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Committee approves Senate Bill 179 to create nuclear energy development grant program within NEDA
Summary
The committee approved Senate Bill 179 to establish a $10 million grant program managed by the Nuclear Energy Development Authority (NEDA), drawing from a previously appropriated $40 million, with maximum individual grants capped at $2 million.
FRANKFORT, Ky. — The Kentucky Senate Natural Resources Committee approved Senate Bill 179 to establish a nuclear energy development grant program within the Nuclear Energy Development Authority (NEDA).
Senator Danny Carroll, sponsor of SB179, told the committee the authority — created last year to promote nuclear energy development in Kentucky — will administer the grant program. "Senate bill 179 has to do with the NEDA, the Nuclear Energy Development Authority that we established last year," Carroll…
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