H.287 is a bill that aims to establish the Vermont Small Nuclear Consortium, which will be 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 the state and federal levels. The consortium will consist of various members, including legislative representatives from both political 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 new reactor construction.

Additionally, the bill includes provisions for compensation and reimbursement for consortium members attending meetings, with a budget of $23,000 appropriated from the General Fund for fiscal year 2026 to cover these costs and to hire a consultant. The consortium is required to submit a written report by August 1, 2026, detailing the findings of the feasibility study and any recommendations for legislative action. The act is set to take effect upon passage.