Braun administration, Eli Lilly to collaborate on nuclear power development

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  1. Bravo Eli Lilly.

    Who can answer these questions:

    (1) Does Public Law 217 (which began as HB 1007 in the 2025 legislative session) require that an SMR, or set of SMRs, be controlled by a regulated utility in order to receive the 20% tax credit for investing in SMRs? In other words, is Lilly precluded from getting the tax credit for building its own generating capacity UNLESS they suffer the involvement of a regulated utility?

    (2) Are there any other laws that preclude Lilly from building its own generating capacity and supplying power to the transmission grid as unregulated “merchant power”?

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