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New Jersey bill creates Micro-Reactor Incentive Act to fund small modular nuclear reactors

Original title: "Micro-Reactor Incentive Act"; directs BPU to request proposals to construct micro nuclear reactors in State.

Last action · October 19, 2026: Introduced in the Senate, Referred to Senate Environment and Energy CommitteeSponsor: Carmen Amato

Companion · A 5726same policy, Assembly version
Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Would Do

The bill directs the Board of Public Utilities to establish a competitive solicitation program to award financial incentives for constructing micro nuclear reactors in the State. Under the measure, developers would receive per-megawatt-hour payments funded by the , and construction workers would be guaranteed prevailing wages.

Why it matters

The bill establishes a state-backed financial subsidy for commercial micro nuclear reactor projects using funds previously allocated for low-income energy programs and electric vehicle incentives, while setting bidding criteria and administrative fees for developers.

Background
  • The Board of Public Utilities is New Jersey's regulatory agency responsible for overseeing utility services, rates, and energy programs. context
  • The Global Warming Solutions Fund serves as the repository for auction proceeds collected by the State under the Regional Greenhouse Gas Initiative (RGGI). context

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

Board of Public Utilities

The Board of Public Utilities is required to develop a competitive solicitation program, conduct bidding rounds, establish fee and bid thresholds, consult on facility siting, and submit a four-year implementation report.

Directly affected

micro-reactor developers

Micro-reactor developers are eligible to submit bids in competitive solicitations, receive per-megawatt-hour incentive payments, post escrow fees, and pay annual administrative fees.

Directly affected

construction workers on micro-reactor projects

Construction workers employed during the building of selected micro-reactors must be paid at least the prevailing wage rate for their craft or trade.

Directly affected

electricity customers

Ratepayers may experience changes in electricity program funding as 20 percent of the Global Warming Solutions Fund is made available to support micro-reactor incentive payments.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What is a micro-reactor under this bill?
A is defined as a nuclear fission reactor that has a rated electric generating capacity of not more than 20 megawatts, is capable of being constructed and operated either alone or in combination with similar reactors at a single site, and is required to be licensed by the United States Nuclear Regulatory Commission.
How will the micro-reactor incentive program be funded?
Incentive payments may be funded using moneys from the '', specifically through a re-allocation of 20 percent of the fund managed by the Board of Public Utilities.
Are there wage requirements for workers building these micro-reactors?
Yes, each worker employed during the construction of a selected must be paid not less than the prevailing wage rate for their craft or trade as determined by the Commissioner of Labor and Workforce Development.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently in committee. The next step in the legislative lifecycle is Floor Vote.

Procedural history

1 action
  1. Oct 19, 2026SenateIntroduced
    Introduced in the Senate, Referred to Senate Environment and Energy Committee

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift100% confidence

Expansion of Global Warming Solutions Fund to Nuclear Incentive

The legislation amends P.L.2007, c.340 to allow moneys from the Global Warming Solutions Fund—previously dedicated to low-income energy programs and electric vehicle incentives—to fund nuclear micro-reactor incentives.

Connected Entities

State Comptroller, University of Illinois Urbana-Champaign, Department of Environmental Protection and 6 more
OrganizationState Comptroller“Conducts or supervises independent audit and fiscal oversight functions of the G”Map →
OrganizationUniversity of Illinois Urbana-Champaign“Working with the U.S. Air Force on a proposed research reactor.”Map →
OrganizationDepartment of Environmental Protection“Consulted by the Board of Public Utilities regarding the siting of micro-reactor”Map →
OrganizationUnited States Air Force“Conducting a feasibility study of a proposed micro-reactor at Joint Base Anacost”Map →
OrganizationBoard of Public Utilities“State board directed to develop the micro-reactor competitive solicitation progr”Map →
PersonCarmen F. Amato, Jr.“Primary sponsor of Senate Bill No. 4849, representing District 9 (Ocean).”Map →
OrganizationNew Jersey Economic Development Authority“Receives allocations from the Global Warming Solutions Fund for grants and finan”Map →
OrganizationUnited States Nuclear Regulatory Commission“Federal agency required to license micro-reactors.”Map →
OrganizationDepartment of Labor and Workforce Development“Commissioner determines the prevailing wage rate for workers employed during mic”Map →

Sources

Open source document

njleg.state.nj.us

Analysis Score

0–100
  • Significance75
    How much this matters to a regular citizen
  • Controversy60
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz45
    Current news / social attention level

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