Bill
Bill > A3364
summary
Introduced
03/07/2022
03/07/2022
In Committee
03/07/2022
03/07/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This bill would permit the governing body of a municipality in which there is located a decommissioned nuclear power plant in which spent nuclear fuel is stored, by ordinance, to impose a stranded nuclear waste fee on the owner of the decommissioned nuclear power plant for every calendar year in which spent nuclear fuel is stored in the decommissioned nuclear power plant. The amount of the annual fee would be equal to the number of kilograms of spent nuclear fuel stored at the decommissioned nuclear power plant multiplied by the fee per kilogram established in the ordinance. The fee per kilogram could not exceed $15. The use of the annual fee would be limited to reducing the municipal property tax levy.
AI Summary
This bill would permit certain municipalities in New Jersey that have a decommissioned nuclear power plant storing spent nuclear fuel to impose an annual "stranded nuclear waste fee" on the owner of the plant. The fee would be calculated based on the number of kilograms of spent nuclear fuel stored at the site, with a maximum fee of $15 per kilogram. The revenue from this fee must be used by the municipality to reduce its property tax levy.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Introduced, Referred to Assembly State and Local Government Committee (on 03/07/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A3364 |
| BillText | https://www.njleg.state.nj.us/Bills/2022/A3500/3364_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/A3500/3364_I1.PDF |
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