Description:
The Nuclear Regulatory Commission (NRC) licenses and regulates the use of radioactive materials at civilian facilities, including nuclear reactors. S. 2795 would direct the NRC to undertake certain activities related to establishing a regulatory framework for licensing advanced reactors with significant design improvements over existing commercial reactors. The bill also would modify the NRC’s authority to charge regulatory fees to entities that hold or apply for NRC licenses.
Based on information from the NRC, CBO estimates that implementing S. 2795 would cost $47 million over the 2017-2021 period, assuming appropriation of the necessary amounts. Pay-as-you-go procedures do not apply to this legislation because enacting it would not affect direct spending or revenues. CBO estimates that enacting S. 2795 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.
S. 2795 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments.
