Title: Russian Suspension Agreement Extension Act of 2020
Policy area: International Affairs

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.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 4694 Introduced in Senate (IS)]

<DOC>






116th CONGRESS
  2d Session
                                S. 4694

To extend and expand limitations on the importation of uranium from the 
              Russian Federation, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           September 24, 2020

Mr. Barrasso (for himself, Mr. Heinrich, Ms. Murkowski, Mr. Risch, Mr. 
    Graham, Mr. Cramer, Mr. Cotton, and Mr. Manchin) introduced the 
 following bill; which was read twice and referred to the Committee on 
                      Energy and Natural Resources

_______________________________________________________________________

                                 A BILL


 
To extend and expand limitations on the importation of uranium from the 
              Russian Federation, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Russian Suspension Agreement 
Extension Act of 2020''.

SEC. 2. EXTENSION AND EXPANSION OF LIMITATIONS ON IMPORTATION OF 
              URANIUM FROM RUSSIAN FEDERATION.

    (a) In General.--Section 3112A of the USEC Privatization Act (42 
U.S.C. 2297h-10a) is amended--
            (1) in subsection (a)--
                    (A) by redesignating paragraph (7) as paragraph 
                (8); and
                    (B) by inserting after paragraph (6) the following:
            ``(7) Suspension agreement.--The term `Suspension 
        Agreement' has the meaning given that term in section 
        3102(13).'';
            (2) in subsection (b)--
                    (A) by striking ``United States to support'' and 
                inserting the following: ``United States--
            ``(1) to support'';
                    (B) by striking the period at the end and inserting 
                a semicolon; and
                    (C) by adding at the end the following:
            ``(2) to reduce reliance on uranium imports in order to 
        protect essential national security interests;
            ``(3) to revive and strengthen the supply chain for nuclear 
        fuel produced and used in the United States; and
            ``(4) to expand production of nuclear fuel in the United 
        States.''; and
            (3) in subsection (c)--
                    (A) in paragraph (2)--
                            (i) in subparagraph (A)--
                                    (I) in clause (vi), by striking ``; 
                                and'' and inserting a semicolon;
                                    (II) in clause (vii), by striking 
                                the period at the end and inserting a 
                                semicolon; and
                                    (III) by adding at the end the 
                                following:
                            ``(viii) in calendar year 2021, 596,682 
                        kilograms;
                            ``(ix) in calendar year 2022, 489,617 
                        kilograms;
                            ``(x) in calendar year 2023, 578,877 
                        kilograms;
                            ``(xi) in calendar year 2024, 476,536 
                        kilograms;
                            ``(xii) in calendar year 2025, 470,376 
                        kilograms;
                            ``(xiii) in calendar year 2026, 464,183 
                        kilograms;
                            ``(xiv) in calendar year 2027, 459,083 
                        kilograms;
                            ``(xv) in calendar year 2028, 344,312 
                        kilograms;
                            ``(xvi) in calendar year 2029, 340,114 
                        kilograms;
                            ``(xvii) in calendar year 2030, 332,141 
                        kilograms;
                            ``(xviii) in calendar year 2031, 328,862 
                        kilograms;
                            ``(xix) in calendar year 2032, 322,255 
                        kilograms;
                            ``(xx) in calendar year 2033, 317,536 
                        kilograms;
                            ``(xxi) in calendar year 2034, 298,088 
                        kilograms;
                            ``(xxii) in calendar year 2035, 294,511 
                        kilograms;
                            ``(xxiii) in calendar year 2036, 286,066 
                        kilograms;
                            ``(xxiv) in calendar year 2037, 281,272 
                        kilograms;
                            ``(xxv) in calendar year 2038, 277,124 
                        kilograms;
                            ``(xxvi) in calendar year 2039, 277,124 
                        kilograms; and
                            ``(xxvii) in calendar year 2040, 267,685 
                        kilograms.'';
                            (ii) by redesignating subparagraph (B) as 
                        subparagraph (C); and
                            (iii) by inserting after subparagraph (A) 
                        the following:
                    ``(B) Administration.--
                            ``(i) In general.--The Secretary of 
                        Commerce shall administer the import 
                        limitations described in subparagraph (A) in 
                        accordance with the provisions of the 
                        Suspension Agreement, including--
                                    ``(I) the limitations on sales of 
                                enriched uranium product and separative 
                                work units plus conversion, in amounts 
                                determined in accordance with Section 
                                IV.B.1 of the Suspension Agreement (as 
                                amended by the draft amendment 
                                published in the Federal Register on 
                                September 16, 2020 (85 Fed. Reg. 
                                57826)), and Appendix 5 of the 
                                Suspension Agreement;
                                    ``(II) the requirements for natural 
                                uranium returned feed associated with 
                                imports of low-enriched uranium, 
                                including pursuant to sales of 
                                enrichment, with or without conversion, 
                                from the Russian Federation, as set 
                                forth in such Section IV.B.1; and
                                    ``(III) any other provisions of the 
                                Suspension Agreement.
                            ``(ii) Effect of termination of suspension 
                        agreement.--Clause (i) shall remain in effect 
                        if the Suspension Agreement is terminated.'';
                    (B) in paragraph (3)--
                            (i) in subparagraph (A), by striking the 
                        semicolon and inserting ``; or'';
                            (ii) in subparagraph (B), by striking ``; 
                        or'' and inserting a period; and
                            (iii) by striking subparagraph (C);
                    (C) in paragraph (5)--
                            (i) in subparagraph (A), by striking 
                        ``reference data'' and all that follows through 
                        ``2019'' and inserting the following: ``lower 
                        scenario data in the report of the World 
                        Nuclear Association entitled `The Nuclear Fuel 
                        Report: Global Scenarios for Demand and Supply 
                        Availability 2019-2040'. In each of calendar 
                        years 2023, 2029, and 2035''; and
                            (ii) by redesignating subparagraphs (B) and 
                        (C) as subparagraphs (C) and (D), respectively;
                            (iii) by inserting after subparagraph (A) 
                        the following:
                    ``(B) Report required.--Not later than one year 
                after the date of the enactment of the Russian 
                Suspension Agreement Extension Act of 2020, and every 3 
                years thereafter, the Secretary shall submit to 
                Congress a report that includes--
                            ``(i) a recommendation on the use of all 
                        publicly available data to ensure accurate 
                        forecasting by scenario data to comport to 
                        actual demand for low-enriched uranium for 
                        nuclear reactors in the United States; and
                            ``(ii) an identification of the steps to be 
                        taken to adjust the import limitations 
                        described in paragraph (2)(A) based on the most 
                        accurate scenario data.''; and
                            (iv) in subparagraph (D), as redesignated 
                        by clause (ii), by striking ``subparagraph 
                        (B)'' and inserting ``subparagraph (C)'';
                    (D) in paragraph (9), by striking ``2020'' and 
                inserting ``2040'';
                    (E) in paragraph (12)(B), by inserting ``or the 
                Suspension Agreement'' after ``the Russian HEU 
                Agreement''; and
                    (F) by striking ``(2)(B)'' each place it appears 
                and inserting ``(2)(C)''.
    (b) Applicability.--The amendments made by subsection (a) apply 
with respect to uranium imported from the Russian Federation on or 
after January 1, 2021.
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