Summary of expenditures of rebates from the low-level radioactive waste surcharge escrow account for calendar year 1995
This report is submitted in response to Title 1 of the 1980 Low-Level Radioactive Waste Policy Act, as amended, (the Act). The report summarizes expenditures made by compact regions and unaffiliated states during calendar year 1995 of surcharge rebates from the July 1, 1986, January 1, 1988, and January 1, 1990, milestones, and the January 1, 1993, deadline. Section 5(d)(2)(A) of the Act requires the Department of Energy (DOE) to administer a surcharge escrow account. This account consists of a portion of the surcharge fees paid by generators of low-level radioactive waste in nonsited compact regions (compact regions currently without disposal sites) and nonmember states (states without disposal sites that are not members of compact regions) to the three sited states (states with operating disposal facilities--Nevada, South Carolina, and Washington) for the use of facilities in sited states through the end of 1992. In administering the surcharge escrow account, the Act requires DOE to: (1) Invest the funds in interest-bearing United States Government securities with the highest available yield; (2) Determine eligibility for rebates of the funds by evaluating compact region and state progress toward developing new disposal sites against the milestone requirements set forth in the Act; (3) Disburse the collected rebates and accrued interest to eligible compact regions, states, or generators; (4) Assess compliance of rebate expenditures in accordance with the conditions and limitations prescribed in the Act; and (5) Submit a report annually to Congress summarizing rebate expenditures by state and compact region and assessing the compliance of each such state or compact region with the requirement for expenditure of the rebates as provided in section 5(d)(2)(E) of the Act.
- Research Organization:
- USDOE Office of Environmental Restoration and Waste Management, Washington, DC (United States)
- Sponsoring Organization:
- USDOE, Washington, DC (United States)
- OSTI ID:
- 366471
- Report Number(s):
- DOE/EM--0303; ON: DE96014523; NC: NONE
- Country of Publication:
- United States
- Language:
- English
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