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RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
119-hr-5803119th CongressWALLET
REACT Act
Sponsored By: Representative Lawler, Michael [R-NY-17]
Introduced
Summary
Makes decommissioning trust funds more transparent. This bill would require power reactor licensees that use decommissioning trust funds to report specific financial details to the Nuclear Regulatory Commission in every financial assurance status report.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
New reporting rules for reactor cleanup funds
Power reactor licensees that use a decommissioning trust fund would face new reporting rules. In each financial assurance status report, they would have to list any interest earned by the fund. They would also report the fund’s projected annual rate of return. They would provide a detailed list of withdrawals and what each paid for during decommissioning. The Nuclear Regulatory Commission would revise its rules (10 C.F.R. 50.82) to require this.
Sponsors & CoSponsors
Sponsor
Lawler, Michael [R-NY-17]
NY • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov