A bill to assist in creating a viable domestic uranium enrichment industry, to insure the maximum economic utilization of the existing diffusion plant assests, to establish mechanisms which would permit the creation of a privately owned corporation or a mixed government-privately owned corporation to utilize the federal government's investment in centrifuge technology and in the centrifuge assests, to establish alternate sources of enrichment supply, so as to create American jobs, to return monies to the government and to increase American industrial competitiveness in world wide nuclear fuel sales.
Nuclear Fuel Utilization and Domestic Production Act of 1988 - Establishes the National Enrichment Corporation as a wholly owned government corporation which shall passively hold title to Government assets and which shall not be considered an agency or instrumentality of the United States. Declares that the Corporation's purpose is to: (1) acquire feed material for uranium enrichment and for the gas centrifuge technology activities of the Department of Energy; (2) repay the maximum amount of revenue to the Treasury for past uranium enrichment expenditures; and (3) establish a mechanism to convey the Corporation or the centrifuge technology to domestically-controlled private interests.
Directs the Secretary of Energy to transfer to the Corporation all properties owned by the Department of Energy which relate to uranium enrichment and gas centrifuge technologies.
Introduced in House
Introduced in House
Referred to House Committee on Energy and Commerce.
Referred to House Committee on Interior and Insular Affairs.
Referred to House Committee on Science, Space, and Technology.
Referred to Subcommittee on Energy Research and Development.
Referred to Subcommittee on Energy and Power.
Referred to Subcommittee on Energy and the Environment.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line