HB 4127
Energy: nuclear; definition of advanced nuclear reactors; provide for. Amends sec. 10h of 1939 PA 3 (MCL 460.10h). TIE BAR WITH: HB 4129'25, HB 4125'25, HB 4126'25, HB 4128'25, HB 4124'25
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
House Bill 4127 clarifies the definition of ‘advanced nuclear reactor technologies’ within the context of Michigan’s energy regulations. It expands the definition to include both new reactor designs and existing nuclear facilities that have undergone significant upgrades and utilize research and development programs. The bill also establishes key terms related to securitization of electric utility costs, including ‘financing order,’ ‘securitization bonds,’ and ‘securitization charges,’ to facilitate the recovery of costs associated with transitioning to cleaner energy sources. This bill is contingent on the passage of several related bills.
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Primary sponsor
Cosponsors
David Prestin
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