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US S452

US S452
Nuclear Fuel Security Act of 2023


summary

Introduced
02/15/2023
In Committee
05/17/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A bill to require the Secretary of Energy to establish a Nuclear Fuel Security Program, expand the American Assured Fuel Supply Program, and submit a report on a civil nuclear credit program, and for other purposes.

AI Summary

This bill, the Nuclear Fuel Security Act of 2023, aims to strengthen the United States' nuclear fuel security by: 1. Establishing a Nuclear Fuel Security Program to increase domestic production of low-enriched uranium (LEU) and high-assay, low-enriched uranium (HALEU) by U.S. nuclear energy companies. 2. Expanding the American Assured Fuel Supply Program to ensure the availability of domestically produced, converted, enriched, deconverted, and reduced uranium to address potential supply disruptions. 3. Creating a HALEU for Advanced Nuclear Reactor Demonstration Projects Program to make HALEU available for advanced nuclear reactor development until commercial-scale domestic HALEU enrichment and deconversion capabilities are established. The bill also requires the Secretary of Energy to submit a report on the anticipated funding requirements for the civil nuclear credit program. Additionally, it amends the USEC Privatization Act to prohibit the importation of certain low-enriched uranium from Russia, with some exceptions. The bill also includes provisions to support the development of supply chain infrastructure and workforce capacity for the nuclear energy sector.

Committee Categories

Agriculture and Natural Resources

Sponsors (6)

Last Action

Placed on Senate Legislative Calendar under General Orders. Calendar No. 124. (on 07/11/2023)

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