42 U.S.C. § 2297h–10b: Secretarial determinatio…

Summary

In this fiscal year and every fiscal year after, any decision by the Energy Secretary under that authority is only good for up to 2 calendar years after it is made, even if the decision was made before December 16, 2014. In this fiscal year and every fiscal year after, the Secretary must tell the House and Senate Appropriations Committees at least 30 days before providing uranium. The notice must cover seven things: the legal authority for the transfer, how much uranium, an estimate of its gross fair market value on the expected date, the expected date, who will get it, what value or payment is expected in return (including any adjustments), and whether the uranium is subject to any use restrictions under international agreements or other limits.

Title 42, §2297h–10b

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(a)Secretarial determinations

In this fiscal year, and in each subsequent fiscal year, any determination (including a determination made prior to December 16, 2014) by the Secretary of Energy under section 2297h–10(d)(2)(B) of this title shall be valid for not more than 2 calendar years subsequent to such determination.

(b)Congressional notification

In this fiscal year, and in each subsequent fiscal year, not less than 30 days prior to the provision of uranium in any form the Secretary of Energy shall notify the Committees on Appropriations of the House of Representatives and the Senate of the following—

(1)the provisions of law (including regulations) authorizing the provision of uranium;

(2)the amount of uranium to be provided;

(3)an estimate by the Secretary of Energy of the gross fair market value of the uranium on the expected date of the provision of the uranium;

(4)the expected date of the provision of the uranium;

(5)the recipient of the uranium;

(6)the value the Secretary of Energy expects to receive in exchange for the uranium, including any adjustments to the gross fair market value of the uranium; and

(7)whether the uranium to be provided is encumbered by any restriction on use under an international agreement or otherwise.

Notes & Related Subsidiaries

Editorial Notes

Codification Section was enacted as part of the Energy and Water Development and Related Agencies Appropriations Act, 2015, and also as part of the Consolidated and Further Continuing Appropriations Act, 2015, and not as part of the Atomic Energy Act of 1954 which comprises this chapter.

§2297h–10b Secretarial Determinations; Congressional Notification

Summary

Title 42, §2297h–10b

Notes & Related Subsidiaries

Editorial Notes

Citations & Metadata