting funding opportunities, and preparing biennial reports on the authority's activities. The bill is set to take effect on September 1, 2025.

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