The Texas Advanced Nuclear Deployment Act aims to facilitate the development and deployment of advanced nuclear reactors in Texas by establishing funding mechanisms within the Office of the Governor and the Texas Public Utility Commission. It introduces Chapter 483 to the Government Code, which defines advanced nuclear reactors, outlines project eligibility, and creates a dedicated program under the Texas energy fund. The Act seeks to promote advanced nuclear projects as a source of dispatchable electric power while generating high-wage manufacturing jobs, thereby enhancing the state's energy security and economic growth. The legislation also establishes the Texas Advanced Nuclear Deployment Office, responsible for collaborating with stakeholders, identifying barriers to nuclear energy development, and managing grant programs for these projects.

The bill includes provisions for a Tier 2 Advanced Nuclear Construction Program, allowing reimbursement grants for construction costs associated with advanced nuclear reactor projects, capped at $200 million per project. It also introduces an Advanced Nuclear Workforce Development Program to address skill gaps in the sector and establishes the Texas Advanced Nuclear Completion Fund, which includes a Tier 3 Completion Payment Program for grants related to the completion and operation of activated nuclear projects. The commission will create rules for grant applications and program administration, with the bill set to take effect on September 1, 2025.

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