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Support for Advanced Nuclear Reactor Development

This act aims to facilitate funding for advanced nuclear reactor demonstration projects. For 15 years, these projects will be eligible for loan guarantees, potentially accelerating clean energy development and contributing to future power supply stability.
Key points
Easier access to loan guarantees for new nuclear technologies for a 15-year period.
Potential acceleration of advanced nuclear reactor construction and operation in the U.S.
Possible impact on electricity availability and costs in the long term.
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Expired
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Additional Information
Print number: 118_HR_4677
Sponsor: Rep. Donalds, Byron [R-FL-19]
Process start date: 2023-07-17
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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

LOAN Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_4677.

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 2023-07-17.

What are the main provisions?

Key points include:

  • Easier access to loan guarantees for new nuclear technologies for a 15-year period.
  • Potential acceleration of advanced nuclear reactor construction and operation in the U.S.
  • Possible impact on electricity availability and costs in the long term.
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 2025-12-25.

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