Price-Anderson Amendments Act of 1987

[AI summary unavailable — showing source text] Price-Anderson Amendments Act of 1987 - Title I: Liability for Production and Utilization Facilities - Amends the Atomic Energy Act of 1954 to provide that the amount of financial protection required of licensees of facilities having a rated capacity of 100,000 electrical kilowatts or more shall be the maximum amount available at reasonable cost. Limits the maximum deferred premium that may be charged following a nuclear incident to $10,000,000 per year, per incident, for each facility required to maintain the maximum amount of primary financial protection. Establishes procedures to be followed by the Nuclear Regulatory Commission (NRC) in borrowing funds from the Treasury to compensate victims of a nuclear incident if the NRC is liable for any deferred premiums, or if damages in any year exceed the amount available to pay claims. Precludes such borrowed funds from being used to pay any cost of investigating or settling claims, or defending suits for damages. Extends from August 1, 1987, to August 1, 1997, the period in which NRC will indemnify licensees from public liability in excess of the level of financial protection required of them. Directs the Secretary of Energy to enter i…