The bill H.287 proposes the establishment of the Vermont Small Nuclear Consortium, which is tasked with conducting a feasibility study on the reintroduction of nuclear power generation in Vermont. The Secretary of Administration is required to convene this consortium by August 1, 2025, to identify obstacles to constructing small modular reactors, including legal barriers at both state and federal levels. The consortium will consist of various members, including legislative representatives from both parties, environmental organization representatives, and utility representatives, among others. It will review the reasons for the closure of the previous nuclear facility, gather input from stakeholders, and assess financial resources for potential new constructions.

Additionally, the bill includes provisions for compensation and reimbursement for consortium members attending meetings, with a limit of five meetings in fiscal year 2026. A total of $23,000 is appropriated from the General Fund to support the consortium's activities, including member compensation and hiring a consultant. The consortium is required to submit a report by August 1, 2026, detailing the findings of the feasibility study and any legislative actions that may be necessary. The act is set to take effect upon passage.