AN ACT relating to nuclear energy development.

Summary

The bill establishes the Kentucky Nuclear Energy Development Authority, which runs a grant program to help utilities and partners cover up‑front costs of federal nuclear site and construction permits for Generation III Plus and Generation IV reactors. It also lets utilities recover unrecovered permit costs through rates, provided they haven’t received a grant. The measure aims to attract nuclear projects, create jobs, and diversify the state’s energy mix.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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