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A bill to provide enhanced provisions for advanced nuclear energy projects receiving loan guarantees through the Department of Energy, and for other purposes.

12/5/2024, 11:56 AM

Summary of Bill S 5421

Bill 118 s 5421, also known as the Advanced Nuclear Energy Technologies Act, aims to improve the loan guarantee program for advanced nuclear energy projects overseen by the Department of Energy. The bill seeks to enhance provisions for these projects in order to promote the development and deployment of advanced nuclear technologies in the United States.

Specifically, the bill includes measures to streamline the loan guarantee process for advanced nuclear energy projects, making it easier for companies to access funding for these innovative technologies. Additionally, the bill includes provisions to ensure that projects receiving loan guarantees meet certain safety and environmental standards, in order to protect public health and the environment.

Overall, the Advanced Nuclear Energy Technologies Act is designed to support the growth of advanced nuclear energy in the United States, by providing the necessary financial support and regulatory framework for these projects to succeed. The bill aims to promote innovation in the nuclear energy sector, while also ensuring that safety and environmental concerns are addressed.

Current Status of Bill S 5421

Bill S 5421 is currently in the status of Bill Introduced since December 4, 2024. Bill S 5421 was introduced during Congress 118 and was introduced to the Senate on December 4, 2024.  Bill S 5421's most recent activity was Read twice and referred to the Committee on Finance. as of December 4, 2024

Bipartisan Support of Bill S 5421

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 5421

Primary Policy Focus

Alternate Title(s) of Bill S 5421

A bill to provide enhanced provisions for advanced nuclear energy projects receiving loan guarantees through the Department of Energy, and for other purposes.
A bill to provide enhanced provisions for advanced nuclear energy projects receiving loan guarantees through the Department of Energy, and for other purposes.

Comments

Sponsors and Cosponsors of S 5421

James E. Risch
James E. Risch
IdahoRepublican

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