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

  SA 1531. 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__. HA-LEU BANK.

       (a) Definitions.--In this section:
       (1) HA-LEU.--The term ``HA-LEU'' means high-assay, low-
     enriched uranium.
       (2) HA-LEU Bank.--The term ``HA-LEU Bank'' means the HA-LEU 
     Bank operated pursuant to the program.
       (3) High-assay, low-enriched uranium.--The term ``high-
     assay, low-enriched uranium'' means uranium having an assay 
     greater than 5.0 weight percent and less than 20.0 weight 
     percent of the uranium-235 isotope.
       (4) Program.--The term ``program'' means the program 
     established under subsection (b)(1).
       (5) 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 180 days after the date of 
     enactment of this Act, the Secretary shall establish a 
     program to operate a HA-LEU Bank in accordance with this 
     section.
       (2) Authority.--In establishing the program and operating 
     the HA-LEU Bank, 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 HA-LEU Bank are--
       (1) to provide for the availability of domestically 
     produced HA-LEU;
       (2) to address domestic nuclear supply chain issues; and
       (3) to support strategic nuclear fuel cycle capabilities in 
     the United States.
       (d) Exclusion.--The Secretary shall exclude from the HA-LEU 
     Bank uranium that is enriched 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.
       (f) Conforming Amendment.--Section 2001(a)(2)(D) of the 
     Energy Act of 2020 (42 U.S.C. 16281(a)(2)(D)) is amended--
       (1) in clause (v)(III), by adding ``or'' after the 
     semicolon at the end;
       (2) by striking clause (vi); and
       (3) by redesignating clause (vii) as clause (vi).
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