Collapse to view only § 2296b. Overfeed program
- § 2296b. Overfeed program
- § 2296b-1. National Strategic Uranium Reserve
- § 2296b-2. Sale of remaining DOE inventories
- § 2296b-3. Responsibility for the industry
- § 2296b-4. Annual uranium purchase reports
- § 2296b-5. Uranium inventory study
- § 2296b-6. Regulatory treatment of uranium purchases
- § 2296b-7. Definitions
§ 2296b. Overfeed program
(a) Uranium purchases
(b) Use of domestic uranium
(Pub. L. 102–486, title X, § 1011, Oct. 24, 1992, 106 Stat. 2948; Pub. L. 106–36, title I, § 1002(g)(1), June 25, 1999, 113 Stat. 133; Pub. L. 116–260, div. O, title VI, § 602(e), Dec. 27, 2020, 134 Stat. 2153.)
§ 2296b–1. National Strategic Uranium Reserve
There is hereby established the National Strategic Uranium Reserve under the direction and control of the Secretary. The Reserve shall consist of natural uranium and uranium equivalents contained in stockpiles or inventories currently held by the United States for defense purposes. Effective on October 24, 1992, and for 6 years thereafter, use of the Reserve shall be restricted to military purposes and government research. Use of the Department of Energy’s stockpile of enrichment tails existing on October 24, 1992, shall be restricted to military purposes for 6 years thereafter.
(Pub. L. 102–486, title X, § 1012, Oct. 24, 1992, 106 Stat. 2948.)
§ 2296b–2. Sale of remaining DOE inventories
The Secretary, after making the transfer required under section 2297c–6 1
1 See References in Text note below.
of this title, may sell, from time to time, portions of the remaining inventories of raw or low-enriched uranium of the Department that are not necessary to national security needs, to the Corporation, at a fair market price. Sales under this section may be made only if such sales will not have a substantial adverse impact on the domestic uranium mining industry. Proceeds from sales under this subsection shall be deposited into the general fund of the United States Treasury.(Pub. L. 102–486, title X, § 1013, Oct. 24, 1992, 106 Stat. 2949.)
§ 2296b–3. Responsibility for the industry
(a) Continuing Secretarial responsibility
(b) Encourage export
(Pub. L. 102–486, title X, § 1014, Oct. 24, 1992, 106 Stat. 2949.)
§ 2296b–4. Annual uranium purchase reports
(a) In general
By January 1 of each year, the owner or operator of any civilian nuclear power reactor shall report to the Secretary, acting through the Administrator of the Energy Information Administration, for activities of the previous fiscal year—
(1) the country of origin and the seller of any uranium or enriched uranium purchased or imported into the United States either directly or indirectly by such owner or operator; and
(2) the country of origin and the seller of any enrichment services purchased by such owner or operator.
(b) Congressional access
(Pub. L. 102–486, title X, § 1015, Oct. 24, 1992, 106 Stat. 2949.)
§ 2296b–5. Uranium inventory study
Within 1 year after October 24, 1992, the Secretary shall submit to the Congress a study and report that includes—
(1) a comprehensive inventory of all Government owned uranium or uranium equivalents, including natural uranium, depleted tailings, low-enriched uranium, and highly enriched uranium available for conversion to commercial use;
(2) a plan for the conversion of inventories of foreign and domestic highly enriched uranium to low-enriched uranium for commercial use;
(3) an estimation of the potential need of the United States for inventories of highly enriched uranium;
(4) an analysis and summary of technological requirements and costs associated with converting highly enriched uranium to low-enriched uranium, including the construction of facilities if necessary;
(5) an estimation of potential net proceeds from the conversion and sale of highly enriched uranium;
(6) recommendations for implementing a plan to convert highly enriched uranium to low-enriched uranium; and
(7) recommendations for the future use and disposition of such inventories.
(Pub. L. 102–486, title X, § 1016, Oct. 24, 1992, 106 Stat. 2949.)
§ 2296b–6. Regulatory treatment of uranium purchases
(a) Encouragement
(b) Report
(c) Savings provision
(Pub. L. 102–486, title X, § 1017, Oct. 24, 1992, 106 Stat. 2950; Pub. L. 106–36, title I, § 1002(g)(2), June 25, 1999, 113 Stat. 133; Pub. L. 116–113, title V, § 507(a), Jan. 29, 2020, 134 Stat. 78.)
§ 2296b–7. DefinitionsFor purposes of this part:
(1) The term “Corporation” means the United States Enrichment Corporation established under section 2297b 1
1 See References in Text note below.
of this title or its successor.(2) The term “country of origin” means—
(A) with respect to uranium, that country where the uranium was mined;
(B) with respect to enriched uranium, that country where the uranium was mined and enriched; or
(C) with respect to enrichment services, that country where the enrichment services were performed.
(3) The term “domestic origin” refers to any uranium that has been mined in the United States including uranium recovered from uranium deposits in the United States by underground mining, open-pit mining, strip mining, in situ recovery, leaching, and ion recovery, or recovered from phosphoric acid manufactured in the United States.
(4) The term “domestic uranium producer” means a person or entity who produces domestic uranium and who has, to the extent required by State and Federal agencies having jurisdiction, licenses and permits for the operation, decontamination, decommissioning, and reclamation of sites, structures and equipment.
(5) The term “non-affiliated” refers to a seller who does not control, and is not controlled by or under common control with, the buyer.
(6) The term “overfeed” means to use uranium in the enrichment process in excess of the amount required at the transactional tails assay.
(7) The term “utility regulatory authority” means any State agency or Federal agency that has ratemaking authority with respect to the sale of electric energy by any electric utility or independent power producer. For purposes of this paragraph, the terms “electric utility”, “State agency”, “Federal agency”, and “ratemaking authority” have the respective meanings given such terms in section 2602 of title 16.
(Pub. L. 102–486, title X, § 1018, Oct. 24, 1992, 106 Stat. 2950; Pub. L. 104–134, title III, § 3117(b), Apr. 26, 1996, 110 Stat. 1321–350.)