,i #aafth ,,congress #b;d ,session ,h4 ,r4 #efjh ,,in ,,the ,,house ,,of ,,representatives ,january #ae1 #bjbj,mr4 ,schneider 7for himself1 ,ms4 ,kaptur1 ,mrs4 ,lowey1 ,mr4 ,kim1 ,mr4 ,huffman1 ,mr4 ,rouda1 ,mr4 ,welch1 ,mr4 ,kind1 and ,mr4 ,carbajal7 introduced the following bill2 which was referred to the ,committee on ,transportation and ,infrastructure1 and in addition to the ,committees on ,financial ,services1 and ,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 #bjbj or the ,,stranded ,act of #bjbj4 #b4 ,findings ,congress finds that-- 7#a7 communities throughout the ,united ,states1 including communities in the ,states of ,california1 ,connecticut1 ,florida1 ,illinois1 ,kansas1 ,maine1 ,maryland1 ,massachusetts1 ,michigan1 ,new ,york1 ,ohio1 ,oregon1 ,vermont1 and ,wisconsin1 are tasked with dealing with stranded nuclear waste2 7#b7 communities affected by stranded nuclear waste are de facto interim nuclear waste storage sites2 7#c7 the ,nuclear ,waste ,policy ,act of #aihb 7#db ,u4,s4,c4 #ajaja et seq47-- 7,a7 directed the ,secretary of ,energy 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#d7 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#e7 stranded nuclear waste is a profound obstacle to future economic growth1 deterring potential employers and residents from considering the host community2 7#f7 stranded nuclear waste prevents economic development in communities in which the stranded nuclear waste is located2 7#g7 stranded nuclear waste prevents communities from redeveloping sites where nuclear power plants previously operated which further inhibits tax revenues2 and 7#h7 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 ,nuclear-affected community ,the term nuclear-affected community means a unit of local government1 including a county1 city1 town1 village1 school district1 or special district1 that the ,administrator determines to contain stranded nuclear waste within the jurisdictional boundary or contain an eligible civilian nuclear power plant within the jurisdictional boundary of such locality4 7#c7 ,eligible civilian nuclear power plant ,the term eligible civilian nuclear power plant means a civilian nuclear power plant 7as defined in section #b of the ,nuclear ,waste ,policy ,act of #aihb 7#db ,u4,s4,c4 #ajaja77 that-- 7,a7 has been decommissioned2 or 7,b7 is in the process of being decommissioned4 7#d7 ,administrator ,the term ,administrator means the ,administrator of the ,u4,s4 ,economic ,development ,administration4 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 7as defined in section #b of the ,nuclear ,waste ,policy ,act of #aihb 7#db ,u4,s4,c4 #ajaja77 at the site of an eligible civilian nuclear power plant4 #d4 ,tax incentives for affected communities 7a7 ,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 community 7as such term is defined in section #c of the ,,stranded ,act of #bjbj72 7,c7 in subsection 7b71 by striking paragraphs 7#b7 and 7#c7 and redesignating paragraph 7#d7 as paragraph 7#b72 and 7,d7 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 7b7 ,effective dates ,the amendments made by subsection 7a7 shall apply to the purchase of a principal residence after the date of the enactment of this ,act4 #e4 ,innovative solutions prize competition 7a7 ,establishment ,not later than #ahj days after the date of enactment of this ,act1 the ,administrator shall establish a competitive prize competition 7referred to in this section as the prize competition7 to award prizes to proposals for affected communities to carry out alternatives to nuclear facilities1 generating sites1 and waste sites4 7b7 ,prize board 7#a7 ,establishment ,there is established an advisory board 7referred to in this section as the ,board7 to advise the ,administrator on-- 7,a7 the design and implementation of the prize competition2 and 7,b7 the development of the pilot project under subsection 7d74 7#b7 ,composition ,the ,board shall be composed of not fewer than #i members appointed by the ,administrator-- 7,a7 who shall provide expertise in-- 7i7 nuclear waste2 7ii7 workforce issues2 7iii7 technology development2 and 7iv7 economic development2 and 7,b7 who may include representatives from-- 7i7 ,the ,national ,laboratories2 7ii7 nonprofit organizations2 and 7iii7 institutions of higher education4 7c7 ,award amount ,an award under the prize competition shall be in the amount of #ejj1jjj4 7d7 ,pilot program 7#a7 ,in general ,the ,administrator1 in consultation with the ,board1 shall develop a pilot project based on the proposal of the winner of the prize competition4 7#b7 ,funding ,of the amounts made available under section #g1 the ,administrator may use #ejj1jjj to carry out the pilot project under paragraph 7#a74 7e7 ,report ,not later than #fj days after the date on which a prize is awarded under the prize competition1 the ,administrator shall submit to the relevant committees of ,congress a report that describes the winning proposal of the prize competition4 #f4 ,economic impact grants for affected communities 7a7 ,establishment ,not later than #abj days after the date of enactment of this ,act1 the ,administrator shall establish and carry out a noncompetitive grant program to provide grants under either section #f7;b7 or section #f7;c7 to nuclear-affected communities for the purpose of-- 7#a7 offsetting the economic and social impacts of stranded nuclear waste on affected communities2 and 7#b7 supporting such communities that are in the process of decommissioning an eligible civilian nuclear power plant and that are facing decreased tax revenues or assessed valuation as a result of such decommissioning4 7b7 ,awards based on stranded nuclear waste 7#a7 ,eligibility ,a nuclear affected community shall be eligible to receive a grant under this section for a fiscal year4 7#b7 ,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 nuclear affected community1 consistent with the price paid per kilogram for impact assistance outlined in the ,nuclear ,waste ,policy ,act of #aihb4 7,b7 ,number and frequency ,with respect to each eligible civilian nuclear power plant1 the ,administrator shall request submissions from affected nuclear communities and may only award #a grant under subsection 7a7 to each eligible unit of local government for each fiscal year4 7c7 ,awards based on lost tax revenue 7#a7 ,eligibility ,to be eligible to receive financial assistance under this section1 the affected community shall submit to the ,administrator an application that includes documentation that the nuclear affected community has experienced1 or is predicted to experience1 during a calendar year beginning after ,december #ca1 #bjad1 and ending before ,january #a1 #bjbe-- 7,a7 a reduction of not less than #bj percent in overall tax revenue received by such affected community for such year compared with the average of such tax revenue for the previous #e years2 and 7,b7 a reduction in tax revenue attributable to a nuclear power plant received by such affected community for such year1 compared with the average of such tax revenue for the previous #e years1 that is not less than #bj percent of the average for such previous #e years of the overall tax revenue received by such unit4 ,for purposes of this paragraph1 the term tax revenue includes any payment in lieu of taxes received by an affected community4 7#b7 ,assistance 7,a7 ,in general ,subject to amounts made available in advance in appropriations ,acts1 financial assistance provided under this section to a nuclear affected community shall be made with respect to each year of the #h-year period beginning on the first day of the calendar year described in paragraph 7#a74 7,b7 ,amount of assistance ,subject to amounts made available in advance in appropriations ,acts1 financial assistance provided under this section to a nuclear affected community for a year of an #h-year period shall be equal to the lesser of #aj1jjj1jjj and-- 7i7 in the case of the first year of the #h-year period1 #hj percent of the loss described in paragraph 7#a77;,b7 with respect to such unit2 7ii7 in the case of the second year of the #h-year period1 #gj percent of such loss2 7iii7 in the case of the third year of the #h-year period1 #fj percent of such loss2 7iv7 in the case of the fourth year of the #h-year period1 #ej percent of such loss2 7v7 in the case of the fifth year of the #h-year period1 #dj percent of such loss2 7vi7 in the case of the sixth year of the #h-year period1 #cj percent of such loss2 7vii7 in the case of the seventh year of the #h-year period1 #bj percent of such loss2 and 7viii7 in the case of the eighth year of the #h-year period1 #aj percent of such loss4 #g4 ,authorization of appropriations 7a7 ,in general ,there is authorized to be appropriated to carry out this ,act #aaj1jjj1jjj for each of fiscal years #bjbj through #bjbe and #abj1jjj1jjj for each of fiscal years #bjbf through #bjcj4 7b7 ,no offset ,none of the funds made available under this section may be used to offset the funding for any other ,federal program4 7c7 ,limitation ,no nuclear affected community may receive more than one grant per calendar year1 and cannot receive grants under both sections #f7;b7 and 7c7 in the same calendar year4