This bill creates the Nuclear Energy Consortium and the Utah Energy Council, establishes a process for designating energy development zones, and creates the Energy Development Investment Fund.
This bill:
- defines terms;
- creates the Nuclear Energy Consortium within the Office of Energy Development (office) and establishes its membership and duties;
- creates the Utah Energy Council within the office and establishes its membership and duties;
- modifies the duties and name of the Utah San Rafael Energy Lab Board;
- establishes a process for designating electrical energy development zones;
- creates the Electrical Energy Development Investment Fund and provides for its administration; and
- establishes authorized uses of fund money.

Statutes affected:
Introduced: 63I-1-279, 79-6-102, 79-6-1001, 79-6-1003
Substitute #1: 59-2-924, 63I-1-279, 79-6-102, 79-6-1001, 79-6-1003
Amended 2/14/2025 09:02:327: 59-2-924, 63I-1-279, 79-6-102, 79-6-1001, 79-6-1003
Substitute #2: 59-2-924, 63I-1-279, 79-6-102, 79-6-1001, 79-6-1003