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.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
Committee on Energy and Natural Resources. Hearings held.
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
Committee on Energy and Natural Resources. Hearings held.
Energy
Corporate finance and managementGovernment trust fundsNuclear power
United States Enrichment Corporation Fund Termination and Transfer Act
USA117th CongressS-2733| Senate
| Updated: 3/1/2022
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.