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flag Indiana's House Bill 1007 seeks to accelerate energy project approvals and support nuclear reactor manufacturers.

flag Indiana's House Bill 1007, now headed to Governor Mike Braun, aims to boost energy generation by expediting approvals for large customers like data centers and creating cost recovery mechanisms for utilities. flag It requires utilities to annually report planned resource generating capacity. flag The bill retains a 20% sales tax credit for manufacturers of small modular nuclear reactors, though initial provisions for utilities were removed. flag Critics worry the tax credit could cost taxpayers up to $280 million.

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