Nuclear Incident Public Renumeration Act

Summary

Increases the funds available for the portion of damages to personal and real property suffered by the public from nuclear incident not indemnified by private insurance by a percentage equal to the annual percentage increase in the Consumer Price Index. Provides that the Atomic Energy Commission shall, with respect to licenses issued between August 30, 1954 and August 1, 1987, for which the Commission requires financial protection, agree to hold harmless and indemnify the licensee, and other persons indemnified, from public liability arising from nuclear incidents in an amount which is in excess of the level of financial protection required of the licensee. Authorizes the appropriations necessary to carry out the provisions of this Act.

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1 official file

• Introduced in Senate

  summary · EN · 11 July 1974

  Open at official source

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