§2296b — Title 42 The Public Health and Welfare | U.S. Code

Summary

The Corporation must buy uranium and put extra uranium into the enrichment process when doing so is good business. Doing this should cut the power needed to make the enriched uranium customers ordered, while also considering the costs from depleted tailings. Uranium bought under this rule must come from U.S. sources and U.S. producers, as long as multilateral trade agreements and the USMCA allow it.

Title 42, §2296b

The Public Health and Welfare — Source: USLM XML via OLRC

(a)To the maximum extent permitted by sound business practice, the Corporation shall purchase uranium in accordance with subsection (b) and overfeed it into the enrichment process to reduce the amount of power required to produce the enriched uranium ordered by enrichment services customers, taking into account costs associated with depleted tailings.

(b)Uranium purchased by the Corporation for purposes of this section shall be of domestic origin and purchased from domestic uranium producers to the extent permitted under the multilateral trade agreements (as defined in section 3501(4) of title 19) and the USMCA (as defined in section 4502 of title 19).

Notes & Related Subsidiaries

Editorial Notes

Codification Section was enacted as part of the Energy Policy Act of 1992, and not as part of the Atomic Energy Act of 1954 which comprises this chapter.

Amendments

2020—Subsec. (b). Pub. L. 116–260 substituted “USMCA (as defined in section 4502 of title 19)” for “North American Free Trade Agreement”. 1999—Subsec. (b). Pub. L. 106–36 substituted “multilateral trade agreements (as defined in section 3501(4) of title 19) and the North American Free Trade Agreement” for “General Agreement on Tariffs and Trade and the United States-Canada Free Trade Agreement”.

Statutory Notes and Related Subsidiaries

Effective Date

of 2020 AmendmentAmendment by Pub. L. 116–260 effective July 1, 2020, see section 602(g) of div. O of Pub. L. 116–260, set out as a note under section 2578b of Title 19, Customs Duties.

§2296b Overfeed Program