A bill to create a nuclear and hydrogen graduate attraction and retention program to award grants to certain graduates of a postsecondary school who are employed in this state at a qualified electric generation facility after graduation; to provide for the powers and duties of certain state governmental officers and entities; to prohibit the submission of false information and prescribe penalties; to provide remedies; to create certain funds; to provide for the distribution of money from certain funds; and to allow the promulgation of rules.
House Bills 4124-4129 amend the Income Tax Act to provide tax credits for research and development in advanced nuclear reactor technologies, with a total annual cap of $2.5 million, effective from 2026.
Co-sponsored by Reps.
Reported from the Committee on Energy
Referred to the Committee on Rules
Reported without amendment
Passed in the House 84 to 20 (details)
Motion to give immediate effect
by
The motion prevailed by voice vote
Referred to the Committee on Energy and Environment
