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Support for Small Businesses in Nuclear Reactor Development: Licensing Fee Deferral

This act aims to support small businesses developing advanced nuclear reactors. It allows them to defer payment of certain licensing fees, potentially reducing initial financial burdens. This could foster innovation in nuclear energy, potentially impacting future energy availability.
Key points
Small businesses involved in advanced nuclear reactors can defer up to 50% of pre-application fees and up to 35% of post-application fees.
Deferred fees will be collected in installments after license issuance or if the project fails, providing financial flexibility.
The act seeks to accelerate research and development of new nuclear technologies, potentially contributing to energy security and job creation.
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Additional Information
Print number: 118_HR_1007
Sponsor: Rep. Donalds, Byron [R-FL-19]
Process start date: 2023-02-14
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Nuclear Assistance for America’s Small Businesses Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_1007.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-02-14.

What are the main provisions?

Key points include:

  • Small businesses involved in advanced nuclear reactors can defer up to 50% of pre-application fees and up to 35% of post-application fees.
  • Deferred fees will be collected in installments after license issuance or if the project fails, providing financial flexibility.
  • The act seeks to accelerate research and development of new nuclear technologies, potentially contributing to energy security and job creation.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Donalds, Byron [R-FL-19].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Energy, Climate and Grid Security.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

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