Nuclear Waste Policy Amendments of 1987

[AI summary unavailable — showing source text] Nuclear Waste Policy Amendments of 1987 - Prohibits the expenditure of funds for any nuclear waste site characterization activities before the Federal Radioactive Waste Agency (established by this Act) has nominated sites for selection as repositories. Establishes the Federal Radioactive Waste Agency as an independent instrumentality within the executive branch. Establishes a Director of such Agency. Requires an annual report to the Congress regarding Agency activities and expenditures. Outlines the staffing and functions of the Agency. Directs the Comptroller General to make annual audits of the Agency. Repeals specified repository siting guidelines issued by the Department of Energy. Requires the Director to: (1) issue revised guidelines for the recommendation of repository sites; (2) nominate at least five sites considered suitable for characterization within 18 months after such revised guidelines are issued; (3) recommend to the President at least three sites as candidate sites; and (4) issue an environmental assessment for each such site. Provides that if the President approves certain candidate sites in an order other than the order in which such sites were ranked, then no s…