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Support for Advanced Nuclear Projects: Cost Stability and Guarantees

The bill aims to increase cost certainty for capital-intensive advanced nuclear energy projects through enhanced loan guarantee provisions. It introduces a mechanism for the federal government to cover a portion of cost overruns under specific conditions and establishes strict oversight requirements for project execution.
Key points
Authorization of $3.6 billion for the Accelerating Reliable Capacity Program Account.
The government may cover a portion of cost overruns if cumulative expenses exceed 120% of the base estimate, up to a specific limit.
Requirement for quarterly review meetings between the government and stakeholders, along with regular schedule updates.
Expansion of exceptions regarding double benefits for projects partnering with the military, federal administration, or national laboratories.
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Status: Introduced
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Additional Information
Print number: 119_S_3814
Sponsor: Sen. Risch, James E. [R-ID]
Process start date: 2026-02-10
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-3-pro-preview
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

ARC Act of 2026

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_3814.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2026-02-10.

What are the main provisions?

Key points include:

  • Authorization of $3.6 billion for the Accelerating Reliable Capacity Program Account.
  • The government may cover a portion of cost overruns if cumulative expenses exceed 120% of the base estimate, up to a specific limit.
  • Requirement for quarterly review meetings between the government and stakeholders, along with regular schedule updates.
  • Expansion of exceptions regarding double benefits for projects partnering with the military, federal administration, or national laboratories.
What is the specific legal status?

The current status is Introduced.

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 Sen. Risch, James E. [R-ID].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-02-27.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Public Investments Energy