New Jersey 2022-2023 Regular Session

New Jersey Assembly Bill ACR126

Introduced
3/7/22  

Caption

Urges President of United States and United States Congress to annually financially compensate every local unit of government in United States where there is located decommissioned nuclear power plant in which spent nuclear fuel is stored.

Impact

The proposed resolution reflects ongoing challenges stemming from the Nuclear Waste Policy Act of 1982, which tasked the Department of Energy with establishing a repository for nuclear waste that has yet to be built. This situation has resulted in local governments becoming de facto interim storage sites, facing the adverse impacts of reduced property values and heightened tax burdens on residents. The bill advocates that the federal government should fulfill its prior commitments and provide financial support, calculated at a specific rate per kilogram of stored nuclear waste, to alleviate these financial strains.

Summary

Assembly Concurrent Resolution No. 126, known as ACR126, urges the President of the United States and Congress to provide annual financial compensation to local governments that host decommissioned nuclear power plants storing spent nuclear fuel. This resolution emphasizes the financial burden on these municipalities, which, due to the presence of nuclear waste, are unable to redevelop the contaminated sites, leading to significant property tax losses. The resolution draws attention to the need for federal action to rectify this injustice suffered by localities housing decommissioned nuclear facilities.

Contention

ACR126 is grounded in the recognition that local units of government have become permanent repositories for nuclear waste, impacting their economic vitality and social cohesion. The resolution calls for immediate legislative action to ensure they receive compensation until the establishment of a national repository for nuclear waste, thereby balancing the inequity faced by these communities. However, there may be contention over the extent of federal responsibility for local economic conditions, with debates likely focusing on funding priorities and the overall urgency of establishing safe nuclear waste disposal solutions.

Companion Bills

NJ SCR90

Same As Urges President of United States and United States Congress to annually financially compensate every local unit of government in United States where there is located decommissioned nuclear power plant in which spent nuclear fuel is stored.

Previously Filed As

NJ SCR90

Urges President of United States and United States Congress to annually financially compensate every local unit of government in United States where there is located decommissioned nuclear power plant in which spent nuclear fuel is stored.

NJ SCR77

Urges President of United States and United States Congress to annually financially compensate every local unit of government in United States where there is located decommissioned nuclear power plant in which spent nuclear fuel is stored.

NJ ACR65

Urges President of United States and United States Congress to annually financially compensate every local unit of government in United States where there is located decommissioned nuclear power plant in which spent nuclear fuel is stored.

NJ A3362

Subjects spent nuclear fuel located in a decommissioned nuclear power plant to taxation as business personal property.

NJ S1703

Subjects spent nuclear fuel located in a decommissioned nuclear power plant to taxation as business personal property.

NJ HCR65

Urging the United States Congress and the Department of Energy to fulfill federal obligations regarding spent nuclear fuel and establish a permanent repository

NJ A3363

Deems spent nuclear fuel from decommissioned nuclear power plant to be real property.

NJ S1701

Deems spent nuclear fuel from decommissioned nuclear power plant to be real property.

NJ S1931

Subjects spent nuclear fuel located in a decommissioned nuclear power plant to taxation as business personal property.

NJ A1767

Subjects spent nuclear fuel located in a decommissioned nuclear power plant to taxation as business personal property.

Similar Bills

NJ SCR90

Urges President of United States and United States Congress to annually financially compensate every local unit of government in United States where there is located decommissioned nuclear power plant in which spent nuclear fuel is stored.

NJ SCR77

Urges President of United States and United States Congress to annually financially compensate every local unit of government in United States where there is located decommissioned nuclear power plant in which spent nuclear fuel is stored.

NJ ACR65

Urges President of United States and United States Congress to annually financially compensate every local unit of government in United States where there is located decommissioned nuclear power plant in which spent nuclear fuel is stored.

CA SJR11

Spent Fuel Prioritization Act of 2019.

WV HCR65

Urging the United States Congress and the Department of Energy to fulfill federal obligations regarding spent nuclear fuel and establish a permanent repository

CA SJR12

Oil and gas leases: bankruptcy.

WY HB0016

Used nuclear fuel storage-amendments.

US HB9168

Plug Offshore Wells Act