S.Amdt. 1531

SA 1531. Mr. BARRASSO submitted an amendment intended to be proposed
to amendment SA 1502 proposed by Mr. Schumer to the bill S. 1260, to
establish a new Directorate for Technology and Innovation in the
National Science Foundation, to establish a regional technology hub
program, to require a strategy and report on economic security,
science, research, innovation, manufacturing, and job creation, to
establish a critical supply chain resiliency program, and for other
purposes; which was ordered to lie on the table; as follows:

At the appropriate place in title V of division B, insert
the following:

SEC. 25__. HA-LEU BANK.

(a) Definitions.--In this section:
(1) HA-LEU.--The term ``HA-LEU'' means high-assay, low-
enriched uranium.
(2) HA-LEU Bank.--The term ``HA-LEU Bank'' means the HA-LEU
Bank operated pursuant to the program.
(3) High-assay, low-enriched uranium.--The term ``high-
assay, low-enriched uranium'' means uranium having an assay
greater than 5.0 weight percent and less than 20.0 weight
percent of the uranium-235 isotope.
(4) Program.--The term ``program'' means the program
established under subsection (b)(1).
(5) Secretary.--The term ``Secretary'' means the Secretary
of Energy, acting through the Under Secretary for Science and
Energy.
(b) Establishment.--
(1) In general.--Not later than 180 days after the date of
enactment of this Act, the Secretary shall establish a
program to operate a HA-LEU Bank in accordance with this
section.
(2) Authority.--In establishing the program and operating
the HA-LEU Bank, the Secretary shall use the authority
granted to the Secretary by sections 53, 63, and 161 g. of
the Atomic Energy Act of 1954 (42 U.S.C. 2073, 2093,
2201(g)).
(c) Purposes.--The purposes of the HA-LEU Bank are--
(1) to provide for the availability of domestically
produced HA-LEU;
(2) to address domestic nuclear supply chain issues; and
(3) to support strategic nuclear fuel cycle capabilities in
the United States.
(d) Exclusion.--The Secretary shall exclude from the HA-LEU
Bank uranium that is enriched by an entity that--
(1) is owned or controlled by the Government of the Russian
Federation or the Government of the People's Republic of
China; or
(2) is organized under the laws of, or otherwise subject to
the jurisdiction of, the Russian Federation or the People's
Republic of China.
(e) Funding.--Notwithstanding any other provision of this
Act, out of any amounts appropriated pursuant to section
2117(a), there shall be made available to the Secretary to
carry out this section $150,000,000 for each of fiscal years
2022 through 2026.
(f) Conforming Amendment.--Section 2001(a)(2)(D) of the
Energy Act of 2020 (42 U.S.C. 16281(a)(2)(D)) is amended--
(1) in clause (v)(III), by adding ``or'' after the
semicolon at the end;
(2) by striking clause (vi); and
(3) by redesignating clause (vii) as clause (vi).
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