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Committee approves bill to create $10 million grant program within Kentucky Nuclear Energy Development Authority
Summary
Senate Bill 179 would set aside $10 million of a previously appropriated $40 million to fund grants administered by the Nuclear Energy Development Authority; the committee approved the bill and reported it to the floor.
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), setting aside $10 million from an earlier $40 million appropriation and capping individual grants at $2 million.
Senator Danny Carroll, the bill’s sponsor, told the committee the authority — established last year — is intended “to promote the development of nuclear energy in an ecosystem within the…
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