Key: (1) language to be deleted (2) new language
CHAPTER 201-S.F.No. 1646
An act relating to nuclear waste; requiring the
commissioner of public service to collect and hold in
escrow funds for the disposal of high-level
radioactive waste.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. [NUCLEAR WASTE ESCROW ACCOUNT.]
Beginning July 1, 1997, the public utilities commission may
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 public service. 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. [EFFECTIVE DATE.]
Section 1 is effective July 1, 1997.
Presented to the governor May 20, 1997
Signed by the governor May 22, 1997, 11:55 a.m.
Official Publication of the State of Minnesota
Revisor of Statutes