Senate Bill 4694
116th Congress(2019-2020)
Russian Suspension Agreement Extension Act of 2020
Introduced
Introduced
Introduced in Senate on Sep 24, 2020
Overview
Text
Introduced
Sep 24, 2020
Latest Action
Sep 24, 2020
Origin Chamber
Senate
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
4694
Congress
116
Policy Area
International Affairs
International Affairs
Primary focus of measure is matters affecting foreign aid, human rights, international law and organizations; national governance; arms control; diplomacy and foreign officials; alliances and collective security. Measures concerning trade agreements, tariffs, foreign investments, and foreign loans may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Wyoming
North Dakota
Indiana
New Mexico
Arkansas
South Carolina
West Virginia
Wyoming
No Senate votes have been held for this bill.
Summary

Russian Suspension Agreement Extension Act of 2020

This bill extends limits on the importation of Russian low-enriched uranium, a fuel for nuclear reactors, and contains other related provisions. (These limits stem from a 1992 agreement with Russia to end a Department of Commerce antidumping investigation into Russian uranium imports.)

The bill extends these limits, which are currently set to expire in 2020, to 2040. The bill also specifies the maximum amounts of qualifying uranium that may be imported each year for 2021-2040. The Department of Commerce shall (1) administer these import limitations, and (2) periodically review U.S. demand for uranium for nuclear reactors and adjust the limits accordingly.

Currently, qualifying uranium imported for the Department of Energy inventory do not count against these limits. The bill eliminates this exception but maintains two other exceptions for uranium imported for use in the initial core of a new reactor or for reprocessing and reexportation.

Text (1)
September 24, 2020
Actions (2)
09/24/2020
Read twice and referred to the Committee on Energy and Natural Resources.
09/24/2020
Introduced in Senate
Public Record
Created
Sep 25, 2020 4:27:11 AM
Updated
Oct 31, 2020 4:23:58 AM