Nuclear Waste Policy Act

[AI summary unavailable — showing source text] Nuclear Waste Policy Act - Title I: Findings and Purpose - Declares it to be the purpose of this Act to: (1) assume Federal responsibility for acquisition and storage of spent fuel and the disposal of radioactive waste from civilian nuclear activities; (2) establish a Federal policy for the long-term storage of high-level radioactive waste; (3) authorize the Secretary of Energy to acquire or design and construct facilities for nuclear waste storage and disposal, and finance the construction, operation and maintenance of such facilities; (4) examine alternative technologies for long-term nuclear waste storage and disposal; and (5) improve the process for the siting and licensing of civilian nuclear powerplants. Title II: Interim Storage of Spent Fuel from Civilian Nuclear Powerplants - Directs the Secretary to enter into contracts which shall provide that the Federal Government will: (1) take title to spent fuel from nuclear powerplants; (2) transport and store such spent fuel in Federal facilities; and (3) ultimately dispose of waste products associated with such spent fuel. Provides for a one-time payment by such electric utility in an amount adequate to cover the proportionate co…