Advanced nuclear projects could get federal help for unexpected costs.
This bill would set up a new federal program to help advanced nuclear energy projects pay for unexpected construction costs. It would allow for up to $3.6 billion to be set aside for certain cost overruns and offer improved loan terms. This aims to make building these projects more straightforward and predictable.
Today, advanced nuclear energy projects can get federal loan guarantees, but they lack specific tools to manage significant cost overruns and face limits on combining federal benefits. This bill would create a new federal account with permission to set aside up to $3.6 billion to help cover cost overruns beyond 120 percent of a project's estimate, up to $1.2 billion or 30 percent of the base cost. It would also allow loan guarantees up to 200 percent of a project's estimated cost and add new exceptions to the rule against combining federal benefits for certain partners.
S 3814 · 119th Congress · February 10, 2026 · AI Summary by gemini-2.5-flash · 10/10
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18 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.