,i #aae? ,,congress #b;d ,session ,h4 ,r4 #fhad ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #ac1 #bjah,ms4 ,kaptur 7= h]self & ,mr4 ,wel*7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce ,a ,,bill ,to require ! ,secret>y ( ,en]gy to e/abli% & c>ry out a program to provide f9ancial assi/ance to units ( local gov]nm5t impact$ by ! r$uction 9 tax rev5ue f nucle> p[] plants4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,tr\bl$ ,nucle> ,p[] ,plants ,communities ,assi/ance ,act4 #b4 ,assi/ance = communities ) tr\bl$ nucle> p[] plants program 7a7 ,f9d+s ,! ,congress f9ds ! foll[+3 7#a7 ,! m>kets = electricity g5]ation are rapidly evolv+ due to ! v l[ co/ ( natural gas su* t _m nucle> p[] plants are no long] economically competitive4 7#b7 ,ov] ! pa/ #e ye>s1 #ah nucle> p[] plants h p]man5tly clos$ or h ann\nc$ plans to close4 7#c7 ,! impact ( closure ( a nucle> p[] plant on ! local economy c be sev]e due to ! loss ( jobs & a r$uc$ tax base4 7#d7 ,closure ( a nucle> p[] plant typically means ! loss ( #djj to #gjj highly paid work]s4 7#e7 ,a typical reactor has e/imat$ wages = work]s ( #dj million annually4 7#f7 ,nucle> p[] plants are among ! l>ge/ taxpay]s 9 ! jurisdictions 9 :i* !y are sit$1 typically contribut+ t5s ( millions ( doll>s 9 local taxes4 7#g7 ,:5 calculat+ ! total tax impact 7direct & second>y71 ! av]age nucle> p[] plant provides ov] #ajj million 9 tax rev5ue ea* ye> to ! local & ,/ate gov]nm5ts4 7#h7 ,! closure ( a nucle> p[] plant causes significant negative impacts to ! ,g,d,ps ( ! affect$ ,/ates4 7#i7 ,/r&$ sp5t nucle> fuel prev5ts communities f r$evelop+ sites :]e nucle> p[] plants previ\sly op]at$ :i* fur!r inhibits tax rev5ues4 7b7 ,assi/ance = ,communities ) ,tr\bl$ ,nucle> ,p[] ,plants ,program 7#a7 ,e/abli%m5t ,! ,secret>y ( ,en]gy %all e/abli% & c>ry out a program to be kn[n z ! ,assi/ance = ,communities ) ,tr\bl$ ,nucle> ,p[] ,plants ,program 79 ?is section ref]r$ to z ! ,program7 to provide f9ancial assi/ance to units ( local gov]nm5t :o h exp]i5c$ a r$uction 9 tax rev5ue f nucle> p[] plants4 7#b7 ,unit ( local gov]nm5t ,9 ?is section1 a unit ( local gov]nm5t includes a c\nty1 city1 t[n1 village1 s*ool di/rict1 & special di/rict4 7#c7 ,eligibility ,to be eligible to receive f9ancial assi/ance "u ?is section1 a unit ( local gov]nm5t %all submit to ! ,secret>y ( ,en]gy an application t includes docum5tation t-- 7,a7 ! unit ( local gov]nm5t has exp]i5c$1 or is pr$ict$ to exp]i5ce1 dur+ a cal5d> ye> beg9n+ aft] ,decemb] #ca1 #bjad1 & end+ be=e ,janu>y #a1 #bjbe-- 7i7 a r$uction ( n less ?an #bj p]c5t 9 ov]all tax rev5ue receiv$ by su* unit ( local gov]nm5t = su* ye> comp>$ ) ! av]age ( su* tax rev5ue = ! previ\s #e ye>s2 & 7ii7 a r$uction 9 tax rev5ue attributable to a nucle> p[] plant receiv$ by su* unit ( local gov]nm5t = su* ye>1 comp>$ ) ! av]age ( su* tax rev5ue = ! previ\s #e ye>s1 t is n less ?an #bj p]c5t ( ! av]age = su* previ\s #e ye>s ( ! ov]all tax rev5ue receiv$ by su* unit2 & 7,b7 sp5t nucle> fuel is /or$ at ! site ( su* nucle> p[] plant4 7#d7 ,assi/ance 7,a7 ,9 g5]al ,subject to am\nts made available 9 advance 9 appropriations ,acts1 f9ancial assi/ance provid$ "u ?is section to a unit ( local gov]nm5t %all be made ) respect to ea* ye> ( ! #h-ye> p]iod beg9n+ on ! fir/ day ( ! cal5d> ye> describ$ 9 p>agraph 7#c77;,a74 7,b7 ,am\nt ( assi/ance ,subject to am\nts made available 9 advance 9 appropriations ,acts1 f9ancial assi/ance provid$ "u ?is section to a unit ( local gov]nm5t = a ye> ( an #h-ye> p]iod %all be equal to ! less] ( #aj1jjj1jjj &-- 7i7 9 ! case ( ! fir/ ye> ( ! #h-ye> p]iod1 #hj p]c5t ( ! loss describ$ 9 p>agraph 7#c77;,a77ii7 ) respect to su* unit2 7ii7 9 ! case ( ! second ye> ( ! #h-ye> p]iod1 #gj p]c5t ( su* loss2 7iii7 9 ! case ( ! ?ird ye> ( ! #h-ye> p]iod1 #fj p]c5t ( su* loss2 7iv7 9 ! case ( ! f\r? ye> ( ! #h-ye> p]iod1 #ej p]c5t ( su* loss2 7v7 9 ! case ( ! fif? ye> ( ! #h-ye> p]iod1 #dj p]c5t ( su* loss2 7vi7 9 ! case ( ! six? ye> ( ! #h-ye> p]iod1 #cj p]c5t ( su* loss2 7vii7 9 ! case ( ! sev5? ye> ( ! #h-ye> p]iod1 #bj p]c5t ( su* loss2 & 7viii7 9 ! case ( ! eigh? ye> ( ! #h-ye> p]iod1 #aj p]c5t ( su* loss4 7c7 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ to c>ry out ?is section #hj1jjj1jjj = ea* ( fiscal ye>s #bjai ?r\gh #bjca4