Bill > HR5718

This bill would require the Secretary of Energy to establish a Nuclear Fuel Security Program and expand the American Assured Fuel Supply Program. The key provisions are: 1. The Nuclear Fuel Security Program would increase domestic production of low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU), which is needed for advanced nuclear reactors. The Secretary would enter into contracts to acquire HALEU from U.S. nuclear energy companies. 2. The American Assured Fuel Supply Program would be expanded to ensure the availability of domestically produced, converted, enriched, deconverted, and reduced uranium in the event of a supply disruption. 3. A new "HALEU for Advanced Nuclear Reactor Demonstration Projects Program" would be established to make HALEU available from Department of Energy inventories or stockpiles to support advanced nuclear reactor development projects. 4. The bill includes various provisions to promote the use of domestically sourced uranium and technologies, and to ensure reasonable compensation for any LEU or HALEU made available under these programs.

Agriculture and Natural Resources, Business and Industry

https://www.congress.gov/bill/118th-congress/house-bill/5718/all-info