HR 7526 · 96th Congress · Energy

Nuclear Liability Reform Act of 1980

Introduced 1980-06-09· Sponsored by Rep. Bingham, Jonathan B. [D-NY-22]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Interior and Insular Affairs.(1980-06-09)

Plain Language Summary

[AI summary unavailable — showing source text] Nuclear Liability Reform Act of 1980 - Amends the Atomic Energy Act of 1954 to limit the aggregate liability of persons liable for public liability caused by a nuclear incident to the sum of the financial protection required and a certain indemnity provided by the Nuclear Regulatory Commission. Limits such aggregate liability under an indemnification agreement for a nuclear incident outside the United States to $100,000,000 plus the contractor's required protection. Prohibits the payment for such liability at certain facilities from any source except the financial protection required until that protection is exhausted. Requires certain licensees and allows others to make arrangements which satisfy the Commission that the facility's manufacturer and architect-engineer will participate in the industry retrospective rating plan. Directs the Commission, in calculating the maximum amount of liability insurance available from private sources for licensees, to include private liability insurance available under an industry retrospective rating plan providing for premium charges deferred until public liability exceeds or appears likely to exceed the level of the licensee's required primary…

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

Cosponsors (18)

18 Democrats