ThePolitibase
S. 2733IntroducedENERGY

United States Enrichment Corporation Fund Termination and Transfer Act

Corporate finance and management · Government trust funds · Nuclear power
Sponsor
Sen. Hassan, Margaret Wood [D-NH]
D · NH
Key facts
Introduced: Sep 14, 2021
Chamber: Senate
Cosponsors: 1
Congress: 117th
Latest action · Mar 1, 2022
Committee on Energy and Natural Resources. Hearings held.

Summary

United States Enrichment Corporation Fund Termination and Transfer Act

This bill terminates the U.S. Enrichment Corporation (USEC) Fund and rescinds all amounts currently in the fund. The fund was established to assist the USEC, a government corporation, with providing uranium enrichment services for the federal government and utilities that operate nuclear power plants. USEC was privatized in 1998, thus eliminating the need for the fund.

Summary by Congressional Research Service.

Timeline

  1. Mar 1, 2022
    Committee on Energy and Natural Resources. Hearings held.
  2. Mar 1, 2022
    Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 117-275.
  3. Sep 14, 2021
    Read twice and referred to the Committee on Energy and Natural Resources.
  4. Sep 14, 2021
    Introduced in Senate

Cosponsors

In the News

View official record on Congress.gov →
Make your voice heard

Contact your representatives about this bill in under 2 minutes.

📬 Contact Your Reps →
Related on ThePolitibase