Sec. 4. As used in this chapter, "small modular nuclear reactor" means a nuclear reactor that:
(1) has a rated electric generating capacity of not more than four hundred seventy (470) megawatts;
(2) is capable of being constructed and operated, either:
(A) alone; or
(B) in combination with one (1) or more similar reactors if additional reactors are, or become, necessary;
at a single site; and
(3) is required to be licensed by the United States Nuclear Regulatory Commission.
The term includes a nuclear reactor that is described in this section and that uses a process to produce hydrogen that can be used for energy storage, as a fuel, or for other uses.