The Indiana state Senate and House of Representatives have passed Senate Bill 424 on nuclear financing, which now awaits the signature of Indiana Gov. Mike Braun (R).
The bill would allow public utilities to petition before or during the construction of a small modular reactor to recover pre-construction costs from customers prior to receiving certificates of public convenience and necessity from the Indiana Utility Regulation Commission.
The bill passed in the House in a 59 – 30 vote on March 20 and passed in the Senate in a 32 – 15 vote on March 25.
