House Committee of Reference Report
Committee on Energy & Environment
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All text that will be removed from the bill will be indicated by strikethrough as follows:
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This is text that is removed from law. -
Text that is added to a bill will be indicated by either all capitals or bold & italic as follows:
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April 30, 2026
After consideration on the merits, the Committee recommends the following:
HB26-1337 be amended as follows, and as so amended, be referred to the Committee on Appropriations with favorable recommendation:
Page 1, Line 1Amend printed bill, page 2, line 5, after "ADVANCED" insert
Page 1, Line 2"NUCLEAR".
Page 1, Line 3Page 3, strike lines 19 and 20 and substitute:
Page 1, Line 4"(3) "Developer" means a person that seeks to own or
Page 1, Line 5operate a nuclear energy project.".
Page 1, Line 6Page 3, strike lines 26 and 27 and substitute:
Page 1, Line 7"(6) "Office" means the advanced nuclear energy
Page 1, Line 8development and technical assistance office created in section
Page 1, Line 924-38.5-603.".
Page 1, Line 10Page 4, strike lines 3 through 5 and substitute:
Page 1, Line 11"24-38.5-603. Advanced nuclear energy development and
Page 1, Line 12technical assistance office - creation - duties.
Page 1, Line 13(1) There is created in the Colorado energy office the
Page 1, Line 14advanced nuclear energy development and technical assistance
Page 1, Line 15office.
Page 1, Line 16(2) The director of the Colorado energy office shall
Page 1, Line 17appoint the director of the office.".
Page 1, Line 18Renumber succeeding subsections accordingly.
Page 1, Line 19Page 4, after line 21 insert:
Page 1, Line 20
Page 2, Line 1"(5) The office shall coordinate only with a local
Page 2, Line 2government that responds to the request for information
Page 2, Line 3solicited by an investor-owned utility pursuant to section
Page 2, Line 440-2-140 (2)(a)(I).".
Page 2, Line 5Renumber succeeding subsection accordingly.
Page 2, Line 6Page 5, line 9, strike "(3)(a)(II)(B)" and substitute "(6)(a)(II)(B)".
Page 2, Line 7Page 5, after line 17 insert:
Page 2, Line 8"(7) Any nuclear energy planning framework or other
Page 2, Line 9regulatory requirements related to the development or
Page 2, Line 10deployment of nuclear energy technology by a developer in the
Page 2, Line 11state must include requirements that a project that is an energy
Page 2, Line 12sector public works project, as defined in section 24-92-303 (5),
Page 2, Line 13comply with the state prevailing wage set forth in part 3 of
Page 2, Line 14article 92 of this title 24 and the apprenticeship utilization
Page 2, Line 15requirements set forth in section 24-92-115 (7) and is subject to
Page 2, Line 16the requirements set forth in sections 24-92-305 to 24-92-307.
Page 2, Line 1724-38.5-604. Advanced nuclear energy development fund -
Page 2, Line 18creation - annual fee.
Page 2, Line 19(1) The advanced nuclear energy development fund is
Page 2, Line 20created in the state treasury. The fund consists of money
Page 2, Line 21credited to the fund pursuant to subsection (4)(b) of this section
Page 2, Line 22and any other money that the general assembly may appropriate
Page 2, Line 23or transfer to the fund.
Page 2, Line 24(2) The state treasurer shall credit all interest and
Page 2, Line 25income derived from the deposit and investment of money in the
Page 2, Line 26fund to the fund.
Page 2, Line 27(3) Money in the fund is continuously appropriated to the
Page 2, Line 28office for providing:
Page 2, Line 29(a) Technical assistance to an investor-owned utility
Page 2, Line 30that is a developer to avoid regulatory delays and regulatory
Page 2, Line 31obstacles; and
Page 2, Line 32(b) Expert staff capacity on advanced nuclear
Page 2, Line 33technology, siting, and permitting.
Page 2, Line 34(4) (a) An investor-owned utility that is a developer shall
Page 2, Line 35pay to the office an annual fee. The amount of the fee is
Page 2, Line 36determined by the director of the office, not to exceed one
Page 2, Line 37million one hundred and fifty thousand dollars.
Page 2, Line 38(b) The office shall deposit the annual fee into the fund.".
Page 2, Line 39
Page 3, Line 1Page 5, strike lines 24 and 25 and substitute:
Page 3, Line 2"(a) "Developer" means a person that seeks to own or
Page 3, Line 3operate a nuclear energy project.
Page 3, Line 4(b) "Just transition community" has the same meaning as
Page 3, Line 5"coal transition community", as defined in section 8-83-502 (1).".
Page 3, Line 6Reletter succeeding paragraphs accordingly.
Page 3, Line 7Page 6, strike lines 4 and 5 and substitute:
Page 3, Line 8"(e) "Office" means the advanced nuclear energy
Page 3, Line 9development and technical assistance office created in section
Page 3, Line 1024-38.5-603.".
Page 3, Line 11Page 6, line 7, strike "customers shall:" and substitute "customers:".
Page 3, Line 12Page 6, line 8, after "2027," insert "shall".
Page 3, Line 13Page 6, line 9, strike "communities and".
Page 3, Line 14Page 6, line 11, after "2027," insert "shall".
Page 3, Line 15Page 6, line 15, strike "Identify," and substitute "May identify,".
Page 3, Line 16Page 6, line 25, after "projects," insert "shall".
Page 3, Line 17Page 7, strike line 1 and substitute "117-169, or a just transition
Page 3, Line 18community; and".
Page 3, Line 19Page 7, line 2, after "practicable," insert "shall".
Page 3, Line 20Page 7, line 10, strike "may" and substitute "shall".
Page 3, Line 21Page 7, line 11, strike "shall approve," and substitute "may approve,
Page 3, Line 22modify, or deny,".
Page 3, Line 23Page 7, line 15, after "state." add "Commission approval of an
Page 3, Line 24application confers a rebuttable presumption of prudence for
Page 3, Line 25actions consistent with the commission-approved application.".
Page 3, Line 26Page 8, strike line 1 and substitute "(6)(a)(II)(B)".
Page 3, Line 27
Page 4, Line 1Page 8, line 4, strike "24-38.5-603 (3)(a)(II)(B)." and substitute
Page 4, Line 2"24-38.5-603 (6)(a)(II)(B).".
Page 4, Line 3Page 8, after line 10 insert:
Page 4, Line 4"(5) An investor-owned utility that is a developer earns
Page 4, Line 5a weighted average cost of capital return on any deferred
Page 4, Line 6expenditures and may recover any annual fee paid to the office
Page 4, Line 7pursuant to section 24-38.5-604 (4)(a) in the same manner as study
Page 4, Line 8expenditures.".