Us Congress 2023-2024 Regular Session

Us Congress House Bill HB3483

Introduced

5/18/23

Refer

5/18/23

Caption

Strategic Nuclear Infrastructure Act

Impact

The potential impact of HB3483 on state laws lies primarily in its directive to form a working group that will report directly to the National Security Council on how to structure a Strategic Infrastructure Fund. This fund is proposed to not only support nuclear-related projects but also to encompass projects that can boost strategic economic initiatives. By structuring this fund under federal oversight, the bill could result in increased federal involvement in infrastructure development, influencing state-level regulations and planning, particularly in energy and technology sectors.

Summary

House Bill 3483, titled the 'Strategic Nuclear Infrastructure Act', aims to establish a working group responsible for assessing the feasibility of creating a fund dedicated to strategically important capital-intensive infrastructure projects. The bill emphasizes the need for significant investment in sectors critical to national interest, particularly focusing on civil nuclear technologies and microprocessors. The overarching goal is to enhance the country’s infrastructure capabilities in key areas that are vital for security and economic growth.

Contention

Discussions surrounding HB3483 may bring up notable points of contention, particularly regarding the control and governance of the proposed fund. Stakeholders may debate the balance between federal and state authority in managing such a fund, especially in areas where state governments traditionally have had more control. Critics of federal oversight might voice concerns about the implications of centralized funding power, especially if it is perceived to diminish local input on infrastructure projects that directly affect state and community interests. Moreover, safeguarding against misuse of funds and ensuring transparency in the allocation processes could also be contentious points in the legislative discussions.

Latest HB3483 Activity

Companion Bills

US SB826

Related International Nuclear Energy Act of 2023

US HB2938

Related International Nuclear Energy Act of 2023

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