1.1 	A bill for an act
1.2 	relating to energy; requiring an advanced nuclear study; requiring a report; 
1.3 	appropriating money.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. ADVANCED NUCLEAR STUDY.
 1.6 		Subdivision 1.Study required. (a) The commissioner of commerce must conduct a 
1.7 	study evaluating the potential costs, benefits, and impacts of advanced nuclear technology 
1.8 	reactor power generation in Minnesota.
1.9 	(b) At a minimum, the study must address the potential costs, benefits, and impacts of 
1.10 	advanced nuclear technology reactor power generation on:
1.11 	(1) Minnesota's greenhouse gas emissions reduction goals under the Next Generation 
1.12 	Energy Act, Laws 2007, chapter 136;
1.13 	(2) system costs for ratepayers;
1.14 	(3) system reliability;
1.15 	(4) the environment;
1.16 	(5) local jobs; and
1.17 	(6) local economic development.
1.18 	(c) The study must also evaluate:
1.19 	(1) current Minnesota statutes and administrative rules that would require modifications 
1.20 	in order to enable the construction and operation of advanced nuclear reactors; and
2.1 	(2) the economic feasibility of replacing coal-fired boilers with advanced nuclear reactors, 
2.2 	while accounting for the avoided costs that result from the closure of coal-fired plants.
2.3 		Subd. 2.Report. The commissioner of commerce must submit the results of the study 
2.4 	under subdivision 1 to the chairs and ranking minority members of the legislative committees 
2.5 	having jurisdiction over energy finance and policy no later than January 31, 2024.

2.6 	Sec. 2. APPROPRIATION.
 2.7 	$150,000 in fiscal year 2024 is appropriated from the general fund to the commissioner 
2.8 	of commerce to conduct the study and develop the report under section 1. This is a onetime 
2.9 	appropriation.