ABSTRACT

Congressional Budget Office Cost Estimate: S. 2368, Nuclear Energy Renewal Act of 2019   [open pdf - 34KB]

This is the Congressional Budget Office Cost Estimate as reported by the Senate Committee on Energy and Natural Resources on January 9, 2020. From the Document: "S. 2368 would amend the Atomic Energy Act of 1954 and the Energy Policy Act of 2005. The bill would authorize the appropriation of $741.5 million annually through 2029 for nuclear energy research, development, and the licensing of certain nuclear facilities. (In 2019, the Department of Energy (DOE) allocated $756 million of appropriated funds to carry out programs authorized by S. 2368.) Based on historical spending patterns, CBO [Congressional Budget Office] estimates that implementing S. 2368 would cost $2.5 billion over the 2020-2024 period and $4.2 billion after 2024."

Publisher:
Date:
2020-01-15
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://www.cbo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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