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H.R.5608 / 116th Congress

STRANDED Act of 2020

Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

Official summary

Version 00 · Introduced in House · Jan 15, 2020

Sensible, Timely Relief for America's Nuclear Districts' Economic Development Act of 2020 or the STRANDED Act of 2020

This bill addresses communities affected by stranded nuclear waste. The bill defines stranded nuclear waste as nuclear waste or spent nuclear fuel stored in dry casks or spent fuel pools at the site of an eligible civilian nuclear power plant.

Specifically, the bill

provides a first-time homebuyer tax credit for homeownership in nuclear affected communities;

directs the Economic Development Administration to establish a competitive prize competition to award prizes to affected communities for proposals to carry out alternatives to nuclear facilities, generating sites, and waste sites; and

provides grants to nuclear-affected communities to offset the economic and social impacts of stranded nuclear waste on such communities, and to support such communities that are facing decreased tax revenues or assessed valuation as a result of decommissioning a civilian nuclear power plant.

Read the summary on Congress.gov
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Who introduced it

Rep. Schneider, Bradley Scott [D-IL-10] · D–IL

Committees

  • Transportation and Infrastructure Committee
  • Ways and Means Committee
  • Financial Services Committee
9 cosponsorship records, including any withdrawals

Actions

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  1. Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

  2. Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  3. Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  4. Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  5. Sponsor introductory remarks on measure. (CR H251)

  6. Introduced in House

  7. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Jan 3, 2025. Consult Congress.gov for the current record.

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Objective

Analyze H.R.5608 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Progressive lens

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Institutions and government scope

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Individual rights and government power

Liberty lens

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