A bill to facilitate the ability of a private consortium to site, design, license, construct, operate, and decommission a private facility for the interim storage of commercial spent nuclear fuel, subject to licensing by the Nuclear Regulatory Commission, to authorize the Secretary of Energy to contract with the consortium for storage services, and for other purposes.
Private Interim Storage Facility Authorizing Act of 1995 - Authorizes a private consortium of domestically owned and controlled private and public utility companies (and other domestically owned and controlled private entities) to site, design, license, construct, operate, and decommission, according to specified requirements, a private interim storage facility for storage of commercial spent nuclear fuel.
Designates the Nuclear Waste Fund as the consortium's funding source.
Outlines design criteria for such facility.
Delineates activities to be undertaken by the Secretary of Energy as part of the mandate to cooperate with the consortium.
Requires the Nuclear Regulatory Commission to promulgate regulations for the licensing of such facility.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S18662-18663)
Read twice and referred to the Committee on Energy and Natural Resources.
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