Assembly Bill 108 mandates the Public Service Commission (PSC) to conduct a nuclear power siting study and submit a report to the legislature within 12 months of the bill's enactment. The study will identify opportunities for nuclear power generation at existing sites, potential new sites, and provide guidance on advanced nuclear technologies. The PSC may contract a third party to assist with the study and must consider a previous siting study conducted by the U.S. Department of Energy.

Additionally, the bill establishes a timeline for the PSC to take final action on applications for certificates of public convenience and necessity (CPCN) for large electric generating facilities that include advanced nuclear reactors. Specifically, the PSC must act within 150 days of an application being deemed complete, with a possible extension of up to 150 days for good cause. If the PSC does not act within these timeframes, the application is automatically considered approved. The bill renumbers existing legal provisions and creates new sections to implement these changes.