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Indiana Code Title 6. Taxation § 6-3.1-45-4

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 4. As used in this chapter, “small modular nuclear reactor” means a nuclear reactor that:

(1) has a rated electric generating capacity of not more than four hundred seventy (470) megawatts;

(2) is capable of being constructed and operated, either:

(A) alone;  or

(B) in combination with one (1) or more similar reactors if additional reactors are, or become, necessary;

at a single site;  and

(3) is required to be licensed by the United States Nuclear Regulatory Commission.

The term includes a nuclear reactor that is described in this section and that uses a process to produce hydrogen that can be used for energy storage, as a fuel, or for other uses.

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Cite this article: FindLaw.com - Indiana Code Title 6. Taxation § 6-3.1-45-4 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-6-taxation/in-code-sect-6-3-1-45-4/

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