1. (a) 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.

2. (b) The term includes a nuclear reactor that:

   1. (1) is described in subsection (a); and

   2. (2) uses a process to produce hydrogen that can be used:

      1. (A) for energy storage;
      2. (B) as a fuel; or
      3. (C) for other uses.

As added by P.L.155-2022, SEC.4. Amended by P.L.33-2023, SEC.2.