Proposing a constitutional amendment to create the Texas nuclear development fund for advanced nuclear reactor projects.

This bill proposes a constitutional amendment to establish the Texas nuclear development fund, a special fund outside the general fund, to support the development, construction, and operation of advanced nuclear reactor projects. The fund will consist of money credited, appropriated, or transferred by the legislature, dedicated revenue, and investment returns. The fund's assets will be managed by an entity, with expenses paid from the fund. The legislature can transfer money to the general revenue fund and appropriate general revenue for the fund.

Proposing a constitutional amendment to create the Texas nuclear development fund for advanced nuclear reactor projects.

This bill proposes a constitutional amendment to establish the Texas nuclear development fund, a special fund outside the general fund, to support the development, construction, and operation of advanced nuclear reactor projects. The fund will consist of money credited, appropriated, or transferred by the legislature, dedicated revenue, and investment returns. The fund's assets will be managed by an entity, with expenses paid from the fund. The legislature can transfer money to the general revenue fund and appropriate general revenue for the fund.