GOP lawmakers push to lower regulatory hurdles for small nuclear firms

October 5, 2022, 7:00AMNuclear News

Donalds

Rep. Byron Donalds (R., Fla.) has introduced legislation in the House to help U.S. small businesses engaged or seeking to engage in the research, development, and deployment of advanced nuclear reactors.

Dubbed the Nuclear Assistance for America’s Small Businesses Act, the bill debuted September 29 with 10 of Donalds’s fellow House Republicans as cosponsors: Arizona’s Andy Biggs, Florida’s Maria Elvira Salazar, Georgia’s Buddy Carter, North Carolina’s Dan Bishop and Ted Budd, Ohio’s Bob Latta, South Carolina’s Nancy Mace, Tennessee’s Chuck Fleischmann and John Rose, and Texas’s Chip Roy.

Bill basics: The measure would amend the Nuclear Energy Innovation and Modernization Act (NEIMA) to allow small businesses to delay 50 percent of their preapplication fees to the Nuclear Regulatory Commission, as well as 35 percent of their postapplication fees over a period of 10 years.

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