President Trump Signs Nuclear Energy Innovation & Modernization Act

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President Trump has signed S. 512, the Nuclear Energy Innovation and Modernization Act (NEIMA), into law. The senators cosponsoring the bipartisan nuclear legislation include: Senators John Barrasso (R-WY), chairman of the Senate Committee on Environment and Public Works (EPW) and committee ranking member Tom Carper (D-DE), along with Shelley Moore Capito (R-WV), Sheldon Whitehouse (D-RI), Jim Inhofe (R-OK), Mike Crapo (R-ID), Deb Fischer (R-NE), and Joe Manchin (D-WV).

This law will:

  • make sure the United States remains a leader of nuclear energy innovation

  • create jobs

  • reduce carbon emissions in a meaningful way

  • bring greater transparency and accountability to the Nuclear Regulatory Commission’s spending

  • establish a licensing process for advanced nuclear reactors and other new technologies

  • create a new licensing framework for advanced reactors

  • adjust the fee structure as it applies to both traditional nuclear power plants and innovative reactors

  • ensure that the NRC will operate efficiently

  • provide the public greater clarity into the process by which the Nuclear Regulatory Commission (NRC) develops its budget and recovers its costs through fees

  • require the NRC to establish performance metrics and milestones for licensing and other regulatory actions.

  • equire the commission to develop a regulatory framework for America’s innovators, who seek to deploy advanced nuclear technologies.

  • direct the NRC to establish a pilot project to provide uranium producers predictable fees for routine licensing matters.

NEIMA was also cosponsored by Cory Booker (D-NJ), Bob Casey (D-PA), Tammy Duckworth (D-IL), Jeff Flake (R-AZ), Mike Rounds (R-SD), Chris Coons (D-DE), John Cornyn (R-TX), Orrin Hatch (R-UT), Gary Peters (D-MI), John Kennedy (R-LA), and James Risch (R-ID).

On March 22, 2017, the EPW committee passed NEIMA. On December 20, 2018, the Senate passed the bill by voice vote. On December 21, 2018, the House of Representatives passed the bill by a vote of 361-10. (Senate Environment and Public Works Committee)