ARIZONA HOUSE OF REPRESENTATIVES 57th Legislature, 2nd Regular Session Majority Research Staff
	House: RED DP 6-1-0-0 |APPROPS DPA 10-7-0-1

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HB 2388: appropriation; commerce authority; nuclear; study

Sponsor: Representative Martinez, LD 16

House Engrossed

Overview

Appropriates $100,000 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 $100,000 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 jobs created and the average annual salaries of those jobs;

b. the amount of any state and local tax revenue produced by the construction and operation of small modular reactors and data centers;

c. how small modular reactors and data centers could support increased local broadband and infrastructure investments and improvements;

d. the number and type of secondary and tertiary businesses that may relocate to areas anchored by modular reactors or data centers, the number of jobs that those businesses could create and the average annual salaries of those jobs; and

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

3. Directs the ACA to submit, by June 30, 2027, a report of its findings to the Governor and the Legislature and make a copy of the report available on its website. (Sec. 1)

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Initials PB                 HB 2388

2/24/2026        Page 0 House Engrossed

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