Congress Passes Bipartisan Nuclear Energy Bill Critical for Industry Reform

Press Statement
Regulatory Affairs

WASHINGTON, D.C.—Today, Congress passed the Nuclear Energy Innovation and Modernization Act (NEIMA) (S. 512), introduced by Sen. John Barrasso (R-Wyo.). The following statement can be attributed to Maria Korsnick, president and CEO at the Nuclear Energy Institute:

“The Nuclear Energy Innovation and Modernization Act (NEIMA) is a significant, positive step toward reform of the U.S. Nuclear Regulatory Commission fee collection process. This legislation establishes a more equitable and transparent funding structure which will benefit all operating reactors and future licensees. The bill also reaffirms Congress’s support for nuclear innovation by working to establish an efficient and stable regulatory structure that is prepared to license the advanced reactors of the future.

“We thank Chairman Barrasso (R-Wyo.), Ranking member Carper (D-Del.) and Sens. Inhofe (R-Okla.), Whitehouse (D-R.I.), Crapo (R-Idaho), and Booker (D-N.J.) for their leadership on this bill. NEIMA is one of several bipartisan bills that support advanced nuclear innovation to pass the 115th Congress. NEI also appreciates the leadership of Reps. Kinzinger (R-Ill.) and Doyle (D-Pa.) who sponsored the NUKE Act which contains many provisions found in S. 512. We look forward to carrying that momentum into the new Congress to ensure the industry can continue to innovate and thrive.”