A bill to amend the Atomic Energy Act of 1954 to provide for environmental review of proposed nuclear powerplants.

[AI summary unavailable — showing source text] Empowers the Nuclear Regulatory Commission to enter into an agreement with any State agency or regional agency under which such State or regional agency shall conduct an environmental review of and shall issue or deny an application for a site certificate for any proposed nuclear power reactor site in the State or region with respect to which such agency has jurisdiction. States that any such agreement shall expire ten years from its effective date and the parties may agree to enter into subsequent agreements. Directs the Nuclear Regulatory Commission to, in consultation with the Council on Environmental Quality, formulate any requirements to be imposed in any such agreement. Provides that such an agreement shall provide that a State or regional agency may issue a site certificate for a proposed nuclear power reactor only if such agency finds, after having considered and balanced the environmental and economic costs and benefits of the nuclear power reactor if constructed on the site proposed, the need for electric power, and other relevant factors, that the construction and operation of the nuclear power reactor on the proposed site is in the public interest. States that any such …