2024 House Bill 5606

Energy: nuclear; definition of advanced nuclear reactors; provide for.

A bill to amend 1939 PA 3, entitled “An act to provide for the regulation and control of public and certain private utilities and other services affected with a public interest within this state; to provide for alternative energy suppliers and certain providers of electric vehicle charging services; to provide for licensing; to include municipally owned utilities and other providers of energy under certain provisions of this act; to create a public service commission and to prescribe and define its powers and duties; to abolish the Michigan public utilities commission and to confer the powers and duties vested by law on the public service commission; to provide for the powers and duties of certain state governmental officers and entities; to provide for the continuance, transfer, and completion of certain matters and proceedings; to abolish automatic adjustment clauses; to prohibit certain rate increases without notice and hearing; to qualify residential energy conservation programs permitted under state law for certain federal exemption; to create a fund; to encourage the utilization of resource recovery facilities; to prohibit certain acts and practices of providers of energy; to allow for the securitization of stranded costs; to reduce rates; to provide for appeals; to provide appropriations; to declare the effect and purpose of this act; to prescribe remedies and penalties; and to repeal acts and parts of acts,” by amending section 10h (MCL 460.10h), as amended by 2023 PA 245.

AI Analysis – Experimental

HB 5606 amends the 1939 PA 3 to include advanced nuclear reactor technologies and updates several definitions related to utilities and energy services, contingent upon the passage of additional related bills.

HB 5607 creates a program to provide grants to graduates employed at nuclear or hydrogen electric generation facilities, funded by a newly established state treasury fund, with specific application timelines and annual reporting requirements.

HB 5608 creates the "nuclear and hydrogen education grant program act," granting financial incentives for post-secondary graduates to obtain accreditation and work in the nuclear and hydrogen energy industries.

HB 5609 establishes a fund to support grants for postsecondary schools in Michigan to develop or expand programs related to the nuclear and hydrogen industries, with the fund managed by the state treasury and overseen by the Department of Energy, Communications, and Technology.