Congress votes on Price-Anderson Act extension
March 22, 2024, 1:39PMNuclear News
A minibus appropriations bill—the second produced this month by Congress—emerged from conference negotiations yesterday with language that would extend the Price-Anderson Act—legislation first enacted in 1954 that makes it possible for nuclear power producers to seek insurance from the private marketplace. Today the House of Representatives voted 286–134 to approve the minibus package of six fiscal year 2024 appropriations bills, and the Senate is expected to vote today, too. By extending the Price-Anderson Act—now set to expire in 2025—Congress can support the current U.S. power reactor fleet and pave the way for new reactor deployments.
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