I 
108TH CONGRESS 
1ST SESSION 
H. R. 763
To provide for the disposition of United States Government uranium 
inventories. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 13, 2003
Mrs. CUBIN introduced the following bill; which was referred to the Committee 
on Energy and Commerce 
A BILL 
To provide for the disposition of United States Government 
uranium inventories.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. AMENDMENT. 
Section 3112 of the USEC Privatization Act (42 
U.S.C. 2297h–10) is amended by striking subsections (d) 
and (e) and inserting the following: 
‘‘(d)(1)(A) The aggregate annual deliveries of ura-
nium in any form (including natural uranium con-
centrates, natural uranium hexafluoride, enriched ura-
nium, and depleted uranium) sold or transferred by the
United States Government shall not exceed 3,000,000 
pounds U3O8 equivalent per year through calendar year 
2009. Such aggregate annual deliveries shall not exceed 
5,000,000 pounds U3O8 equivalent per year in calendar 
years 2010 and 2011. Such aggregate annual deliveries 
shall not exceed 7,000,000 pounds U3O8 equivalent in cal-
endar year 2012. Such aggregate annual deliveries shall 
not exceed 10,000,000 pounds U3O8 equivalent per year 
in calendar year 2013 and each year thereafter. Any sales 
or transfers by the United States Government shall be lim-
ited to long-term contracts with end users of no less than 
3 years duration. 
‘‘(B) Sales or transfers of uranium by the United 
States Government for the following purposes are exempt 
from the provisions of this subsection: 
‘‘(i) Sales or transfers provided for under exist-
ing law for use by the Tennessee Valley Authority in 
relation to the Department of Energy’s high-en-
riched uranium or tritium programs. 
‘‘(ii) Sales or transfers to the Department of 
Energy research reactor sales program. 
‘‘(iii) The transfer of any natural uranium to 
the United States Enrichment Corporation to re-
place contaminated uranium received from the De-
partment of Energy when the United States Enrich-
ment Corporation was privatized in July 1998. 
‘‘(iv) The sale or transfer of any natural ura-
nium for emergency purposes in the event of a dis-
ruption in supply to end users in the United States. 
‘‘(v) The sale or transfer of any natural ura-
nium in fulfillment of the United States Govern-
ment’s obligations to provide security of supply with 
respect to implementation of the Russian HEU 
Agreement.
‘‘(vi) The sale or transfer of any enriched ura-
nium for use in a Pebble Bed Modular Reactor, a 
Gas Turbine Modular Helium Reactor, a High Tem-
perature Gas Reactor, or any other advanced com-
mercial nuclear power plant in the United States 
with nonstandard fuel requirements. 
‘‘(C) The Secretary may transfer or sell enriched ura-
nium to any person for national security purposes, as de-
termined by the Secretary. 
‘‘(2) Except as provided in subsections (b) and (c), 
and in paragraph (1)(B) and (C) of this subsection, no 
sale or transfer of uranium in any form shall be made 
by the United States Government unless—
‘‘(A) the President determines that the material 
is not necessary for national security needs;
‘‘(B) the price paid to the Secretary will not be 
less than the fair market value of the material, as 
determined at the time that such material is con-
tracted for sale; 
‘‘(C) prior to any sale or transfer, the Secretary 
solicits the written views of the Department of State 
and the National Security Council with regard to 
whether such sale or transfer would have any ad-
verse effect on national security interests of the 
United States, including interests related to the im-
plementation of the Russian HEU Agreement; and 
‘‘(D) neither the Department of State or the 
National Security Council objects to such sale or 
transfer. 
The Secretary shall endeavor to determine whether a sale 
or transfer is permitted under this paragraph within 30 
days. The Secretary’s determinations pursuant to this 
paragraph shall be made available to interested members 
of the public prior to authorizing any such sale or transfer. 
‘‘(3) Within 1 year after the date of enactment of 
this subsection and annually thereafter the Secretary shall 
undertake an assessment for the purpose of reviewing 
available excess Government uranium inventories, and de-
termining, consistent with the procedures and limitations
established in this subsection, the level of inventory to be 
sold or transferred to end users. 
‘‘(4) Within 5 years after the date of enactment of 
this subsection and biennially thereafter the Secretary 
shall report to the Congress on the implementation of this 
subsection. The report shall include a discussion of all 
sales or transfers made by the United States Government, 
the impact of such sales or transfers on the domestic ura-
nium industry, the spot market uranium price, and the 
national security interests of the United States, and any 
steps taken to remediate any adverse impacts of such sales 
or transfers. 
‘‘(5) For purposes of this subsection, the term 
‘United States Government’ does not include the Ten-
nessee Valley Authority.’’.
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