HR 4934 · 100th Congress · Energy

Uranium Revitalization, Tailings Reclamation and Enrichment Act of 1988

Introduced 1988-06-28· Sponsored by Rep. Richardson, Bill [D-NM-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Subcommittee Hearings Held.(1988-10-07)

Plain Language Summary

[AI summary unavailable — showing source text] Title I: Introduction - Uranium Revitalization, Tailings Reclamation and Enrichment Act of 1988 - Expresses the purposes of this Act, including to ensure a domestic supply of uranium for defense and nuclear power programs and to establish a system for financing reclamation at uranium and thorium processing sites. Title II: Uranium Revitalization - Amends the Atomic Energy Act of 1954 to repeal: (1) the authority of the Nuclear Regulatory Commission to enter into contracts for producing or enriching special nuclear material; and (2) the requirement that the Secretary of Energy monitor the viability of the domestic uranium mining and milling industry and report to the Congress thereon. Establishes the Uranium Revitalization Fund for the purchase of domestic uranium by the Secretary of Energy (the Secretary). Mandates contributions to the Fund from: (1) States in which active uranium processing sites are located; (2) owners or licensees of such active sites; (3) the United States Enrichment Corporation (established by this Act); and (4) fees received from owners or operators of civilian nuclear power reactors. Prescribes a contribution schedule. Requires the Secretary to obligate from…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat