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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”?