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HR 5608 116th Congress House Energy Advisory bodies Congressional oversight Economic development Energy revenues and royalties Environmental health Housing finance and home ownership Income tax credits Nuclear power Radioactive wastes and releases State and local government operations

STRANDED Act of 2020

Introduced: January 15, 2020 Introduced by: Schneider, Bradley Scott Democratic · Illinois See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 16, 2020
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Jan 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.
Jan 15, 2020
Sponsor introductory remarks on measure. (CR H251)
Jan 15, 2020
Introduced in House
 Plain-English summary Congressional Research Service

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.
What's happening now January 16, 2020

Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

 Committees of jurisdiction 4