S.B. No. 1535 establishes an advanced nuclear energy workforce development program under the Texas Workforce Commission. The bill adds Section 302.0081 to Subchapter A, Chapter 302 of the Labor Code, defining key terms such as "Agency," "Coordinating board," and "Program." The Texas Workforce Commission, in collaboration with the Texas Education Agency and the Texas Higher Education Coordinating Board, is tasked with creating and administering this program to address the skilled labor demands in the advanced nuclear energy industry. The program aims to develop a strategic plan that includes addressing labor supply gaps, providing financial assistance, and creating academic pathways for students interested in careers in advanced nuclear energy.

Additionally, the bill outlines the commission's responsibilities, which include developing customized curriculum requirements for degree and certificate programs to prepare students for high-wage jobs in the industry. The commission is required to consult with various stakeholders, including educational institutions and employers in the advanced nuclear energy sector, to ensure the curriculum aligns with industry needs. Furthermore, the commission must submit an annual report to the legislature summarizing its activities and recommendations related to the program. The act is set to take effect on September 1, 2025.

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