§ 8-1-44-12 — Program established; purposes; commission authorized to consult with regulatory agencies

Indiana § 8-1-44-12

• Jurisdiction: Indiana
• Art. 1: UTILITIES GENERALLY
• Ch. 44: Pilot Program for Small Modular Nuclear Reactor

Text

(a) The small modular nuclear reactor
partnership pilot program is established to:
(1) facilitate the development of SMRs for the purpose of
providing a reliable source of electricity to meet the growing
demand for electric utility service necessary to:
(A) ensure the welfare and enhance the quality of life of Indiana
residents and businesses; and
(B) attract and retain businesses and provide economic
development opportunities for Indiana communities; and
(2) reduce the costs that would otherwise be borne by eligible
utilities and their ratepayers by enabling eligible utilities to
partner with one (1) or more eligible partners to share the costs
and risks associated with developing one (1) or more SMRs to be
directly or indirectly used to furnish public utility service to
Indiana customers.
(b) The commission may consult with:
(1) the United States Nuclear Regulatory Commission;
(2) the department of environmental management; or
(3) any other relevant state or federal regulatory agency with
jurisdiction over the construction or operation of nuclear
generating facilities;
to the extent necessary to ensure the compliance of any eligible utility
or eligible partnership with all applicable federal and state laws and
regulations, or as necessary to review or issue orders on petitions under
sections 13 and 14 of this chapter.

Legislative History

As added by P.L.137-2025, SEC.1.