Fission for the Future Act of 2022

12/29/2022, 11:03 PM

Summary of Bill HR 7360

Bill 117 HR 7360, also known as the Fission for the Future Act of 2022, is a piece of legislation introduced in the US Congress. The main goal of this bill is to promote the development and use of nuclear fission technology as a clean and reliable source of energy.

The bill includes provisions for funding research and development of advanced nuclear technologies, as well as incentives for the construction of new nuclear power plants. It also aims to streamline the regulatory process for nuclear energy projects and improve the efficiency and safety of existing nuclear facilities.

Additionally, the Fission for the Future Act of 2022 includes measures to support the training and education of a skilled workforce in the nuclear energy sector, as well as initiatives to address the issue of nuclear waste management. Overall, this bill seeks to position the United States as a global leader in nuclear energy technology and to harness the potential of nuclear fission as a sustainable and low-carbon energy source for the future.

Congressional Summary of HR 7360

Fission for the Future Act of 2022

This bill supports the commercial deployment of advanced nuclear reactors. Specifically, the Department of Energy (DOE) must establish a program that provides financial assistance for the commercial planning, licensing, development, and construction of (1) advanced nuclear reactors, or (2) supply chain infrastructure associated with such reactors or related technologies.

In addition, the bill reauthorizes through FY2027 and revises a DOE program designed to strengthen university research and training in nuclear science and engineering.

Current Status of Bill HR 7360

Bill HR 7360 is currently in the status of Bill Introduced since April 1, 2022. Bill HR 7360 was introduced during Congress 117 and was introduced to the House on April 1, 2022.  Bill HR 7360's most recent activity was Referred to the Subcommittee on Energy. as of April 4, 2022

Bipartisan Support of Bill HR 7360

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
2
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7360

Primary Policy Focus

Energy

Potential Impact Areas

Advanced technology and technological innovationsElectric power generation and transmissionEmployment and training programsEnergy researchEnergy storage, supplies, demandHigher educationInfrastructure developmentLicensing and registrationsLighting, heating, coolingNuclear powerResearch administration and funding

Alternate Title(s) of Bill HR 7360

Fission for the Future Act of 2022Fission for the Future Act of 2022To require the Secretary of Energy to establish a program to provide Federal financial assistance to support advanced nuclear reactors and associated supply chain infrastructure, and for other purposes.
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