A bill for an act relating to small nuclear reactors, including the establishment of the Iowa modular reactor committee within the economic development authority, financial incentives, and the potential establishment of related education programs and including effective date provisions.

Summary

The bill establishes the Iowa Small Modular Reactor Committee within the Economic Development Authority to oversee reactor development, site selection, and public‑private partnerships. It offers a 30% tax credit on qualified capital investments, revenue‑bond financing, and other tax benefits for eligible projects. The measure aims to attract nuclear‑energy manufacturing and related jobs to Iowa.

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