To amend the Atomic Energy Act of 1954 to require congressional approval of agreements for peaceful nuclear cooperation with foreign countries, and for other purposes.

[AI summary unavailable — showing source text] Amends the Atomic Energy Act of 1954 to require a joint congressional resolution of approval for a subsequent arrangement to an agreement for peaceful nuclear cooperation (section 123 agreement). (Under current law such an agreement becomes effective unless Congress disapproves it within a specified time period.) Directs the President to keep the House Committee on Foreign Affairs and the Senate Committee on Foreign Relations fully informed of any initiative or negotiations relating to a new or amended section 123 agreement.…