,i #aaeth ,,congress #ast ,session ,h4 ,r4 #cigj ,,in ,,the ,,house ,,of ,,representatives ,october #e1 #bjag,mr4 ,schneider introduced the following bill2 which was referred to the ,committee on ,energy and ,commerce1 and in addition to the ,committee on ,ways and ,means1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to assist communities affected by stranded nuclear waste1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,sensible1 ,timely ,relief for ,america's ,nuclear ,districts' ,economic ,development ,act of #bjag or the ,,stranded ,act of #bjag4 #b4 ,findings ,congress finds that-- 7#a7 in #aihb1 ,congress authorized the ,secretary of ,energy and the ,chairman of the ,nuclear ,regulatory ,commission to safely manage and dispose of the most highly radioactive nuclear waste of the ,united ,states1 a responsibility that includes-- 7,a7 removing spent nuclear fuel from commercial nuclear power plants for a fee2 and 7,b7 transporting the spent fuel to-- 7i7 a permanent geological repository2 or 7ii7 an interim storage facility before permanent disposal2 7#b7 for more than #cj years1 nuclear power plants have operated in good faith that the ,federal ,government would establish a permanent geological repository2 7#c7 communities throughout the ,united ,states1 including communities in the ,states of ,california1 ,connecticut1 ,florida1 ,illinois1 ,maine1 ,maryland1 ,michigan1 ,new ,york1 ,vermont1 and ,wisconsin1 are tasked with dealing with stranded nuclear waste2 7#d7 communities affected by stranded nuclear waste are in fact interim nuclear waste storage sites2 7#e7 the ,nuclear ,waste ,policy ,act of #aihb 7#db ,u4,s4,c4 #ajaja et seq47-- 7,a7 directed the ,secretary to make annual impact assistance payments to ,states or appropriate units of local government to mitigate the social and economic impacts of the establishment and operation of interim nuclear waste storage capacity within the jurisdictional boundaries of an affected community2 and 7,b7 established the rate for impact assistance payments at #ae per kilogram of spent nuclear fuel2 7#f7 decommissioning a commercial nuclear power plant is often catastrophic for the host community because nuclear power plants are major employers and the primary source of local tax revenue2 7#g7 stranded nuclear waste is a profound obstacle to future economic growth1 deterring potential employers and residents from considering the host community2 7#h7 stranded nuclear waste prevents economic development in communities in which the stranded nuclear waste is located2 and 7#i7 it is critical to provide resources to communities that-- 7,a7 are challenged by stranded nuclear waste2 or 7,b7 will be challenged by stranded nuclear waste during the #aj-year period beginning on the date of enactment of this ,act4 #c4 ,definitions ,in this ,act3 7#a7 ,academy ,the term ,academy means the ,national ,academy of ,sciences4 7#b7 ,affected community ,the term affected community means a municipality that contains stranded nuclear waste within the boundaries of the municipality1 as determined by the ,secretary4 7#c7 ,eligible civilian nuclear power plant ,the term eligible civilian nuclear power plant means a nuclear power plant that-- 7,a7 has been decommissioned2 or 7,b7 is in the process of being decommissioned4 7#d7 ,secretary ,the term ,secretary means the ,secretary of ,energy4 7#e7 ,stranded nuclear waste ,the term stranded nuclear waste means nuclear waste or spent nuclear fuel stored in dry casks or spent fuel pools at a decommissioned or decommissioning nuclear facility4 #d4 ,innovative solutions study 7a7 ,in general ,not later than #ij days after the date of enactment of this ,act1 the ,secretary shall enter into an arrangement under which the ,academy1 in collaboration with the ,national ,laboratories 7as the term is defined in section #b of the ,energy ,policy ,act of #bjje 7#db ,u4,s4,c4 #aehja771 shall conduct a study to determine whether opportunities exist for affected communities to consider alternatives to nuclear facilities1 generating sites1 and waste sites4 7b7 ,completion ,the ,secretary shall ensure that1 not later than #a year after the date of enactment of this ,act1 the ,academy-- 7#a7 completes the study described in subsection 7a72 and 7#b7 submits to the appropriate ,committees of ,congress a report describing findings and recommendations based on the study4 #e4 ,stranded ,nuclear ,waste ,task ,force 7a7 ,establishment ,the ,secretary shall establish a task force1 to be known as the ,stranded ,nuclear ,waste ,task ,force-- 7#a7 to conduct a study on existing public and private resources and funding for which affected communities may be eligible2 and 7#b7 to develop immediate and long-term economic adjustment plans tailored to the needs of each affected community4 7b7 ,study ,not later than #ahj days after the date of enactment of this ,act1 the ,stranded ,nuclear ,waste ,task ,force shall complete and submit to ,congress the study described in subsection 7a74 #f4 ,economic impact grants 7a7 ,establishment ,not later than #fj days after the date of enactment of this ,act1 the ,secretary shall establish and carry out a noncompetitive grant program to provide financial assistance to units of local government within the jurisdictional boundary of which an eligible civilian nuclear power plant is located to offset the economic and social impacts of stranded nuclear waste in affected communities4 7b7 ,eligibility ,a unit of local government that is an affected community shall be eligible to receive a grant under this section for a fiscal year4 7c7 ,awards 7#a7 ,amount ,the amount of a grant awarded under subsection 7a7 shall be equal to #ae for each kilogram of spent nuclear fuel stored at the eligible civilian nuclear power plant in the affected community4 7#b7 ,number and frequency ,with respect to each eligible civilian nuclear power plant1 the ,secretary may only award #a grant under subsection 7a7 to each eligible unit of local government for each fiscal year4 #g4 ,tax incentives for affected communities 7a7 ,new markets tax credit ,section #de;,d of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 in subsection 7b77#a77;,b71 by inserting or qualified nuclear affected community investments before the comma2 7#b7 in subsection 7b77#c71 by inserting or qualified nuclear affected community investments before the period2 7#c7 in subsection 7c77#a77;,a71 by striking for1 and all that follows and inserting 8for-- 7i7 low-income communities or low-income persons1 or 7ii7 nuclear affected communities or individuals residing in nuclear affected communities1 2 7#d7 in subsection 7c77#a77;,b71 by inserting or nuclear affected communities1 whichever is applicable1 after low-income communities2 7#e7 in subsection 7d7-- 7,a7 by striking low-income community in the heading2 7,b7 by striking ,in general in the heading of paragraph 7#a7 and inserting ,qualified low-income community investment2 and 7,c7 by adding at the end the following new paragraph3 7#d7 ,qualified nuclear affected community investment ,the term qualified nuclear affected community investment means any investment1 loan1 loan purchase1 or service which would be a qualified low-income community investment if paragraphs 7#a71 7#b71 and 7#c7 were applied by substituting nuclear affected community and nuclear affected communities for low-income community and low-income communities1 respectively1 each place they appear4 2 7#f7 in subsection 7e7-- 7,a7 by inserting and nuclear affected community after community in the heading2 7,b7 by striking ,in general in the heading of paragraph 7#a7 and inserting ,low-income community2 7,c7 in paragraph 7#c71 by striking ,in and inserting ,for purposes of paragraph 7#a71 in2 and 7,d7 by adding at the end the following new paragraph3 7#f7 ,nuclear affected community ,the term nuclear affected community means an affected community as defined in section #c7b7 of the ,,stranded ,act of #bjag and any other municipality which borders on a municipality where a commercial nuclear power plant which has been decommissioned or is in the process of being decommissioned is located4 2 and 7#g7 in subsection 7f77#b77;,b71 by inserting or qualified nuclear affected community investments after qualified low-income community investments4 7b7 ,first-,time homebuyer credit 7#a7 ,in general ,section #cf of the ,internal ,revenue ,code of #aihf is amended-- 7,a7 by inserting for nuclear affected communities after credit in the heading2 7,b7 in subsection 7a71 by striking in the ,united ,states and inserting in a nuclear affected community2 7,c7 in subsection 7b71 by striking paragraphs 7#b7 and 7#c7 and redesignating paragraph 7#d7 as paragraph 7#b72 7,d7 in subsection 7c71 by striking paragraph 7#d7 and by inserting after paragraph 7#c7 the following new paragraph3 7#d7 ,nuclear affected community ,the term nuclear affected community means an affected community1 as defined in section #c7b7 of the ,,stranded ,act of #bjag4 2 and 7,e7 by striking subsections 7f71 7g71 and 7h74 7#b7 ,clerical amendment ,the table of sections for subpart ,c of part ,,iv of subchapter ,a of chapter #a of such ,code is amended by striking the item relating to section #cf and inserting the following new item3 ,sec4 #cf4 ,first-time homebuyer credit for nuclear affected communities4 4 7c7 ,effective dates 7#a7 ,new markets tax credit ,the amendments made by subsection 7a7 shall apply to allocations of credits under section #de;,d of the ,internal ,revenue ,code of #aihf in calendar years beginning after the date of the enactment of this ,act4 7#b7 ,first-time homebuyer credit ,the amendments made by subsection 7b7 shall apply to the purchase of a principal residence after the date of the enactment of this ,act4 #h4 ,authorization of appropriations 7a7 ,in general ,there is authorized to be appropriated to carry out this ,act #ajj1jjj1jjj for each of fiscal years #bjah through #bjbd4 7b7 ,no offset ,none of the funds made available under this section may be used to offset the funding for any other ,federal program4