Establishes rising limits of aggregate annual deliveries of uranium in any form (including natural uranium concentrates, natural uranium hexafluoride, enriched uranium, and depleted uranium) that are sold or transferred by the U.S. Government from three million pounds U308 equivalent per year through calendar 2009 to ten million pounds U308 equivalent per year through calendar 2013 and thereafter. Exempts specified kinds of sales or transfers from these limits.
States that any uranium sales or transfers by the U.S. Government (excluding the Tennessee Valley Authority) shall be limited to long-term contracts with end users of no less than three years duration.
Requires the Secretary of Energy to review annually the available excess Government uranium inventories and determine the level of inventory to be sold or transferred to end users.
[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 904 Introduced in House (IH)]
109th CONGRESS
1st Session
H. R. 904
To provide for the disposition of United States Government uranium
inventories.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 17, 2005
Mrs. Cubin introduced the following bill; which was referred to the
Committee on Energy and Commerce
_______________________________________________________________________
A BILL
To provide for the disposition of United States Government uranium
inventories.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. AMENDMENT.
Section 3112 of the USEC Privatization Act (42 U.S.C. 2297h-10) is
amended by striking subsections (d) and (e) and inserting the
following:
``(d)(1)(A) The aggregate annual deliveries of uranium in any form
(including natural uranium concentrates, natural uranium hexafluoride,
enriched uranium, and depleted uranium) sold or transferred by the
United States Government shall not exceed 3,000,000 pounds
U<INF>3</INF>O<INF>8</INF> equivalent per year through calendar year
2009. Such aggregate annual deliveries shall not exceed 5,000,000
pounds U<INF>3</INF>O<INF>8</INF> equivalent per year in calendar years
2010 and 2011. Such aggregate annual deliveries shall not exceed
7,000,000 pounds U<INF>3</INF>O<INF>8</INF> equivalent in calendar year
2012. Such aggregate annual deliveries shall not exceed 10,000,000
pounds U<INF>3</INF>O<INF>8</INF> equivalent per year in calendar year
2013 and each year thereafter. Any sales or transfers by the United
States Government shall be limited to long-term contracts with end
users of no less than 3 years duration.
``(B) Sales or transfers of uranium by the United States Government
for the following purposes are exempt from the provisions of this
subsection:
``(i) Sales or transfers provided for under existing law
for use by the Tennessee Valley Authority in relation to the
Department of Energy's high-enriched uranium or tritium
programs.
``(ii) Sales or transfers to the Department of Energy
research reactor sales program.
``(iii) The transfer of any natural uranium to the United
States Enrichment Corporation to replace contaminated uranium
received from the Department of Energy when the United States
Enrichment Corporation was privatized in July 1998.
``(iv) The sale or transfer of any natural uranium for
emergency purposes in the event of a disruption in supply to
end users in the United States.
``(v) The sale or transfer of any natural uranium in
fulfillment of the United States Government's obligations to
provide security of supply with respect to implementation of
the Russian HEU Agreement.
``(vi) The sale or transfer of any enriched uranium for use
in a Pebble Bed Modular Reactor, a Gas Turbine Modular Helium
Reactor, a High Temperature Gas Reactor, or any other advanced
commercial nuclear power plant in the United States with
nonstandard fuel requirements.
``(C) The Secretary may transfer or sell enriched uranium to any
person for national security purposes, as determined by the Secretary.
``(2) Except as provided in subsections (b) and (c), and in
paragraph (1)(B) and (C) of this subsection, no sale or transfer of
uranium in any form shall be made by the United States Government
unless--
``(A) the President determines that the material is not
necessary for national security needs;
``(B) the price paid to the Secretary will not be less than
the fair market value of the material, as determined at the
time that such material is contracted for sale;
``(C) prior to any sale or transfer, the Secretary solicits
the written views of the Department of State and the National
Security Council with regard to whether such sale or transfer
would have any adverse effect on national security interests of
the United States, including interests related to the
implementation of the Russian HEU Agreement; and
``(D) neither the Department of State or the National
Security Council objects to such sale or transfer.
The Secretary shall endeavor to determine whether a sale or transfer is
permitted under this paragraph within 30 days. The Secretary's
determinations pursuant to this paragraph shall be made available to
interested members of the public prior to authorizing any such sale or
transfer.
``(3) Within 1 year after the date of enactment of this subsection
and annually thereafter the Secretary shall undertake an assessment for
the purpose of reviewing available excess Government uranium
inventories, and determining, consistent with the procedures and
limitations established in this subsection, the level of inventory to
be sold or transferred to end users.
``(4) Within 5 years after the date of enactment of this subsection
and biennially thereafter the Secretary shall report to the Congress on
the implementation of this subsection. The report shall include a
discussion of all sales or transfers made by the United States
Government, the impact of such sales or transfers on the domestic
uranium industry, the spot market uranium price, and the national
security interests of the United States, and any steps taken to
remediate any adverse impacts of such sales or transfers.
``(5) For purposes of this subsection, the term `United States
Government' does not include the Tennessee Valley Authority.''.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Energy and Commerce.
Referred to the Subcommittee on Energy and Air Quality.
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