Bill > S1949

This bill aims to protect the taxpayers of the Commonwealth by holding corporations responsible for the decommissioning and remediation of nuclear power plant sites. It requires approval from shareholders if a corporation holding a nuclear power plant site sells or disposes of its assets, and it vests all liabilities of the corporation in the acquiring corporation or shareholders. The bill also grants the Department of Public Health the authority to assess and collect funds from these corporations to cover the costs of ensuring the site meets radiation safety standards before it can be released for unrestricted use. Additionally, the bill specifies that spent nuclear fuel held in long-term dry cask storage and subject to ongoing NRC licensure is not affected by these provisions.

Transportation and Infrastructure

https://malegislature.gov/Bills/191/S1949