AN ACT relating to nuclear energy development, making an appropriation therefor, and declaring an emergency.

Create a new section of KRS Chapter 164 to establish the Nuclear Energy Development Grant Program to be administered by the Kentucky Nuclear Energy Development Authority; establish the nuclear energy development grant administration subcommittee and provide for its duties; limit individual grant awards from the Nuclear Energy Development Grant Program to $2,000,000 per grant; amend KRS 164.2802 to require the director of the Kentucky Nuclear Energy Development Authority to publicize and encourage application to the…

Economic Development Education, Higher Effective Dates, Emergency Energy Nuclear Energy Universities and Colleges Appropriations Reports Mandated Advisory Boards, Commissions, and Committees Fiscal Note

In effect since March 24, 2025

This act carries an emergency clause, so it took effect as soon as it became law instead of waiting the usual 90 days after the session adjourned (Ky. Constitution § 55).

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This bill creates a grant program to support nuclear energy development in Kentucky, with individual awards capped at $2,000,000 each. It directs $10,000,000 in already-appropriated state funds toward these grants, to be administered by the Kentucky Nuclear Energy Development Authority. Grant applications and awards will be tracked and reported to the state legislature each year. Who it may affect: universities and research institutions, energy companies and developers, and organizations working on nuclear energy projects in Kentucky.

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