Introduced Senate Bill (S)

Authored by

DIGEST

Nuclear energy projects. Provides that projects involving the construction of nuclear energy production or generating facilities qualify for the financial incentives available for clean energy projects. (Current law provides that only projects involving the life cycle management of such facilities qualify for the incentives.) For purposes of the statute governing the incentives, amends the definition of: (1) "nuclear energy production or generating facility" to include a facility constructed in Indiana after June 30, 2014; and (2) "qualified utility system expenses" to specify that the term includes preconstruction costs and applies to a new energy production or generating facility or a Nuclear energy projects. Provides that projects involving the construction of nuclear energy production or generating facilities qualify for the financial incentives available for clean energy projects. (Current law provides that only projects involving the life cycle management of such facilities qualify for the incentives.) For purposes of the statute governing the incentives, amends the definition of: (1) "nuclear energy production or generating facility" to include a facility constructed in Indiana after June 30, 2014; and (2) "qualified utility system expenses" to specify that the term includes preconstruction costs and applies to a new energy production or generating facility or a new nuclear energy production or generating facility. ... View more