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Senate approves concurrence on small modular reactor bill after debate over ratepayer predevelopment charges
Summary
The Senate approved a motion to concur on Senate Bill 4-24 (SMR provisions) after extended floor debate about removing a sunset on recovery of predevelopment costs from ratepayers; vote 32–15.
Senators on the floor voted to concur with the House on Senate Bill 4-24, a measure to authorize recovery of certain small modular reactor (SMR) project development costs from ratepayers, after extended debate about whether removing a sunset leaves consumers exposed to indefinite charges. The motion to concur passed by recorded vote, 32 ayes to 15 noes.
The dispute centered on a House amendment that removed a sunset date from the original Senate language. Senator Cook, presenting the motion to concur, said the House removed the sunset because companies that might deploy later would be hindered by an early deadline and argued regulatory certainty is important for large…
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