ENGR. H. B. NO. 1375 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 ENGROSSED HOUSE BILL NO. 1375 By: Boles, Dollens and Luttrell of the House and Burns of the Senate [ nuclear energy - Oklahoma Nuclear Energy Feasibility Study Act of 2025 - Oklahoma Corporation Commission - consulting firm – technical and legal feasibility study - report - compensation - guidelines - noncodification - codification – emergency ] BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law not to be codified in the Oklahoma Statutes reads as follows: This act shall be known and may be cited as the "Oklahoma Nuclear Energy Feasibility Study Act of 2025". ENGR. H. B. NO. 1375 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 SECTION 2. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Sect ion 803.1 of Title 17, unless there is created a duplication in numbering, reads as follows: A. Within ninety (90) days after the passage and approval of this act, the Oklahoma Corporation Commission shall start the process to engage an outside consulting firm to provide the service of conducting a technical and legal feasibility study on promoting nuclear energy generation in this state. This engagement shall be exempt from the state procurement process and shall follow the Corporation Commission's proce ss to retain expert witnesses on behalf of the Commission to ensure the ability to timely conduct the study and complete the requirements of this section. B. The consulting firm shall be well -established in the nuclear energy industry. C. The feasibility study shall consider the following: 1. The advantages and disadvantages of nuclear energy generation in this state, including, but not limited to, the economic and environmental impact; 2. Ways to maximize the use of workers who reside in this state and products made in this state in the construction of nuclear energy generation facilities; 3. Evaluations, conclusions, and recommendations on the following: ENGR. H. B. NO. 1375 Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 a. design characteristics and evaluation, including specific recommendations of optimal designs ba sed on site characteristics and possible industrial uses, b. environmental and ecological impacts, c. land and siting criteria, including specific areas that are best suited for new nuclear energy generation based on the land and siting criteria, as well a s cities near military bases that may use nuclear electric generation to meet the military resiliency requirements of 10 U.S.C., Section 2920, d. safety criteria, e. engineering and cost -related criteria, and f. small modular nuclear reactor and microreact or capability; 4. Socioeconomic assessment and impact analysis, including, but not limited to, the following: a. workforce education, training, and development, b. local and state tax base, c. supply chains, and d. permanent and temporary job creation; 5. The timeline for development, including areas of potential acceleration or efficiencies and leveraging existing facilities within this state; ENGR. H. B. NO. 1375 Page 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 6. Literature review of studies that have assessed the potential impact of nuclear energy generation; and 7. Assessment and recommendation of current and future policies that may be needed to support or accelerate the adoption of nuclear energy generation or may improve its cost -effectiveness, including a survey of federal programs and other methods that could fin ancially assist a nuclear project in the state. D. The Oklahoma Corporation Commission, state public utilities, cooperatives, and municipally owned utilities shall cooperate in providing information relevant to the feasibility study, as needed, subject to notifications to stakeholders and reasonable safeguards to protect confidential information from being made public. E. Not later than nine (9) months after the effective date of this act, the Oklahoma Corporation Commission shall deliver a written report on the feasibility study to the Governor, and the President Pro Tempore of the Oklahoma State Senate and the Speaker of the Oklahoma House of Representatives who shall forward the report to the appropriate committees. SECTION 3. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 803.2 of Title 17, unless there is created a duplication in numbering, reads as follows: The Oklahoma Corporation Commission shall be authorized to retain, negotiate with, and ex pend an amount not to exceed Three Hundred Seventy-five Thousand Dollars ($375,000.00) or so much ENGR. H. B. NO. 1375 Page 5 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 thereof as may be necessary to provide compensation to the consulting firm as required by this act. In the event the Oklahoma Corporation Commission is unable to hire a consulting firm to complete the feasibility study for the budgeted amount allowed in this section, the Oklahoma Corporation Commission is authorized to conduct a notice of inquiry and utilize the information received from the stakeholders in con junction with the consulting firm to reduce the cost of gathering information for the purpose of the study and report. SECTION 4. It being immediately necessary for the preservation of the public peace, health or safety, an emergency is he reby declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval. Passed the House of Representatives the 4th day of March, 2025. Presiding Officer of the House of Representatives Passed the Senate the ___ day of __________, 2025. Presiding Officer of the Senate