REACT Act

Bill Number

H.R. 5803

Origin Chamber

House

Congress

119th Congress, Session 1

Policy Area

Energy

Status

Introduced

Latest Action

2025-10-21: Referred to the House Committee on Energy and Commerce.

Last Updated

2025-12-08T14:39:16Z

AI-Generated Summary

Purpose The legislation directs the Nuclear Regulatory Commission (NRC) to update regulations so that nuclear power reactor licensees using decommissioning trust funds provide additional information in their regular financial reports. The goal is to increase transparency about how these funds are managed and spent.

Key Provisions

• The NRC must revise section 50.82 of title 10 of the Code of Federal Regulations.
• Power reactor licensees that use decommissioning trust funds must include the following in each financial assurance status report:
• Any interest earned by the fund.
• The projected annual rate of return for the fund.
• A detailed list of all expenditures made for decommissioning activities from fund withdrawals.
• These requirements apply only to licensees that use such trust funds.

Significant Changes to Existing Law

• The bill adds three new mandatory reporting items to the existing financial assurance status report process.
• It does not alter the underlying authority or structure of decommissioning trust funds but expands the level of detail licensees must provide to the NRC.

Potential Impacts

• Government agencies: The NRC would receive more detailed financial data, potentially improving its ability to monitor fund use.
• Citizens: Greater public access to information on how decommissioning funds are spent could increase accountability.
• International relations: No direct effects are outlined in the bill.

Main Stakeholders Affected

• Nuclear Regulatory Commission (regulatory oversight role).
• Power reactor licensees (nuclear plant operators required to submit the new reports).
• Communities and ratepayers near nuclear facilities (indirect interest in fund transparency).

Notable Legal, Constitutional, or Political Implications

• The bill strengthens regulatory reporting requirements under existing NRC authority without creating new enforcement mechanisms.
• It raises no apparent constitutional concerns, as it falls within Congress’s power to direct federal agencies on regulatory matters.
• Politically, it emphasizes accountability in nuclear decommissioning without altering core safety standards.

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Lawler, Michael [R-NY-17]

Recent Actions

• 2025-10-21: Referred to the House Committee on Energy and Commerce.
• 2025-10-21: Introduced in House
• 2025-10-21: Introduced in House

Bill Versions

• Reactor Expenditure Accountability and Compliance Transparency Act — issued 2025-10-21 — PDF (2 pages)