GOP lawmakers push to lower regulatory hurdles for small nuclear firms

October 5, 2022, 7:00AMNuclear News

Donalds

Rep. Byron Donalds (R., Fla.) has introduced legislation in the House to help U.S. small businesses engaged or seeking to engage in the research, development, and deployment of advanced nuclear reactors.

Dubbed the Nuclear Assistance for America’s Small Businesses Act, the bill debuted September 29 with 10 of Donalds’s fellow House Republicans as cosponsors: Arizona’s Andy Biggs, Florida’s Maria Elvira Salazar, Georgia’s Buddy Carter, North Carolina’s Dan Bishop and Ted Budd, Ohio’s Bob Latta, South Carolina’s Nancy Mace, Tennessee’s Chuck Fleischmann and John Rose, and Texas’s Chip Roy.

Bill basics: The measure would amend the Nuclear Energy Innovation and Modernization Act (NEIMA) to allow small businesses to delay 50 percent of their preapplication fees to the Nuclear Regulatory Commission, as well as 35 percent of their postapplication fees over a period of 10 years.

Uranium reserve bill reintroduced in House; Grand Canyon mining ban progresses

March 4, 2021, 7:00AMNuclear News

The House of Representatives produced some good news for the nation’s uranium mining industry in late February, but also some of the opposite variety.

Latta

First, on February 25, Rep. Bob Latta (R, Ohio) reintroduced the Nuclear Prosperity and Security Act (H.R. 1351), initially brought forward by the congressman last July. The bill would direct the secretary of energy to establish and operate a uranium reserve in the United States to ensure the availability of the element in the event of a market disruption and to support U.S. strategic fuel cycle capabilities.

“The United States has fallen behind in the competitive development of nuclear energy, and now we rely heavily on foreign sources of uranium,” Latta stated. “In order to avoid threats to our nuclear supply chain, we need to build up our domestic uranium mining, production, and conversion by establishing a uranium reserve. The Nuclear Prosperity and Security Act would establish a domestic uranium reserve that will result in lower carbon emissions, new jobs and economic growth, and a more secure world.”

H.R. 1351 has been referred to the House Energy and Commerce Committee.