S 4148 · 93th Congress · Energy

United States Enrichment Corporation Act

Introduced 1974-10-16· Sponsored by Sen. Bennett, Wallace F. [R-UT]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Joint Committee on Atomic Energy.(1974-10-16)

Plain Language Summary

[AI summary unavailable — showing source text] United States Enrichment Corporation Act - Establishes the United States Enrichment Corporation for the following purposes: (1) to acquire feed material, enriched uranium, and the Commission's uranium enriching and related facilities, and to enrich uranium; (2) to distribute enriched uranium to the Atomic Energy Commission for governmental purposes and to qualified domestic and foreign persons by sale or by the provision of enrichment services; (3) to take all appropriate action to stimulate and assist in the development of a private enterprise uranium enrichment capability; (4) to conduct its activities so as to strengthen free competition in private enterprise and assumption by private industry of full commercial and industrial responsibility for uranium enrichment as soon as possible, and promote international cooperation in matters relating to availability of enriched uranium for nuclear reactor fuel as well as retention for the United States of an appropriate share of the market for enriched uranium for peaceful purposes in cooperating nations; (5) to expedite attainment of the maximum production potential of its own plans as soon as practicable in order to preproduce enriched…

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