Committee on Energy and Natural Resources Subcommittee on Energy. Hearings held. With printed Hearing: S.Hrg. 111-699.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Apr 20, 2010
Surplus Uranium Disposition Act of 2010 - Amends the Atomic Energy Act of 1954 to authorize the Secretary of Energy to barter, transfer, or sell uranium to eligible entities at fair market value.
Requires eligible entities to: (1) obtain a combined operating license for a reactor approved by the Nuclear Regulatory Commission (NRC); and (2) possess a license from the NRC in order to obtain uranium under this Act.
Requires the Secretary of Energy to offer to barter, transfer, or sell to eligible entities, on a first-come, first-served basis and at fair market value, 20 million pounds of uranium for initial cores for projects to build new reactors.
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Authorizes the Secretary to barter, transfer, or sell uranium to eligible entities on a first-come, first-served basis, at fair market value following a prescribed schedule for 2010-2013 and subsequent years.
Requires a recipient to sell such uranium at fair market value.
Prohibits the use of funds or other value obtained from the barter, transfer, or sale of uranium, without a specific appropriation by Congress, to implement other programs of the Department of Energy (DOE).
Requires the Secretary to: (1) maintain a sufficient inventory of uranium to meet current and foreseeable needs of the missions and programs of DOE and designated agencies; and (2) maintain a reserve inventory of uranium that contains at least 20 million pounds of uranium.
Permits the Secretary to release uranium from the reserve inventory only if a national energy emergency is declared by the President.
Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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