1. Short title This Act may be cited as the Advanced Nuclear Feasibility Act . 2. Sense of Congress It is the sense of Congress that Congress— (1) recognizes the importance of developing, licensing, and deploying innovative nuclear energy technology, such as advanced nuclear reactors; (2) acknowledges the vast deployment potential of advanced nuclear technology over the next several decades; (3) understands the immensely beneficial impact of building and deploying advanced nuclear reactors; and (4) seeks to provide Federal support in promoting the use of nuclear energy throughout the United States. 3. Advanced nuclear reactor feasibility study grant program (a) Establishment The Secretary shall establish a program to award grants on a competitive basis to eligible entities to conduct feasibility studies for the siting, construction, and operation of advanced nuclear reactors. (b) Eligible entity (1) Entities To be eligible to receive a grant under the program, an applicant shall be— (A) an institution of higher education located in a State or territory described in paragraph (2); (B) a private individual or company, including the owner or operator of an airport, port, or hospital, located in a State or territory described in paragraph (2)