(1)
(a) Subject to legislative appropriation, the council may use fund money to:
(i) facilitate electrical energy infrastructure development within the state, including:
- (A) transmission and distribution lines;
- (B) pipeline development;
- (C) energy storage facilities;
- (D) generation facilities;
- (E) related infrastructure;
- (F) to fund research, site selection, permitting, public outreach, and other activities related to the development of nuclear energy; and
- (G) district energy systems as defined in Section 79-6-602;
- (ii) provide matching funds for federal energy development grants;
- (iii) support energy workforce development programs;
- (iv) provide incentives for electrical energy development projects;
- (v) pay for administrative expenses related to the council's duties; and
- (vi) provide project financing and matching grants for entities participating in a campus as described in Section 79-6-1504.
- (b) Except as provided in Subsection (2), fund money derived from the radioactive waste facility expansion tax revenue collected under Section 59-24-103.8 is prioritized for activities related to the development of nuclear energy.
- (2) Subject to legislative appropriation, the Department of Environmental Quality created in Section 19-1-104 may use up to 10% of fund money derived from the radioactive waste facility expansion tax revenue collected under Section 59-24-103.8 for energy-related permitting reforms.
Amended by Chapter 379, 2026 General Session