[Congressional Record Volume 167, Number 87 (Wednesday, May 19, 2021)]
[Senate]
[Pages S2792-S2793]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  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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