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Bill > S1992


MA S1992

Establishing funding to provide moneys for postclosure activities at nuclear power station


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to establish funding to provide moneys for postclosure activities at nuclear power station. Telecommunications, Utilities and Energy.

AI Summary

This bill establishes funding to provide moneys for postclosure activities at nuclear power stations. It creates an annual $25 million fee on the owners or affiliates of each nuclear power station in the Commonwealth, which will be deposited into a Postclosure Trust Fund for that station. The funds can only be used to pay for completed postclosure activities, such as moving spent nuclear fuel, site and environmental cleanup, and decommissioning. The bill also sets up a process for authorizing disbursements from the trust fund and returning any remaining balance to the owners or affiliates once all postclosure activities have been completed.

Committee Categories

Transportation and Infrastructure

Sponsors (13)

Last Action

Accompanied a study order, see S2552 (on 02/20/2020)

bill text


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