House Bill 5608
116th Congress(2019-2020)
STRANDED Act of 2020
Introduced
Introduced in House on Jan 15, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5608
Congress
116
Policy Area
Energy
Energy
Primary focus of measure is all sources and supplies of energy, including alternative energy sources, oil and gas, coal, nuclear power; efficiency and conservation; costs, prices, and revenues; electric power transmission; public utility matters.
No House votes have been held for this bill.
Summary
Sensible, Timely Relief for America's Nuclear Districts' Economic Development Act of 2020 or the STRANDED Act of 2020
This bill addresses communities affected by stranded nuclear waste. The bill defines stranded nuclear waste as nuclear waste or spent nuclear fuel stored in dry casks or spent fuel pools at the site of an eligible civilian nuclear power plant.
Specifically, the bill
- provides a first-time homebuyer tax credit for homeownership in nuclear affected communities;
- directs the Economic Development Administration to establish a competitive prize competition to award prizes to affected communities for proposals to carry out alternatives to nuclear facilities, generating sites, and waste sites; and
- provides grants to nuclear-affected communities to offset the economic and social impacts of stranded nuclear waste on such communities, and to support such communities that are facing decreased tax revenues or assessed valuation as a result of decommissioning a civilian nuclear power plant.
January 15, 2020
01/16/2020
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
01/15/2020
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
01/15/2020
Sponsor introductory remarks on measure. (CR H251)
01/15/2020
Introduced in House
Public Record
Record Updated
Feb 8, 2022 11:17:52 PM