Nuclear Energy Innovation and Modernization Act

Summary

Nuclear Energy Innovation and Modernization Act This bill revises the functions of the Nuclear Regulatory Commission (NRC) by establishing new transparency and accountability measures on the commission's budget and fee structure and developing the regulatory framework necessary to enable the licensing of advanced nuclear reactors. The bill amends the Omnibus Budget Reconciliation Act of 1990 to remove amounts appropriated for the Advanced Reactor Program from the NRC's fee recovery requirement. The NRC must ensure that the collection of fees is equal to their budget authority. The NRC may collect fees through: (1) fees for services that specifically benefit a particular person or entity, and (2) annual fees to fund regulatory costs. The bill places a cap on the amount of the annual fee that may be charged to an operating reactor. The NRC must also establish stages within the licensing process for reactors and implement risk-informed performance-based licensing evaluation techniques and guidance. Research and test reactor licensing must also be developed. In addition, the NRC must complete a rulemaking by the end of 2023 to establish a technology-inclusive regulatory framework for licensing advanced nuclear reactors. The Department of Energy must establish the Advanced Nuclear Energy Cost-Share Grant Program to make cost-share grants to applicants for the purpose of funding a portion of the NRC pre-application and application review fees.

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Documents

6 official files

• Reported to Senate (text)

  Reported to Senate · EN · 23 June 2016

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• Reported to Senate (PDF)

  Reported to Senate · EN · 23 June 2016

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• Reported to Senate with amendment(s)

  summary · EN · 23 June 2016

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• Introduced in Senate (text)

  Introduced in Senate · EN · 13 April 2016

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 13 April 2016

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• Introduced in Senate

  summary · EN · 13 April 2016

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