Req. No. 1055 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 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 1st Session of the 60th Legislature (2025) SENATE BILL 130 By: Burns AS INTRODUCED An Act relating to the Corporation Commission; defining terms; directing Commission to enact certain requisition; specifying terms of requ isition; providing for preference of certain acquisition; prescribing contents of study; directing publishing and transmission of study by certain date; making an appropriation; stating purpose; providing for codification; and declaring an emergency . BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 803 of Title 17, unless there is created a duplication in numbering, reads as fo llows: A. 1. Not later than thirty (30) days after the effective date of this act, the Corporation Commission shall submit a requisition pursuant to Section 85.1 et seq. of Title 74 of the Oklahoma Statutes to contract with an outside consulting firm to conduct a technical and legal feasibility study on nuclear energy generation in this state. 2. The submitted requisition shall require the contract be awarded to an outside consulting firm that has: Req. No. 1055 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 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. professional experience consulting on nuclear energy projects, b. a significant portion of its revenue earned from nuclear energy project licensing, and c. experience in submitting and obtaining regulatory permissions for new reactor designs and licenses under 10 C.F.R., Part 52. 3. If the price, fitness, a vailability, and quality are otherwise equal, acquisition preference shall be given to consulting firms that have at least forty percent (40%) of their assets owned by one or more military veterans and are managed by military veterans as defined by 38 U.S.C., Section 101(2). B. The feasibility study shall evaluate and consider: 1. Advantages and disadvantages of generating nuclear energy in this state, including, but not limited to, the economic and environmental impacts; 2. Methods to maximize existing workforce and products made in this state for the construction of nuclear ener gy generation facilities; 3. Design characteristics, including recommendations for design specification and site selection; 4. Environmental and ecological impacts; 5. Land and siting criteria, including specific geographic areas that are best suited for new nuclear generation; Req. No. 1055 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 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. Safety criteria; 7. Engineering and cost -related information; 8. Small modular nuclear reactor and microreactors capability; and 9. Socioeconomic factors, including, but not limited to: a. workforce education, training, and development, b. local and state tax base, c. supply chain capability, d. permanent and temporary job creation, e. timeline for development, including areas of potential efficiencies, and potential leveraging of existing facilities within this state, f. benefits that may be gained by coordinating with other clean energy technologies, including, but not limited to, hydrogen, direct air capture of carbon dioxide, and energy storage, g. literature review of studies that have assessed the potential impact of nu clear energy generation in supporting an energy transition, and h. policy recommendations to support nuclear energy generation, including a survey of federal programs to financially assist the development of a nuclear project in this state. Req. No. 1055 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 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 C. The Corporation Commission in conjunction with retail electric suppliers and municipally owned electric utilities shall cooperate in providing information relevant to the feasibility study, providing for reasonable safeguards to protect confidential information. D. Not later than nine (9) months after the effective date of this act, the Corporation Commission shall electronically deliver the feasibility study findings to the President Pro T empore of the Senate, the Speaker of the House of Representatives, and the Governor. SECTION 2. There is hereby appropriated to the Corporation Commission from any monies not otherwise appropriated from the General Revenue Fund of the Stat e Treasury for the fiscal year ending June 30, 2024, the sum of Three Hundred Seventy-five Thousand Dollars ($375,000.00) or so much thereof as may be necessary to perform the feasibility study as provided for in Section 1 of this act. SECTION 3. It being immediately necessary for the preservation of the public peace, health or safety, an emergency is hereby declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval. 60-1-1055 RD 12/27/2024 1:41:06 PM