Enabling the Nuclear Renaissance Act
Latest action · Jul 20, 2010 Read twice and referred to the Committee on Finance.
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.
- IntroducedJul 20, 2010
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Enabling the Nuclear Renaissance Act - Expresses the sense of Congress that: (1) nuclear energy shall be considered clean energy; (2) any provision of federal law relating to clean energy shall be considered to include nuclear energy as a form of clean energy; and (3) nuclear energy is a renewable-equivalent for purposes of a renewable energy standard.
Amends the Internal Revenue Code to create: (1) a five-year accelerated depreciation period for tangible property used in the manufacturing of an advanced nuclear power facility; (2) a nuclear power facility construction credit; (3) advanced energy project tax credits for nuclear power facilities; and (4) an American Society of Mechanical Engineers (ASME) nuclear certification credit.
Directs the Secretary of the Treasury to award a grant to each qualified public entity which places in service a qualified nuclear power facility in order to reimburse it for a portion of its nuclear power facility expenditures.
Amends the Omnibus Appropriations Act, 2009 to increase the funding for loan guarantee commitments under the Title 17 Innovative Technology Loan Guarantee Program. Amends the Energy Policy Act of 2005 (EPA) to revise requirements for the loan guarantees.
Amends EPA to direct the Secretary of Energy to offer to enter into cooperative agreements to develop and license specified small modular reactors with a rated capacity under 350 electrical megawatts.
Amends the Atomic Energy Act of 1954 to: (1) modify licensing procedures; (2) direct the Nuclear Regulatory Commission (NRC) to assume the availability of sufficient capacity to timely dispose of spent nuclear fuel and high-level radioactive waste from the operation of the nuclear facility on a license application; and (3) prescribe environmental reviews for nuclear energy projects.
Authorizes appropriations for training the next generation nuclear workforce.
Directs the Secretary of Energy to establish: (1) the National Nuclear Energy Council; (2) the Energy Park Initiative; (3) the Advisory Committee on Energy Park Development; and (4) the N Prize Program.
Amends the Atomic Energy Act of 1954 to establish a tax-exempt United States Nuclear Fuel Management Corporation to assume federal responsibility for spent nuclear fuel management.
Establishes in the Treasury the United States Nuclear Fuel Management Corporation Fund.
Cosponsors
Members who signed on, in the order they did.
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Jul 20, 2010 |
Actions 2
Everything that happened, newest first.
- Jul 20, 2010Introduced in Senate
- Jul 20, 2010Read twice and referred to the Committee on Finance.
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to further enable a nuclear renaissance in the United States to improve energy security, reduce future pollution and greenhouse gas emissions, provide large, reliable sources of electricity, and create thousands of high-quality jobs for the citizens of the United States, and for other purposes.
- Short Titles as Introduced
- Enabling the Nuclear Renaissance Act
Subjects
Assigned by the Library of Congress. Policy area: Energy.
- Administrative law and regulatory procedures
- Administrative remedies
- Advisory bodies
- Alternative and renewable resources
- Building construction
- Business investment and capital
- Economic development
- Employment and training programs
- Energy
- Energy research
- Environmental assessment, monitoring, research
- Executive agency funding and structure
- Government corporations and government-sponsored enterprises
- Government lending and loan guarantees
- Government trust funds
- Hazardous wastes and toxic substances
- Income tax credits
- Income tax deductions
- Land transfers
- Land use and conservation
- Licensing and registrations
- Nuclear power
- Nuclear Regulatory Commission (NRC)
- Personnel records
- Public contracts and procurement
- Public participation and lobbying
- Public-private cooperation
- Radioactive wastes and releases
- Research and development
- Securities
- Tax-exempt organizations
Text 1
Each version as it was printed, newest first.
- Jul 20, 2010Introduced 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.
