the establishment of an international regime for the as-
sured supply of nuclear fuel for peaceful means at current 
market prices under multilateral authority, such as the 
International Atomic Energy Agency. The report shall in-
clude an assessment of the feasibility of establishing an 
international fuel services center within the United States. 
TITLE II—INTERNATIONAL 
NUCLEAR FUEL BANK 
SEC. 201. VOLUNTARY CONTRIBUTIONS TO THE INTER-
NATIONAL ATOMIC ENERGY AGENCY. 
(a) VOLUNTARY CONTRIBUTIONS AUTHORIZED.— 
The President is authorized to make voluntary contribu-
tions on a grant basis to the International Atomic Energy 
Agency (hereinafter in this section referred to as the 
‘‘IAEA’’) for the purpose of supporting the establishment 
of an international nuclear fuel bank to maintain a reserve 
of low-enriched uranium for reactor fuel to provide to eligi-
ble countries in the case of a disruption in the supply of 
reactor fuel by normal market mechanisms. 
(b) REQUIREMENTS.—Voluntary contributions under 
subsection (a) may be provided only if the President cer-
tifies to the Committee on Foreign Affairs of the House 
of Representatives and the Committee on Foreign Rela-
tions of the Senate that—
(1) the IAEA has received pledges in a total 
amount of not less than $100,000,000 and is in re-
ceipt of not less than $75,000,000 of such pledges 
for the purpose of supporting the establishment of 
the international nuclear fuel bank referred to in 
subsection (a); 
(2) the international nuclear fuel bank referred 
to in subsection (a) will be established within the 
territory of a non-nuclear weapon state, and will be 
under the oversight of the IAEA, only if— 
(A) the non-nuclear weapon state, among 
other things— 
(i) has a full scope safeguards agree-
ment with the IAEA and an additional 
protocol for safeguards in force; 
(ii) has never been determined by the 
IAEA Board of Governors to be in non-
compliance with its IAEA full scope safe-
guards agreement and its additional pro-
tocol for safeguards; and 
(iii) has effective enforceable export 
controls regarding nuclear and dual-use 
nuclear technology and other sensitive ma-
terials comparable to those maintained by 
the United States; and
(B) the Secretary of State has never deter-
mined, for purposes of section 6(j) of the Ex-
port Administration Act of 1979, section 620A 
of the Foreign Assistance Act of 1961, section 
40 of the Arms Export Control Act, or any 
other provision of law, that the government of 
the non-nuclear weapon state has repeatedly 
provided support for acts of international ter-
rorism; 
(3) the international nuclear fuel bank referred 
to in subsection (a) will provide nuclear reactor fuel 
to a country only if, at the time of the request for 
nuclear reactor fuel— 
(A) the country is in full compliance with 
its IAEA safeguards agreement and has an ad-
ditional protocol for safeguards in force; 
(B) in the case of a country that at any 
time prior to the request for nuclear reactor 
fuel has been determined to be in noncompli-
ance with its IAEA safeguards agreement, the 
IAEA Board of Governors determines that the 
country has taken all necessary actions to sat-
isfy any concerns of the IAEA Director General 
regarding the activities that led to the prior de-
termination of noncompliance;
(C) the country agrees to use the nuclear 
reactor fuel in accordance with its IAEA safe-
guards agreement; 
(D) the country has effective and enforce-
able export controls regarding nuclear and dual- 
use nuclear technology and other sensitive ma-
terials comparable to those maintained by the 
United States; 
(E) the country does not possess uranium 
enrichment or spent-fuel reprocessing facilities 
of any scale; and 
(F) the government of the country is not 
a state sponsor of terrorism for purposes of sec-
tion 6(j) of the Export Administration Act of 
1979, section 620A of the Foreign Assistance 
Act of 1961, section 40 of the Arms Export 
Control Act, or any other provision of law; 
(4) the international nuclear fuel bank referred 
to in subsection (a) will not contain uranium enrich-
ment or spent-fuel reprocessing facilities; and 
(5) the nuclear reactor fuel referred to in para-
graph (3) will be provided to a country referred to 
in such paragraph only at current market prices.
(c) WAIVER.—The President may waive the require-
ment of subparagraph (F) of subsection (b)(3) if the 
President— 
(1) determines that it is important to the na-
tional security interests of the United States to do 
so; and 
(2) transmits to the Committee on Foreign Af-
fairs of the House of Representatives and the Com-
mittee on Foreign Relations of the Senate a report 
that contains the basis of the determination under 
paragraph (1). 
(d) RULE OF CONSTRUCTION.—Nothing in this sec-
tion shall be construed to authorize voluntary contribu-
tions under subsection (a) to support subsidization of the 
price of nuclear reactor fuel whose supply would be as-
sured by the United States, the IAEA, or any other state 
or international entity covered by this section. 
SEC. 202. AUTHORIZATION OF APPROPRIATIONS. 
(a) IN GENERAL.—To carry out section 201, there 
is authorized to be appropriated to the President 
$50,000,000 for fiscal year 2008. 
(b) AVAILABILITY OF APPROPRIATIONS.—Amounts 
appropriated pursuant to the authorization of appropria-
tions under subsection (a) are authorized to remain avail-
able until September 30, 2010. 
Passed the House of Representatives June 18, 2007. 
Attest: 
Clerk.
110TH CONGRESS 
1ST SESSION 
H. R. 885 
AN ACT 
To support the establishment of an international 
regime for the assured supply of nuclear fuel for 
peaceful means and to authorize voluntary con-
tributions to the International Atomic Energy 
Agency to support the establishment of an inter-
national nuclear fuel bank.