S.Amdt. 1532

SA 1532. 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___. NATIONAL STRATEGIC URANIUM RESERVE.

(a) Definitions.--In this section:
(1) Program.--The term ``program'' means the program
established under subsection (b)(1).
(2) Uranium reserve.--The term ``Uranium Reserve'' means
the uranium reserve operated pursuant to the program.
(3) 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 60 days after the date of
enactment of this Act, the Secretary shall establish a
program to operate a uranium reserve comprised of uranium
recovered in the United States in accordance with this
section.
(2) Authority.--In establishing the program and operating
the Uranium Reserve,

[[Page S2793]]

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 Uranium Reserve are--
(1) to address domestic nuclear supply chain issues;
(2) to provide assurance of the availability of uranium
recovered in the United States in the event of a supply
disruption; and
(3) to support strategic nuclear fuel cycle capabilities in
the United States.
(d) Exclusion.--The Secretary shall exclude from the
Uranium Reserve uranium that is recovered in the United
States 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.
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