S.Amdt. 1985

SA 1985. 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) Uranium reserve.--The term ``Uranium Reserve'' means
the uranium reserve operated pursuant to the program
established under subsection (b).
(2) Secretary.--The term ``Secretary'' means the Secretary
of Energy, acting through the Under Secretary for Science and
Energy.
(b) Establishment.--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.
(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, of the amounts authorized in section 2117(a),
$150,000,000 is authorized for each of fiscal years 2022
through 2026 to carry out this section.
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