Specifies that prior SADC approval is not required in order to authorize construction, installation, or operation of biomass, solar, or wind energy generating facilities, structures, or equipment on farmland preservation exception areas.
Provides for allocation of $300 million from available balances collected from societal benefits charge and Global Warming Solutions Fund revenues for grants for construction of small modular nuclear reactors.
Establishes additional factors for municipal adjustment used in calculating fair share affordable housing obligations; provides population-based cap for housing obligations.
Requires certain State agencies to establish expedited approval and permitting procedures for artificial intelligence data centers powered by small modular nuclear reactors.
Excludes passenger and freight rail projects from purposes for which revenue from increase in petroleum products gross receipts tax revenue may be used.