Italy's governing coalition advanced a framework bill on sustainable nuclear energy through the Chamber of Deputies in early June 2026, delegating regulatory powers for small modular reactors, safety standards, waste management, and a new nuclear authority. The measure then moved to the Senate with initial expectations of approval before the summer recess. As of mid-August, parliamentary calendars, procedural sequencing, and competing legislative priorities have delayed final passage, leaving limited sessions before the August 31 deadline. Traders assign a 98.4% probability to "No" because August typically features reduced Senate activity and the bill lacks an expedited track. Late-session acceleration or an extraordinary sitting could still alter the outcome if coalition discipline holds and no competing amendments intervene.