Title 42, The Public Health and WelfareRelease 119-110

§2297g Uranium Enrichment Decontamination and Decommissioning Fund

Title 42 › CHAPTER 23 — DEVELOPMENT AND CONTROL OF ATOMIC ENERGY › SUBCHAPTER VII — DECONTAMINATION AND DECOMMISSIONING › § 2297g

Last updated Sep 22, 2026|Official source

Summary

Creates a special account in the U.S. Treasury called the Uranium Enrichment Decontamination and Decommissioning Fund. Money put into the Fund, including any interest it earns, can be used by the Secretary only if Congress approves the spending. The money must be used only for the work described in this part of the law. The Secretary of the Treasury must hold and manage the Fund. After consulting with the Secretary, the Treasury must report once a year to Congress about the Fund’s finances and activities for the prior fiscal year. The Treasury must invest the Fund in U.S. government securities, picking maturities based on the Fund’s needs and using interest rates that match similar government bonds.

Full Legal Text

Title 42, §2297g

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

(a)Establishment
There is established in the Treasury of the United States an account to be known as the Uranium Enrichment Decontamination and Decommissioning Fund (referred to in this subchapter as the “Fund”). The Fund, and any amounts deposited in it, including any interest earned thereon, shall be available to the Secretary subject to appropriations for the exclusive purpose of carrying out this subchapter.
(b)Administration
(1)In general
The Secretary of the Treasury shall hold the Fund and, after consultation with the Secretary, annually report to the Congress on the financial condition and operations of the Fund during the preceding fiscal year.
(2)Investments
The Secretary of the Treasury shall invest amounts contained within the Fund in obligations of the United States—
(A)having maturities determined by the Secretary of the Treasury to be appropriate for what the Department determines to be the needs of the Fund; and
(B)bearing interest at rates determined to be appropriate by the Secretary of the Treasury, taking into consideration the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to these obligations.

Reference

Citations & Metadata

Citation

42 U.S.C. § 2297g

Title 42, The Public Health and Welfare

Last Updated

Sep 22, 2026

Release point: 119-110