SF0108 - Nuclear fuel rod storage.

 

2001

State of Wyoming

01LSO-0344

 

 

 

SENATE FILE NO.  SF0108

 

 

Nuclear fuel rod storage.

 

Sponsored by:

 

 

A BILL

 

for

 

 1  AN ACT relating to taxation and revenue; providing for the
 2  taxation of a high-level radioactive waste storage facility
 3  as specified; providing for negotiation of benefits as
 4  specified; and providing for an effective date.

 5 

 6  Be It Enacted by the Legislature of the State of Wyoming:

 7 

 8         Section 1.  W.S. 35-11-1503(d), 35-11-1504(a),
 9  (b)(iv)(intro), 35-11-1505 and 35-11-1506(a), (b)(iii),
10  (iv)(D) and by creating a new paragraph (v) are amended to
11  read:

12 

13         35-11-1503.  Preparation of the report by the
14  department.

15 

16         (d)  The report shall include a proposed benefits
17  agreement, which shall be negotiated with the person who

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 1  proposes to site the high-level radioactive waste storage
 2  facility by the department of revenue with cooperation from
 3  other appropriate state agencies as requested by the
 4  department of revenue.

 5 

 6         35-11-1504.  Public review of any report for the
 7  siting of a high-level radioactive waste storage facility;
 8  submission to legislature.

 9 

10         (a)  The department shall submit any report prepared
11  under W.S. 35-11-1503 for public review as required under
12  this section. The public shall be afforded an opportunity
13  to review the report and provide comments to the director.
14  To the extent practicable, the director shall hold public
15  hearings throughout the state to receive comments on the
16  report. The portion of the report containing the proposed
17  benefits agreement prepared pursuant to W.S. 35-11-1503(d)
18  shall be made available for public review under a format
19  agreed upon by the department of revenue and the person
20  undertaking the siting.

21 

22         (b)  Following any public review of the report as
23  provided in this section, but in no event before the United
24  States department of energy issues a final environmental

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 1  impact statement with the Yucca mountain site
 2  recommendation submitted to the president of the United
 3  States along with a license application for Yucca mountain
 4  as the permanent repository for high-level radioactive
 5  waste, the director shall submit the report to the
 6  legislature. The submission by the director shall include:

 7 

 8              (iv)  The proposed benefits agreement, which
 9  shall be negotiated by the department of revenue with
10  cooperation from other appropriate state agencies,
11  including but not limited to:

12 

13         35-11-1505.  Benefits agreement.

14 

15         (a)  No benefits agreement shall be finally effective
16  until authorized by the legislature under W.S. 35-11-1506.
17  The benefits agreement shall be sufficient to offset
18  adverse environmental, public health, social or economic
19  impacts to the state as a whole, and specifically to the
20  local area hosting the storage facility. The benefits
21  agreement shall be attached to and made part of any permit
22  for the facility. Failure to adhere to the benefits
23  agreement shall be considered grounds for enforcement up to
24  and including permit termination. No benefits agreement as

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 1  provided in this section shall limit or waive any rights
 2  afforded to the state by the Nuclear Waste Policy Act, as
 3  of March 1, 1995, including any right to disapprove any
 4  site or siting.

 5 

 6         (b)  The department of revenue's recommendation for a
 7  benefits agreement shall be made to the governor and the
 8  department of environmental quality not later than November
 9  1, 2001.

10 

11         35-11-1506.  Legislative approval of the siting of
12  high-level radioactive waste storage facilities;
13  conditions.

14 

15         (a)  No construction may commence, nor shall any high-
16  level radioactive waste storage facility be sited within
17  this state, unless the legislature has enacted legislation
18  approving the siting, construction and operation of the
19  facility including taxation of the facility and any
20  materials stored in the facility in accord with this
21  section. Any authorization of a facility under this section
22  shall not be considered to grant to any person an exclusive
23  right or franchise to store high-level radioactive wastes
24  within the state.

 

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 1 

 2         (b)  The legislature may authorize one (1) or more
 3  facilities under subsection (a) of this section if it finds
 4  that:

 5 

 6              (iii)  The proposed benefits agreement is
 7  sufficient to offset any adverse environmental, public
 8  health, social or economic impacts to the state as a whole,
 9  and specifically to the local area hosting the proposed
10  storage facility; and

11 

12              (iv)  Sufficient safeguards, by contractual
13  assurances or other means, exist to provide that:

14 

15                   (D)  There exists either a cooperative
16  agreement between the state and the nuclear regulatory
17  commission, or such other legally binding agreement for
18  specific performance between the director and the
19  applicant, which shall provide for state regulation of the
20  facility;. and

21 

22              (v)  The facility will be taxed according to a
23  recommendation from the department of revenue and accepted
24  by the legislature. The department of revenue shall

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 1  recommend a fair and equal taxation system for the facility
 2  and any materials stored in the facility. The department's
 3  recommendation shall be made to the governor and the
 4  department of environmental quality not later than November
 5  1, 2001.

 6 

 7         Section 2.  This act is effective immediately upon
 8  completion of all acts necessary for a bill to become law
 9  as provided by Article 4, Section 8 of the Wyoming
10  Constitution.

11 

12                         (END)

 

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