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SB 487 - Uranium Cleanup Fund - New Mexico Key Vote

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Title: Uranium Cleanup Fund

Vote Smart's Synopsis:

Vote to pass a bill that establishes the Uranium Legacy Cleanup Fund which funds qualified projects aimed at eliminating or reducing the actual or potential exposure of individuals to uranium contamination that resulted from mining activity prior to July 1, 2008.

NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.

Full Bill Text

See How Your Politicians Voted

Title: Uranium Cleanup Fund

Vote Smart's Synopsis:

Vote to pass a bill that establishes the Uranium Legacy Cleanup Fund which funds qualified projects aimed at eliminating or reducing the actual or potential exposure of individuals to uranium contamination that resulted from mining activity prior to July 1, 2008.

Highlights:

- Allocates money from the uranium legacy cleanup surtax, loans, and donations to the established Uranium Legacy Cleanup Fund [sec 3 (A)]. - Requires the Secretary of Energy, Minerals and Natural Resources to approve qualified projects [sec. 4 (A)]. - Establishes the priorities for approving qualified projects, including the protection of public health and safety, protection of the environment, availability of funds, the number of people affected, and the level of actual or potential radiation exposure [sec. 4 (B)]. - Imposes the uranium legacy cleanup surtax on the mining and processing of uranium at a rate of $0.50 per pound of the content of U308 contained in the uranium [sec. 9 (A)]. - This is a substitute bill sponsored by the Senate Public Affairs Committee.

NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.

Full Bill Text

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