The proposed bill aims to establish the "West Virginia Nuclear Lifecycle and Advanced Fuel Cycle Development Act," which will authorize various nuclear fuel cycle activities, including enrichment, recycling, transportation, and storage of nuclear materials. It emphasizes the importance of secure domestic fuel cycle capabilities and recognizes West Virginia's potential to host these operations due to its existing industrial base and energy infrastructure. The bill outlines that all activities must comply with federal law and that no state agency can prohibit federally authorized activities.

Additionally, the bill creates a special revenue account known as the "Nuclear Lifecycle Development Fund," which will be used for site preparation, workforce development, and infrastructure improvements related to nuclear lifecycle activities. The Department of Economic Development is empowered to engage with the U.S. Department of Energy for federal partnerships and funding opportunities. The legislation also includes provisions for interim storage of spent nuclear fuel and encourages the development of advanced recycling technologies, while ensuring that all activities are conducted under the oversight of the U.S. Nuclear Regulatory Commission.

Statutes affected:
Introduced Version: 16-27C-1, 16-27C-2, 16-27C-3, 16-27C-4, 16-27C-5, 16-27C-6, 16-27C-7, 16-27C-8, 16-27C-9, 16-27C-10