ARIZONA HOUSE OF REPRESENTATIVES

57th Legislature, 2nd Regular Session

Majority Research Staff

House: RED DP 6-1-0-0 |APPROP DPA 10-7-0-1

HB 2388: appropriation; commerce authority; nuclear; study

Sponsor: Representative Martinez, LD 16

Caucus & COW

Overview

Appropriates an unspecified amount from the state General Fund (GF) in Fiscal Year (FY) 2027 to the Arizona Commerce Authority (ACA) to study the economic benefits of small modular reactors and data centers.

History

The ACA provides private sector leadership in growing and diversifying the economy of this state, creating high quality employment in this state through expansion, attraction and retention of businesses and marketing this state for the purpose of expansion, attraction and retention of businesses (A.R.S. § 41-1502).

Provisions

1. Appropriates an unspecified amount from the GF in FY 2027 to the ACA to conduct a study of the economic benefits of small modular reactors and data centers to this state and local governments. (Sec. 1)

2. Requires the study to include:

a. the number of direct and indirect full-time jobs created;

b. the amount of any state and local tax revenue increases from property, transaction privilege or income taxes;

c. broadband and infrastructure investments and improvements;

d. secondary and tertiary jobs and businesses created; and

e. any other economic benefits the Arizona commerce authority deems relevant. (Sec. 1)

3. Directs the ACA to submit a report of its finding to the Governor and the Legislature and make a copy of the report available on its website. (Sec. 1)

Amendments

Committee on Appropriations

1. Sets the appropriated amount to $100,000.

2. Adds the date of June 30, 2027, as to when the ACA must submit a report of its findings.

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6. Initials PB HB 2388

7. 2/2/2026 Page 0 Caucus & COW

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