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HF 894

1st Engrossment - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:42am

KEY: stricken = removed, old language.
underscored = added, new language.
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Engrossments
Introduction Posted on 02/16/2009
1st Engrossment Posted on 03/02/2009

Current Version - 1st Engrossment

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A bill for an act
 relating to nuclear waste; requiring commissioner of commerce to collect and
hold in escrow fees paid by Minnesota ratepayers for permanent repository for
disposal of high-level radioactive waste; amending Laws 1997, chapter 201,
section 1.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Laws 1997, chapter 201, section 1, is amended to read:


Section 1. NUCLEAR WASTE ESCROW ACCOUNT.

Beginning July 1, deleted text begin 1997deleted text end new text begin 2009new text end , the public utilities commission deleted text begin maydeleted text end new text begin shallnew text end direct
persons in Minnesota that are generating or holding title to high-level radioactive waste
or spent nuclear fuel and that are subject to the fee specified under United States Code,
title 42, section 10222, to remit the proceeds of that fee to the commissioner of deleted text begin public
servicedeleted text end new text begin commercenew text end . The commissioner shall place all revenues collected from this fee into
an interest-bearing escrow account. The commissioner shall release the funds in the
escrow account to the secretary of the federal Department of Energy upon a showing by
the secretary that a federal repository for the long-term storage and permanent disposal of
spent nuclear fuel and high-level radioactive waste is operating and currently accepting
such materials.

This section is intended to enable the state of Minnesota to adopt or implement
any appropriate relief granted by a court of competent jurisdiction for the United States
Department of Energy breach of its obligations to dispose of commercial spent nuclear
fuel not later than January 31, 1998.

Sec. 2. new text begin REVISOR'S INSTRUCTION.
new text end

new text begin The revisor shall codify section 1 in the appropriate section of Minnesota Statutes.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin Sections 1 and 2 are effective the day following federal
action releasing any utility that owns or operates a nuclear power plant from its financial
obligations under United States Code, title 42, section 10222.
new text end