,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #fbec  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,novemb] #g1 #bjbc,mr4
 ,curtis 7= himself & ,mr4 ,tonko7      
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,en]gy & ,comm]ce  ,a  
,,bill  ,to au?orize ! ,secret>y (      
,en]gy to make aw>ds to cov] regulatory 
co/s relat+ to lic5s+ c]ta9 fir/-(-a-k9d
 advanc$ nucle> reactors4  #a4 ,%ort    
title ,?is ,act may be cit$ z ! ,advanc$
 ,nucle> ,reactor ,prize ,act4  #b4     
,advanc$ nucle> reactor prizes ,section 
#ajc ( ! ,nucle> ,en]gy ,innovation &   
,mod]nization ,act 7,public ,law        
#aae-dci2 #acb ,/at4 #eega7 is am5d$ by 
add+ at ! end ! foll[+3  7f7 ,prizes =  
advanc$ nucle> reactor lic5s+  7#a7     
,def9ition ( eligible entity ,9 ?is     
subsection1 ! t]m eligible entity       
means-- 7,a7 a non-,f$]al entity2 &     
7,b7 ! ,t5nessee ,valley ,au?ority4     
7#b7 ,prize = advanc$ nucle> reactor    
lic5s+  7,a7 ,9 g5]al ,not)/&+ section  
#afi ( ! ,atomic ,en]gy ,act ( #aied    

7#db ,u4,s4,c4 #bbji7 & subject to !    
availability ( appropriations1 !        
,secret>y is au?oriz$ to make1 ) respect
 to ea* aw>d category describ$ 9        
subp>agraph 7,c71 an aw>d 9 an am\nt    
describ$ 9 subp>agraph 7,b7 to ! fir/   
eligible entity--  7i7 to :i* !         
,commission issues an op]at+ lic5se = an
 advanc$ nucle> reactor "u "p #ej (     
title #aj1 ,code ( ,f$]al ,regulations  
7or successor regulations71 = :i* an    
application has n be5 approv$ by !      
,commission z ( ! date ( enactm5t ( ?is 
subsection2 or  7ii7 = :i* ! ,commission
 makes a f9d+ describ$ 9 section        
#eb4ajc7;g7 ( title #aj1 ,code ( ,f$]al 
,regulations 7or successor regulations71
 ) respect to a comb9$ lic5se = an      
advanc$ nucle> reactor--  7,i7 t is     
issu$ "u subp>t ,c ( "p #eb ( t title   
7or successor regulations72 &  7,,ii7 = 
:i* an application has n be5 approv$ by 
! ,commission z ( ! date ( enactm5t (   
?is subsection4  7,b7 ,am\nt ( aw>d     
,subject to p>agraph 7#c71 an aw>d "u   

subp>agraph 7,a7 %all be 9 an am\nt     
equal to ! total am\nt assess$ by !     
,commission & collect$ "u section       
#ajb7;b77#b7 f ! eligible entity receiv+
 ! aw>d = co/s relat+ to ! issuance ( ! 
lic5se describ$ 9 t subp>agraph1        
includ+1 z applicable1 co/s relat+ to ! 
issuance ( an associat$ con/ruction     
p]mit describ$ 9 section #ej4bc ( title 
#aj1 ,code ( ,f$]al ,regulations 7or    
successor regulations71 or e>ly site    
p]mit 7z def9$ 9 section #eb4a ( t title
 7or successor regulations774  7,c7     
,aw>d categories ,an aw>d "u subp>agraph
 7,a7 may be made =--  7i7 ! fir/       
advanc$ nucle> reactor = :i* !          
,commission-- 7,i7 issues a lic5se 9    
accordance ) clause 7i7 ( subp>agraph   
7,a72 or  7,,ii7 makes a f9d+ 9         
accordance ) clause 7ii7 ( t            
subp>agraph2  7ii7 an advanc$ nucle>    
reactor t--  7,i7 uses isotopes d]iv$ f 
sp5t nucle> fuel 7z def9$ 9 section #b (
 ! ,nucle> ,wa/e ,policy ,act ( #aihb   
7#db ,u4,s4,c4 #ajaja77 or deplet$      

uranium z fuel = ! advanc$ nucle>       
reactor2 &  7,,ii7 is ! fir/ advanc$    
nucle> reactor describ$ 9 subclause 7,i7
 = :i* ! ,commission--  7aa7 issues a   
lic5se 9 accordance ) clause 7i7 (      
subp>agraph 7,a72 or  7bb7 makes a f9d+ 
9 accordance ) clause 7ii7 ( t          
subp>agraph2  7iii7 an advanc$ nucle>   
reactor t-- 7,i7 is a nucle> integrat$  
en]gy sy/em--  7aa7 t is compos$ ( #b or
 m co-locat$ or jo9tly op]at$ subsy/ems 
( en]gy g5]ation1 en]gy /orage1 or o!r  
te*nologies2  7bb7 9 :i* n few] ?an #a  
subsy/em describ$ 9 item 7aa7 is a      
nucle> en]gy sy/em2 &  7cc7 ! purpose ( 
:i* is-- 7,,aa7 to r$uce gre5h\se gas   
emissions 9 bo? ! p[] & nonp[] sectors2 
& 7,,bb7 to maximize en]gy production & 
effici5cy2 &  7,,ii7 is ! fir/ advanc$  
nucle> reactor describ$ 9 subclause 7,i7
 = :i* ! ,commission--  7aa7 issues a   
lic5se 9 accordance ) clause 7i7 (      
subp>agraph 7,a72 or  7bb7 makes a f9d+ 
9 accordance ) clause 7ii7 ( t          
subp>agraph2  7iv7 an advanc$ reactor   

t-- 7,i7 op]ates flexibly to g5]ate     
electricity or high temp]ature process  
heat = nonelectric applications2 &      
7,,ii7 is ! fir/ advanc$ nucle> reactor 
describ$ 9 subclause 7,i7 = :i* !       
,commission-- 7aa7 issues a lic5se 9    
accordance ) clause 7i7 ( subp>agraph   
7,a72 or  7bb7 makes a f9d+ 9 accordance
 ) clause 7ii7 ( t subp>agraph2 &  7v7 !
 fir/ advanc$ nucle> reactor = :i* !    
,commission grants approval to load     
nucle> fuel pursuant to !               
te*nology-inclusive regulatory framework
 e/abli%$ "u subsection 7a77#d74  7#c7  
,f$]al fund+ limitation  7,a7 ,exclusion
 ( ,,tva funds ,9 ?is p>agraph1 ! t]m   
,f$]al funds does n include funds       
receiv$ "u ! p[] program ( ! ,t5nessee  
,valley ,au?ority e/abli%$ pursuant to !
 ,t5nessee ,valley ,au?ority ,act (     
#aicc 7#af ,u4,s4,c4 #hca et seq474     
7,b7 ,limitation on am\nts exp5d$ ,an   
aw>d "u ?is subsection %all n exce$ !   
total am\nt exp5d$ 7exclud+ any         
exp5ditures made ) ,f$]al funds receiv$ 

= ! applicable project & an am\nt equal 
to ! m9imum co/-%>e requir$ "u section  
#ihh ( ! ,en]gy ,policy ,act ( #bjje    
7#db ,u4,s4,c4 #afceb77 by ! eligible   
entity receiv+ ! aw>d = lic5s+ co/s     
relat+ to ! project = :i* ! aw>d is     
made4  7,c7 ,repaym5ts & divid5ds n     
requir$ ,not)/&+ section #iajd7;a77#d7 (
 title #ca1 ,unit$ ,/ates ,code1 or any 
o!r provision ( law1 an eligible entity 
t receiv$ an aw>d "u ?is subsection %all
 n be requir$-- 7i7 to repay t aw>d or  
any "p ( t aw>d2 or  7ii7 to pay a      
divid5d1 int]e/1 or o!r simil> paym5t   
bas$ on ! sum ( t aw>d4  4