As used in this chapter, "small modular nuclear reactor" means a nuclear reactor that:

1. (1) has a rated electric generating capacity of not more than four hundred seventy (470) megawatts;

2. (2) is capable of being constructed and operated, either:

   1. (A) alone; or

   2. (B) in combination with one (1) or more similar reactors if additional reactors are, or become, necessary;

      at a single site; and

3. (3) is required to be licensed by the United States Nuclear Regulatory Commission.

   The term includes a nuclear reactor that is described in this section and that uses a process to produce hydrogen that can be used for energy storage, as a fuel, or for other uses.

As added by P.L.217-2025, SEC.1.