SB 2967
Schwertner Bill Creates A Nuclear Energy Office And Dedicated Account
Died in committee
Verdict: Smells
Why it's charged
New fee, fund, board or appointees
THE TEXT
…“account within the general revenue fund administered by the office”…
Bill text, introduced version (I)
The bill creates a new office inside the Governor's office and a new dedicated account in general revenue for that office to administer. The caption openly says the bill is about funding mechanisms, so the new office and account are disclosed, not hidden.
New fee, fund, board or appointeesOn Nov 1, 2026 the editor checked the caption mismatch charge against the bill's caption and removed it.
Corrected Nov 1, 2026
Corrected Nov 1, 2026 · We checked this summary against the bill text and fixed it.
Reviewed · Nov 1, 2026 · Headline, summary and grade are analysis of the bill text, not a finding about any person · How we grade
Caption
relating to funding mechanisms to support the siting, development, construction, and deployment of advanced nuclear and innovative energy technologies in this state.
Caption from analyzed text · version I.
Summary
The governor’s office administers the account. Lawmakers can designate funds alongside gifts, grants and donations.
The bill creates a new Texas Advanced Nuclear and Innovative Energy Technologies Office inside the Governor's office and a dedicated account in general revenue that holds only gifts, grants, donations, and whatever money the Legislature later designates. The office may use that account to reimburse qualifying expenses for early siting and development and for construction of advanced nuclear reactor projects in Texas, and the text does not define qualifying expenses or put any money in the account. The Public Utility Commission must plan for the use of advanced nuclear reactors and receive the office's information on grant recipients, starting September 1, 2025.
Labels
Labels: PENDING FOREVER. Heard by the Senate Business & Commerce committee on Apr 8, 2025 and left pending. Never voted out. The bill died.
Receipt
The receipt
89R-SB2967 · 2025-03-14
SOLD BY
ITEM
relating to funding mechanisms to support the siting, development, construction, and deployment of advanced nuclear and innovative energy technologies in this state.
WHAT IT DOES
The governor’s office administers the account. Lawmakers can designate funds alongside gifts, grants and donations.
The bill creates a new Texas Advanced Nuclear and Innovative Energy Technologies Office inside the Governor's office and a dedicated account in general revenue that holds only gifts, grants, donations, and whatever money the Legislature later designates. The office may use that account to reimburse qualifying expenses for early siting and development and for construction of advanced nuclear reactor projects in Texas, and the text does not define qualifying expenses or put any money in the account. The Public Utility Commission must plan for the use of advanced nuclear reactors and receive the office's information on grant recipients, starting September 1, 2025.
CHARGES
[x] NEW FEE, FUND, BOARD OR APPOINTEESanalysis confidence 80%
THE TEXT
…“account within the general revenue fund administered by the office”…
Bill text, introduced version (I)
The bill creates a new office inside the Governor's office and a new dedicated account in general revenue for that office to administer. The caption openly says the bill is about funding mechanisms, so the new office and account are disclosed, not hidden.
TOTAL
LBB estimate, flow · fiscal note version I · ( ) = negative · source
Sources
Fiscal note · version I · April 7, 2025
Estimated Two-year Net Impact to General Revenue Related Funds for SB2967, As Introduced: a negative impact of ($2,083,397) through the biennium ending August 31, 2027. There would be an indeterminate cost related to the grant program authorized by the bill which would be dependent on the number of grant applications and appropriations made for this purpose. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
First year · FY 2026 · ($1,051,263)
Probable Net Positive/(Negative) Impact to General Revenue Related Funds
LBB published estimates · flow over the stated periods.
Source snapshot 2026-10-19, Central time.
HISTORY
- Received by the Secretary of the Senate
- Filed
- Read first time
- Referred to Business & Commerce
- Scheduled for public hearing on . . .
- Considered in public hearing
- Testimony taken in committee
- Left pending in committee
FILED UNDER
THE TEXT
…“may reimburse qualifying expenses associated with the construction”…
Bill text, introduced version (I)
The bill lets a state office use a dedicated account to reimburse undefined qualifying expenses for siting, development, and construction of advanced nuclear reactor projects.
GOVERNMENT GROWTH UNDER A CONSERVATIVE BANNER
THE TEXT
…“Innovative Energy Technologies Office is an office within the”…
Bill text, introduced version (I)
The bill creates a new office inside the office of the Governor to administer a nuclear reimbursement fund.
DATA CENTERS, WATER AND THE GRID
THE TEXT
…“commission shall plan for the use of advanced nuclear reactors in”…
Bill text, introduced version (I)
The bill directs the Public Utility Commission to plan for advanced nuclear reactors in Texas and sets up a state account to reimburse reactor project expenses.
THANK YOU FOR CHECKING THE RECEIPT
CAMPAIGN PAID FOR BY
CAMPAIGN PAID FOR BY
Donors
Donors report through Texans for Charles Schwertner.
Not tied to this bill.
Sources
The author's campaign account only. Own money and internal transfers are separate on the member page.
Derived itemized flow · Jul 1, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
MoneyMissing data does not establish zero giving. Display amounts are rounded.
Votes
No floor vote loaded for this bill.
Fiscal
LBB estimate, flow · fiscal note version I · ( ) = negative · source
Sources
Fiscal note · version I · April 7, 2025
Estimated Two-year Net Impact to General Revenue Related Funds for SB2967, As Introduced: a negative impact of ($2,083,397) through the biennium ending August 31, 2027. There would be an indeterminate cost related to the grant program authorized by the bill which would be dependent on the number of grant applications and appropriations made for this purpose. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
First year · FY 2026 · ($1,051,263)
Probable Net Positive/(Negative) Impact to General Revenue Related Funds
LBB published estimates · flow over the stated periods.
Source snapshot 2026-10-19, Central time.
How this was graded
Adversarial review by claude-fable-5-1 at high effort: Smells.
Analysis of text version I by claude-fable-5-1, Oct 21, 2026, against the published rubric.
Sources
Texas Senate · Filed Mar 14, 2025
04/08/2025 S Left pending in committee
Texas Legislature Online · Introduced
Data snapshot Nov 1, 2026 at 6:27 PM CST. Grades, charges, quotes and corrections follow the published record.
Senate committee · Business & Commerce · Final status: Died in committee
Subjects
Energy--Nuclear
Governor
Science & Technology
State Finances--Appropriations
Utilities--Electric
Utilities--General
PUBLIC UTILITY COMMISSION
Text
The text as introduced · 376 words
89R19861 TYPED By: Schwertner S.B. No. 2967 A BILL TO BE ENTITLED AN ACT relating to funding mechanisms to support the siting, development, construction, and deployment of advanced nuclear and innovative energy technologies in this state. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subtitle F, Title 4, Government Code, is amended by adding Chapter 483 to read as follows: CHAPTER 483. Texas Advanced Nuclear and Innovative Energy Technologies Act SUBCHAPTER A. GENERAL PROVISIONS Sec. 483.001. DEFININTIONS. In this chapter: (1) "Advanced nuclear reactor" means a range of proven and innovative nuclear reactor technologies. (2) "Advanced nuclear reactor fuel" means fuel for use in an advanced nuclear reactor or a research and test reactor. (3) "Commission" means the Public Utility Commission of Texas. (4) "Office" means the Texas Advanced Nuclear and Innovative Energy Technologies Office. SUBCHAPTER B. TEXAS ADVANCED NUCLEAR AND INNOVATIVE ENERGY TECHNOLOGIES OFFICE Sec. 483.101. (a) The Texas Advanced Nuclear and Innovative Energy Technologies Office is an office within the office of the Governor. (b) The purpose of the office is to support the development and deployment of advanced nuclear and innovative energy technologies in this state. SUBCHAPTER C. TEXAS ADVANCED NUCLEAR AND INNOVATIVE ENERGY TECHNOLOGIES FUND Sec. 483.201. (a) The Texas Advanced Nuclear and Innovative Energy Technologies Fund is created as a dedicated account within the general revenue fund administered by the office and used for the purposes authorized by this chapter. The fund consists of: (1) gifts, grants, or donations to the fund; and (2) money from any other source designated by the legislature. (b) The office shall provide the commission with information regarding grant recipients and funded projects. The commission shall plan for the use of advanced nuclear reactors in this state. Sec. 483.202. TIER 1 PROJECT DEVELOPMENT PROGRAM. (a) Using money in the fund established in section 483.201, the office may reimburse qualifying expenses associated with the early development and siting activities of an advanced nuclear project in this state. Sec. 483.203. TIER 2 PROJECT CONSTRUCTION PROGRAM. (a) Using money in the fund established in section 483.201, the office may reimburse qualifying expenses associated with the construction of an advanced nuclear reactor project in this state SECTION 2. This Act takes effect September 1, 2025.