Convention on Supplementary Compensation for Nuclear Damage Contingent Cost Allocation Act
Latest action · Nov 13, 2006 Referred to the House Committee on Energy and Commerce.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 8, 2006
- Passed SenateSep 30, 2006
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Convention on Supplementary Compensation for Nuclear Damage Contingent Cost Allocation Act - (Sec. 4) Declares that certain funds designated under provisions (commonly known as the Price-Anderson Act) of the Atomic Energy Act of 1954 to provide indemnification shall be used to cover the contingent cost resulting from any nuclear incident for which such funds would be available to compensate for public liability (Price-Anderson incident).
(Sec. 5) States that certain funds made available to the United States under the Convention on Supplementary Compensation for Nuclear Damage (Convention) shall be used to satisfy public liability resulting from a Price-Anderson incident.
(Sec. 6) Requires participation by each nuclear supplier in a retrospective risk pooling program to cover the contingent cost resulting from a nuclear incident outside the United States that is not a Price-Anderson incident.
Directs the Secretary of Energy to determine the risk-informed assessment formula for the allocation among nuclear suppliers of the contingent cost resulting from a covered incident outside the United States that is not a Price-Anderson incident, taking specified risk factors into account.
Directs the Secretary to report to certain congressional committees on whether there is a need for continuation or amendment of this Act, taking into account the effects of the implementation of the Convention on the United States nuclear industry and suppliers.
(Sec. 7) Authorizes the Secretary to collect information necessary for developing and implementing the formula for calculating a nuclear supplier's deferred payment.
Requires each nuclear supplier to make available to the Secretary such information as the Secretary determines, by regulation, to be necessary or appropriate to develop and implement the risk-informed assessment formula.
Requires the Secretary to make information available to nuclear suppliers and their insurers so as to support the voluntary establishment and maintenance of private insurance against any risk for which such suppliers may be required to pay deferred payments.
(Sec. 9) Requires the Secretary to notify each nuclear supplier of the amount of the deferred payment it is required to make if funds are requested under the Convention resulting from a covered incident that is not a Price-Anderson incident.
Requires each nuclear supplier to make such a payment within 60 days after receiving notice, but allows a supplier to prorate the payment in equal amounts over five years. Requires a supplier to submit payment certification vouchers to the Secretary of the Treasury.
Authorizes the Secretary of Energy to take appropriate action to recover any payment a supplier fails to make, plus interest and a penalty of up to double the amount due.
(Sec. 10) Prescribes requirements for judicial review in a civil cause of action arising under the Convention.
(Sec. 11) Declares that this Act does not provide an operator of a covered installation with any right of recourse under the Convention.
(Sec. 12) Declares that nothing in the Convention or this Act requires disclosure of sensitive U.S. information.
(Sec. 13) Authorizes either the Secretary or the Nuclear Regulatory Commission to prescribe regulations to implement this Act.
Cosponsors 1
Members who signed on, in the order they did. All signed on Sep 25, 2006.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-OH | George V. Voinovich | Sep 25, 2006 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Environment and Public Works Committee | Referred Sep 8, 2006Markup Sep 13, 2006Reported Sep 25, 2006 |
| House | Energy and Commerce Committee | Referred Nov 13, 2006 |
Actions 11
Everything that happened, newest first.
- Nov 13, 2006Referred to the House Committee on Energy and Commerce.
- Nov 9, 2006Received in the House.
- Nov 9, 2006Held at the desk.
- Oct 2, 2006Message on Senate action sent to the House.
- Sep 30, 2006Measure laid before Senate by unanimous consent. (consideration: CR 9/29/2006 S10798-10802)
- Sep 30, 2006Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent. (text: CR 9/29/2006 S1080-10802)
- Sep 25, 2006Committee on Environment and Public Works. Reported by Senator Inhofe with amendments. With written report No. 109-346.
- Sep 25, 2006Placed on Senate Legislative Calendar under General Orders. Calendar No. 636.
- Sep 13, 2006Committee on Environment and Public Works. Ordered to be reported with an amendment favorably.
- Sep 8, 2006Introduced in Senate
- Sep 8, 2006Read twice and referred to the Committee on Environment and Public Works.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Amendments 1
Amendments offered to this bill.
| Amendment | Description | Offered by | Status |
|---|---|---|---|
| SA 5118 | To require the Secretary of Energy to submit periodic reports to Congress on whether there is a need for continuation or amendment of the Act. | James M. Inhofe R-OK | Amendment SA 5118 agreed to in Senate by Unanimous Consent. |
Titles 4
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to implement the Convention on Supplementary Compensation for Nuclear Damage, and for other purposes.
- Short Titles as Introduced
- Convention on Supplementary Compensation for Nuclear Damage Contingent Cost Allocation Act
- Short Titles as Reported to Senate
- Convention on Supplementary Compensation for Nuclear Damage Contingent Cost Allocation Act
- Short Titles as Passed Senate
- Convention on Supplementary Compensation for Nuclear Damage Contingent Cost Allocation Act
Subjects
Assigned by the Library of Congress. Policy area: Energy.
- Administrative procedure
- Congress
- Congressional reporting requirements
- Department of Energy
- Energy
- Finance and Financial Sector
- Government Operations and Politics
- Insurance premiums
- International Affairs
- Judicial review
- Liability for nuclear damages
- Liability insurance
- Nuclear fuels
- Nuclear power plants
- Risk
- Treaties
Text 4
Each version as it was printed, newest first.
- Nov 13, 2006Referred in House
- Sep 30, 2006Engrossed in Senate
- Sep 25, 2006Reported to Senate
- Sep 8, 2006Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.