Req. No. 1676 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 STATE OF OKLAHOMA 1st Session of the 60th Legislature (2025) COMMITTEE SUBSTITUTE FOR SENATE BILL 131 By: Burns COMMITTEE SUBSTITUTE An Act relating to nuclear energy; defining terms; requiring certain notice and report to the Corporation Commission prior to retirement of a coal - fired electric generation facility; specifying contents of certain report; requiring issuance of final order by the Commission for replacement findings; directing rule promulgation; authorizing an entity to construct a nuclear power plant under certain circumstances; requiring entity to establish secondary facility for certain purpose within certain postal code; requiring certain entity to submit letter of intent and application to the Department of Environmental Quality; establishing application contents; providing for codification; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF THE STATE OF O KLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 158 of Title 17, unless there is created a duplication in numbering, reads as fo llows: A. As used in this act: 1. “Advanced nuclear reactors ” means nuclear reactors, including small modular reactors or any necessary ancillary facilities or structures, that are authorized by the United States Req. No. 1676 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 Nuclear Regulatory Commission and the Department of Environmental Quality as prescribed in Se ction 2 of this act; and 2. “Retire” means the closure of or the complete and permanent cessation of operations at an electric generation facility. B. 1. If an electric utility doing business in this s tate elects to retire a coal -fired electric generation facility, the utility shall submit a written notice and report to the Corporation Commission, in the form and manner prescribed by the Commission, of the retirement and disclose any preliminary plans regarding the replacement of the coal -fired electric generation facility. The notice and report shall include a cost study of replacement options for the coal-fired electric generation facility. 2. The electric utility shall prioritize the replacement of the coal-fired electric generation facility with an advanced nuclear reactor or a natural gas -powered electric generation facility. If the utility does not intend to replace the facility with an advanced nuclear reactor or a natural gas -powered electric generation facility, the utility shall submit in writ ing the reasoning and evidence supporting the findings of the utility. The Corporation Commission shall issue a final order approving or disapproving the replacement option submitted for a retiring coal -fired electric generation facility. C. If an electric utility intends to establish an advanced nuclear reactor, either through the retirement of a coal -fired Req. No. 1676 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 electric generation facility or other means, the utility shall comply with the provisions of Section 2 of this act. D. The Corporation Commission sh all promulgate rules to effectuate the provisions of this section. SECTION 2. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 2 -7-501 of Title 27A, unless there is created a duplication in numbering, reads as follows: A. For the purposes of this section, “qualified entity” or “entity” means an entity that has complied with federal and state requirements for constructing a nuclear power plant and has had its application approved by the Department of En vironmental Quality pursuant to this section. An entity that seeks to construct a nuclear power plant in this state shall be deemed a qualified entity under this section provided that the entity follows the regulations and guidance of the United States Nuclear Regulatory Commission and is granted the necessary licenses under 10 C.F.R., Part 50. B. The Department of Environmental Quality and the Corporation Commission shall promulgate rules in accordance with federal regulations for the purpose of creating a regulatory environment for a qualifying entity to construct a nuclear power plant. C. 1. An entity seeking to construct a nuclear power plant under this section shall also construct a facility, eithe r at the plant location or within the same five -digit zip code of the Req. No. 1676 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 proposed plant location, with sufficient capacity to receive the spent fuel from the plant. 2. An entity seeking to construct a nuclear power plant under this section shall, in a form to be prescribed by the Department, submit a letter of intent to construct the plant and facility and an application for approval of the construction. T he application shall include but not be limited to: a. the projected dates for beginning and completing construction, b. the location of the proposed nuclear power plant and facility, c. copies of any applications, correspondence, or forms submitted in accordance with the requirements of the United States Nuclear Regulatory Commission, d. any statistics or information conveying the cost - effectiveness, efficie ncy, and energy-saving potential of the proposed facility, and e. any other information deemed neces sary by the Department for approval. D. The Department shall promulgate any rules necessary to effectuate the provisions of this section. SECTION 3. This act shall become effective November 1, 2025. 60-1-1676 RD 2/17/2025 9:55:06 AM