LD343

Maine LD343 mandates the Public Utilities Commission to annually request bids for establishing a small modular nuclear reactor in the state.

Maine LD343 requires the Public Utilities Commission to annually issue requests for proposals for the establishment of a small modular nuclear reactor in the state. These requests, made by October 1st each year, seek information on costs, location, and operational details. The bids are non-binding but inform potential contracts. The commission must report annually to the Legislature's joint standing committee on energy and utility matters. The law will be repealed once the state accepts a bid for a small modular nuclear reactor, with the commission notifying the Revisor of Statutes.